Pinnacle Investment Management Ltd Acquires Shares of 600 Oracle Corporation $ORCL

Pinnacle Investment Management Ltd acquired a new stake in Oracle Corporation (NYSE:ORCL) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 600 shares of the enterprise software provider’s stock, valued at approximately $131,000. Oracle comprises about 0.8% of Pinnacle Investment Management Ltd’s investment portfolio, making the stock its 11th largest holding.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in shares of Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after buying an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Oracle by 8.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after buying an additional 404 shares during the last quarter. Merit Financial Group LLC grew its position in shares of Oracle by 16.1% in the 1st quarter. Merit Financial Group LLC now owns 54,734 shares of the enterprise software provider’s stock valued at $7,652,000 after buying an additional 7,574 shares during the last quarter. Capital Asset Advisory Services LLC grew its position in shares of Oracle by 2.6% in the 1st quarter. Capital Asset Advisory Services LLC now owns 7,277 shares of the enterprise software provider’s stock valued at $1,061,000 after buying an additional 181 shares during the last quarter. Finally, RFG Advisory LLC grew its position in shares of Oracle by 22.5% in the 1st quarter. RFG Advisory LLC now owns 24,483 shares of the enterprise software provider’s stock valued at $3,423,000 after buying an additional 4,501 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rona Alison Fairhead acquired 480 shares of the company’s stock in a transaction that occurred on Monday, July 7th. The stock was purchased at an average cost of $233.87 per share, for a total transaction of $112,257.60. Following the acquisition, the director owned 22,110 shares in the company, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 in the last ninety days. 42.20% of the stock is owned by insiders.

Oracle Stock Performance

Shares of ORCL opened at $289.68 on Thursday. The stock has a market cap of $825.83 billion, a P/E ratio of 67.06, a PEG ratio of 3.03 and a beta of 1.53. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a 50-day moving average of $260.78 and a two-hundred day moving average of $203.24.

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

Oracle Dividend Announcement

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. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s dividend payout ratio is currently 46.30%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. TD Cowen increased their target price on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. JMP Securities reaffirmed a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a research report on Wednesday, September 24th. Cantor Fitzgerald raised their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Guggenheim raised their price objective on shares of Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and an average target price of $304.71.

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.