Sculati Wealth Management LLC Trims Position in Oracle Corporation $ORCL

Sculati Wealth Management LLC lowered its stake in Oracle Corporation (NYSE:ORCL) by 3.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,699 shares of the enterprise software provider’s stock after selling 1,028 shares during the quarter. Oracle comprises approximately 2.1% of Sculati Wealth Management LLC’s holdings, making the stock its 10th largest holding. Sculati Wealth Management LLC’s holdings in Oracle were worth $5,619,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Snider Financial Group lifted its position in shares of Oracle by 1.3% in the second quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock worth $701,000 after buying an additional 40 shares in the last quarter. SNS Financial Group LLC grew its holdings in Oracle by 0.9% during the 2nd quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock valued at $1,070,000 after buying an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. increased its stake in Oracle by 7.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares during the last quarter. Creative Capital Management Investments LLC raised its holdings in shares of Oracle by 5.7% during the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after acquiring an additional 43 shares in the last quarter. Finally, MFA Wealth Services boosted its position in shares of Oracle by 1.0% during the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after acquiring an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ORCL. BMO Capital Markets set a $355.00 price target on shares of Oracle and gave the company an “outperform” rating in a research note on Monday, October 13th. Sanford C. Bernstein upped their target price on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research report on Friday, September 26th. Robert W. Baird began coverage on Oracle in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 price target for the company. Jefferies Financial Group boosted their price objective on Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $342.00 price objective on shares of Oracle in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

Insider Activity at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction dated 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 sale, the director directly owned 151,999 shares of the company’s stock, valued at $43,018,756.98. The trade was a 24.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 $8,443,394.75. This represents 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 over the last ninety days. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Up 2.4%

Shares of NYSE:ORCL opened at $222.88 on Friday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The business has a 50 day simple moving average of $279.59 and a two-hundred day simple moving average of $233.14. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm has a market capitalization of $635.37 billion, a PE ratio of 51.59, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) 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.