Prasad Wealth Partners LLC Has $1.19 Million Stake in Oracle Corporation $ORCL

Prasad Wealth Partners LLC boosted its stake in Oracle Corporation (NYSE:ORCL) by 4.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,440 shares of the enterprise software provider’s stock after purchasing an additional 253 shares during the period. Prasad Wealth Partners LLC’s holdings in Oracle were worth $1,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ORCL. Nuveen LLC bought a new stake in Oracle during the first quarter valued at $732,692,000. Vanguard Group Inc. grew its stake in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after buying an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Oracle in the 2nd quarter valued at about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after acquiring an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock valued at $463,380,000 after acquiring an additional 1,894,157 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 104,314 shares of company stock worth $31,272,223 over the last ninety days. 40.90% of the stock is owned by insiders.

Oracle Price Performance

Shares of NYSE:ORCL opened at $291.77 on Tuesday. The stock has a market cap of $831.77 billion, a PE ratio of 67.54, a PEG ratio of 3.08 and a beta of 1.53. The company’s fifty day moving average is $263.41 and its 200 day moving average is $206.82. 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.

Oracle (NYSE:ORCL) last issued 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). The business had revenue of $14.93 billion during 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%.Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently disclosed 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 dividend yield of 0.7%. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ORCL shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 price objective (up previously from $200.00) on shares of Oracle in a research note on Thursday, June 12th. UBS Group set a $364.00 price objective on shares of Oracle in a research note on Friday, September 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Oracle in a research note on Saturday, September 27th. Oppenheimer reissued an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Roth Capital reissued a “hold” rating on shares of Oracle in a report on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $304.71.

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.