Oracle Corporation $ORCL Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC decreased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 3.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 36,323,077 shares of the enterprise software provider’s stock after selling 1,259,641 shares during the period. Oracle accounts for about 0.6% of Geode Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. Geode Capital Management LLC’s holdings in Oracle were worth $7,908,338,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ORCL. LGT Financial Advisors LLC acquired a new position in shares of Oracle during the 2nd quarter valued at about $33,000. Legend Financial Advisors Inc. purchased a new stake in Oracle in the second quarter valued at approximately $34,000. HighMark Wealth Management LLC purchased a new stake in Oracle in the second quarter valued at approximately $38,000. Moser Wealth Advisors LLC increased its position 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 last quarter. Finally, Orion Capital Management LLC raised its stake in Oracle by 32.2% during the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after purchasing an additional 47 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Oracle

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the transaction, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. This represents a 20.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 204,254 shares of company stock valued at $60,227,807 over the last ninety days. 40.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Morgan Stanley upped their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 23rd. Jefferies Financial Group boosted their price target on Oracle from $360.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Royal Bank Of Canada restated a “sector perform” rating and issued a $310.00 price objective on shares of Oracle in a report on Friday, October 17th. Piper Sandler boosted their target price on Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Finally, Stephens raised their price target on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Stock Performance

Shares of ORCL stock opened at $235.95 on Wednesday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company’s fifty day moving average price is $279.83 and its two-hundred day moving average price is $232.71. The firm has a market capitalization of $672.64 billion, a P/E ratio of 54.62, a P/E/G ratio of 2.96 and a beta of 1.51. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate that Oracle Corporation will post 5 earnings per share 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 paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is 46.30%.

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.