Oracle Corporation $ORCL Shares Sold by Horizon Bancorp Inc. IN

Horizon Bancorp Inc. IN reduced its holdings in Oracle Corporation (NYSE:ORCL) by 3.6% during the 2nd quarter, Holdings Channel reports. The firm owned 4,688 shares of the enterprise software provider’s stock after selling 175 shares during the quarter. Oracle makes up about 0.5% of Horizon Bancorp Inc. IN’s holdings, making the stock its 25th largest holding. Horizon Bancorp Inc. IN’s holdings in Oracle were worth $1,025,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC acquired a new stake in Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle in the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC lifted its position in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares in the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the second quarter valued at approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new position in shares of Oracle in the second quarter valued at approximately $38,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last ninety days. Company insiders own 40.90% of the company’s stock.

Oracle Price Performance

NYSE:ORCL opened at $296.95 on Friday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $846.54 billion, a P/E ratio of 68.74, a P/E/G ratio of 3.11 and a beta of 1.53. The stock’s fifty day moving average is $265.72 and its two-hundred day moving average is $208.90.

Oracle (NYSE:ORCL) 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 net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given 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 payout ratio is currently 46.30%.

Analysts Set New Price Targets

ORCL has been the topic of several research reports. Rothschild Redb upgraded Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Citigroup restated an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. BNP Paribas set a $377.00 target price on Oracle in a research report on Wednesday, September 10th. KeyCorp raised their target price on Oracle from $200.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, June 12th. Finally, Barclays raised their target price on Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a research report on Monday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $306.43.

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.