Motiv8 Investments LLC grew its holdings in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 12.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 7,605 shares of the enterprise software provider’s stock after acquiring an additional 847 shares during the quarter. Oracle comprises approximately 1.0% of Motiv8 Investments LLC’s holdings, making the stock its 25th largest position. Motiv8 Investments LLC’s holdings in Oracle were worth $1,663,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC bought a new position in shares of Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the first quarter worth approximately $28,000. Iron Horse Wealth Management LLC boosted its stake in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after purchasing an additional 151 shares in the last quarter. Legend Financial Advisors Inc. acquired a new position in shares of Oracle during the 2nd quarter valued at $34,000. Finally, HighMark Wealth Management LLC bought a new stake in shares of Oracle in the 2nd quarter worth $38,000. Institutional investors own 42.44% of the company’s stock.
Insider Transactions at Oracle
In related news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 104,314 shares of company stock worth $31,272,223. Corporate insiders own 40.90% of the company’s stock.
Oracle Trading Down 0.9%
Oracle (NYSE:ORCL – Get Free Report) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the business posted $1.39 earnings per share. Oracle’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s dividend payout ratio is currently 46.30%.
Analyst Upgrades and Downgrades
ORCL has been the topic of a number of research analyst reports. JMP Securities reaffirmed a “market outperform” rating and set a $342.00 target price on shares of Oracle in a report on Wednesday, September 24th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. Wolfe Research boosted their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Sanford C. Bernstein lifted their price target on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Finally, CIBC reaffirmed a “buy” rating on shares of Oracle in a report on Monday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $304.71.
View Our Latest Stock Report on ORCL
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
- How to Use the MarketBeat Dividend Calculator
- 3 Cybersecurity Stocks Poised for Long-Term Growth
- 3 Stocks to Consider Buying in October
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Starbucks Stock Slumps; This Competitor Shows Strength
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.