Oracle (NYSE:ORCL) Trading Up 3.3% – What’s Next?

Oracle Corporation (NYSE:ORCL) shares were up 3.3% during mid-day trading on Wednesday . The company traded as high as $207.92 and last traded at $207.7350. Approximately 18,933,932 shares were traded during trading, an increase of 18% from the average daily volume of 16,087,282 shares. The stock had previously closed at $201.10.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Robert W. Baird reduced their price objective on shares of Oracle from $365.00 to $315.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 18th. Rothschild & Co Redburn assumed coverage on shares of Oracle in a research report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price target on the stock. Mizuho boosted their target price on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Guggenheim upped their target price on Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a report on Friday, October 17th. Finally, JPMorgan Chase & Co. lifted their price target on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $323.68.

Oracle Trading Up 3.3%

The firm has a fifty day simple moving average of $257.95 and a two-hundred day simple moving average of $238.96. The firm has a market cap of $592.21 billion, a PE ratio of 48.09, a PEG ratio of 2.28 and a beta of 1.66. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter last year, the company earned $1.39 EPS. The firm’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 analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is currently 46.30%.

Insider Activity at Oracle

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of Oracle 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 completion of the transaction, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at $42,610,859.20. The trade was a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the company’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 transaction, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 204,254 shares of company stock worth $60,227,807 in the last ninety days. Corporate insiders own 40.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ORCL. Strategic Investment Solutions Inc. IL raised its stake in Oracle by 1,753.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,223 shares of the enterprise software provider’s stock worth $344,000 after purchasing an additional 1,157 shares during the period. Allworth Financial LP increased its holdings in shares of Oracle by 1.1% during the 3rd quarter. Allworth Financial LP now owns 320,789 shares of the enterprise software provider’s stock worth $90,219,000 after buying an additional 3,465 shares during the last quarter. Swiss Life Asset Management Ltd lifted its holdings in Oracle by 3.3% in the third quarter. Swiss Life Asset Management Ltd now owns 510,345 shares of the enterprise software provider’s stock valued at $143,529,000 after acquiring an additional 16,167 shares during the last quarter. Innova Wealth Partners lifted its holdings in Oracle by 3.8% in the third quarter. Innova Wealth Partners now owns 2,457 shares of the enterprise software provider’s stock valued at $691,000 after acquiring an additional 90 shares during the last quarter. Finally, Stillwater Wealth Management Group acquired a new position in shares of Oracle in the 3rd quarter valued at $4,022,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

About Oracle

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.