Oracle Corporation $ORCL Shares Sold by Tcfg Wealth Management LLC

Tcfg Wealth Management LLC cut its holdings in Oracle Corporation (NYSE:ORCL) by 4.1% during the 2nd quarter, Holdings Channel reports. The firm owned 3,520 shares of the enterprise software provider’s stock after selling 150 shares during the period. Tcfg Wealth Management LLC’s holdings in Oracle were worth $770,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth about $34,000. HighMark Wealth Management LLC purchased a new position in shares of Oracle during the second quarter valued at approximately $38,000. Redmont Wealth Advisors LLC acquired a new stake in Oracle during the first quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle in the 1st quarter worth approximately $28,000. Finally, Iron Horse Wealth Management LLC raised its holdings in Oracle by 284.9% in the 1st 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 during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORCL has been the subject of a number of recent analyst reports. Westpark Capital lifted their price objective on Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a research report on Thursday, June 12th. Redburn Partners set a $175.00 price target on Oracle in a report on Thursday, September 25th. Loop Capital set a $135.00 price objective on shares of Oracle in a report on Tuesday, June 10th. Scotiabank restated an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. Finally, Stifel Nicolaus upped their price target on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $304.71.

Insider Buying and Selling

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is owned by company insiders.

Oracle Stock Up 2.0%

ORCL opened at $291.77 on Tuesday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm has a 50 day moving average price of $263.41 and a 200 day moving average price of $206.82. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $831.77 billion, a PE ratio of 67.54, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53.

Oracle (NYSE:ORCL) last released 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 business 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 firm earned $1.39 earnings per share. Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently declared 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. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is currently 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.