Skandinaviska Enskilda Banken AB publ Sells 32,688 Shares of Oracle Corporation $ORCL

Skandinaviska Enskilda Banken AB publ decreased its stake in shares of Oracle Corporation (NYSE:ORCL) by 7.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 389,979 shares of the enterprise software provider’s stock after selling 32,688 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Oracle were worth $85,261,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Winnow Wealth LLC purchased a new stake in shares of Oracle in the second quarter valued at about $28,000. LGT Financial Advisors LLC bought a new stake in Oracle in the 2nd quarter worth about $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle in the 2nd quarter worth about $34,000. HighMark Wealth Management LLC purchased a new stake in Oracle in the 2nd quarter valued at about $38,000. Finally, Moser Wealth Advisors LLC lifted its position in shares of Oracle by 1,770.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after buying an additional 177 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Price Performance

ORCL opened at $205.29 on Friday. The firm has a 50-day moving average price of $264.94 and a 200-day moving average price of $237.02. Oracle Corporation has a twelve month low of $118.86 and a twelve month 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. The company has a market capitalization of $585.23 billion, a price-to-earnings ratio of 47.52, a PEG ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the business posted $1.39 earnings per share. The firm’s quarterly revenue 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 expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued 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 of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insider Buying and Selling

In related news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the sale, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value 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. This trade represents a 20.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 204,254 shares of company stock valued at $60,227,807 in the last 90 days. Corporate insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ORCL shares. Piper Sandler upped their target price on Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Sanford C. Bernstein boosted their price objective on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $375.00 target price on shares of Oracle in a research report on Wednesday. Royal Bank Of Canada reissued a “sector perform” rating and issued a $310.00 price target on shares of Oracle in a report on Friday, October 17th. Finally, Evercore ISI raised their price objective on shares of Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven 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 stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $324.89.

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.