Scotia Capital Inc. Sells 4,481 Shares of Oracle Corporation $ORCL

Scotia Capital Inc. cut its stake in Oracle Corporation (NYSE:ORCL) by 1.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 292,787 shares of the enterprise software provider’s stock after selling 4,481 shares during the quarter. Scotia Capital Inc.’s holdings in Oracle were worth $64,006,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Winnow Wealth LLC purchased a new stake in Oracle in the 2nd quarter valued at $28,000. LGT Financial Advisors LLC purchased a new position in Oracle during the 2nd quarter worth $33,000. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter worth $34,000. HighMark Wealth Management LLC bought a new stake in shares of Oracle in the 2nd quarter worth $38,000. Finally, Moser Wealth Advisors LLC raised its holdings in shares of Oracle by 1,770.0% in the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock valued at $41,000 after purchasing an additional 177 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Analyst Ratings Changes

ORCL has been the topic of several analyst reports. William Blair restated an “outperform” rating on shares of Oracle in a report on Friday, October 17th. Rothschild & Co Redburn started coverage on Oracle in a research note on Thursday, September 25th. They issued a “sell” rating and a $175.00 target price on the stock. Redburn Partners set a $175.00 price target on Oracle in a research report on Thursday, September 25th. Stephens lifted their price target on Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a report on Friday, October 17th. Finally, Weiss Ratings cut Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $324.89.

Insider Activity

In related news, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the transaction, the director directly owned 151,999 shares of the company’s stock, valued at approximately $43,018,756.98. This trade represents a 24.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the business’s 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 sale, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. The trade was a 20.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by corporate insiders.

Oracle Price Performance

Shares of NYSE ORCL opened at $205.29 on Friday. 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 stock has a fifty day simple moving average of $264.94 and a two-hundred day simple moving average of $237.02. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a market cap of $585.23 billion, a price-to-earnings ratio of 47.52, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last issued its earnings results 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 net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the firm earned $1.39 earnings per share. The business’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. Analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 1.0%. Oracle’s dividend payout ratio is 46.30%.

Oracle Company 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.