 Brighton Jones LLC boosted its stake in  Oracle Corporation (NYSE:ORCL – Free Report) by 0.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,618 shares of the enterprise software provider’s stock after purchasing an additional 649 shares during the quarter. Brighton Jones LLC’s holdings in Oracle were worth $17,188,000 as of its most recent filing with the SEC.
Brighton Jones LLC boosted its stake in  Oracle Corporation (NYSE:ORCL – Free Report) by 0.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,618 shares of the enterprise software provider’s stock after purchasing an additional 649 shares during the quarter. Brighton Jones LLC’s holdings in Oracle were worth $17,188,000 as of its most recent filing with the SEC. 
Other institutional investors and hedge funds have also recently bought and sold shares of the company. LGT Financial Advisors LLC purchased a new position in Oracle during the second quarter worth approximately $33,000. Legend Financial Advisors Inc. purchased a new position in Oracle during the second quarter worth approximately $34,000. HighMark Wealth Management LLC purchased a new position in Oracle during the second quarter worth approximately $38,000. Moser Wealth Advisors LLC raised its stake in Oracle by 1,770.0% during the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after purchasing an additional 177 shares during the period. Finally, Redmont Wealth Advisors LLC purchased a new position in Oracle during the first quarter worth approximately $27,000. Institutional investors and hedge funds own 42.44% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have weighed in on ORCL. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Robert W. Baird initiated coverage on shares of Oracle in a research note on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price objective for the company. TD Cowen boosted their price objective on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. UBS Group boosted their price objective on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Finally, Jefferies Financial Group boosted their price objective on shares of Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and an average price target of $323.69.
Oracle Trading Up 1.2%
NYSE ORCL opened at $283.45 on Friday. The company’s fifty day simple moving average is $274.59 and its 200-day simple moving average is $221.04. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $808.05 billion, a P/E ratio of 65.61, a PEG ratio of 3.04 and a beta of 1.53.
Oracle (NYSE:ORCL – Get Free Report) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the firm posted $1.39 earnings per share. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s dividend payout ratio is currently 46.30%.
Insider Transactions at Oracle
In related news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 170,769 shares of company stock valued at $50,297,667 over the last ninety days. 40.90% of the stock is currently owned by corporate insiders.
Oracle Profile
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.
Featured Articles
- Five stocks we like better than Oracle
- What is diluted earnings per share (Diluted EPS)?
- Tractor Supply Stock Looks Like a Buy-and-Hold Winner
- Retail Stocks Investing, Explained
- 3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound
- What is the Hang Seng index?
- Big Banks Are Setting the Tone as Earnings Season Kicks Off
Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL – Free Report).
Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.

 
						 
						 
						 
						