TigerOak Management L.L.C. Boosts Position in Oracle Corporation $ORCL

TigerOak Management L.L.C. boosted its stake in Oracle Corporation (NYSE:ORCLFree Report) by 17.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,797 shares of the enterprise software provider’s stock after buying an additional 269 shares during the period. TigerOak Management L.L.C.’s holdings in Oracle were worth $393,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ORCL. Brighton Jones LLC lifted its position in Oracle by 189.3% in the fourth 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 lifted its position in Oracle by 8.1% in the fourth 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. IronOak Wealth LLC. acquired a new position in Oracle in the fourth quarter valued at about $398,000. Aegis Wealth Management LLC acquired a new position in Oracle in the fourth quarter valued at about $276,000. Finally, Capstone Triton Financial Group LLC lifted its position in Oracle by 8.5% in the fourth quarter. Capstone Triton Financial Group LLC now owns 9,878 shares of the enterprise software provider’s stock valued at $1,646,000 after buying an additional 773 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of several research reports. Sanford C. Bernstein reissued an “outperform” rating on shares of Oracle in a research report on Thursday, September 11th. Cowen reissued a “buy” rating and set a $375.00 price target on shares of Oracle in a research report on Wednesday, September 10th. Piper Sandler increased their price target on shares of Oracle from $270.00 to $330.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Evercore ISI increased their price target on shares of Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Finally, Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and increased their price target for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $305.75.

Read Our Latest Stock Analysis on Oracle

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Maria Smith sold 10,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the transaction, the executive vice president owned 40,807 shares in the company, valued at $9,507,622.93. This represents a 19.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 112,092 shares of company stock valued at $32,960,165 over the last three months. 42.20% of the stock is currently owned by insiders.

Oracle Stock Down 1.6%

Shares of NYSE:ORCL opened at $308.86 on Thursday. The firm’s 50 day moving average price is $256.58 and its 200 day moving average price is $198.50. The stock has a market cap of $877.69 billion, a price-to-earnings ratio of 71.50, a price-to-earnings-growth ratio of 3.39 and a beta of 1.46. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two 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:ORCLGet Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Oracle Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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