Wedbush Securities Inc. grew its stake in Oracle Corporation (NYSE:ORCL – Free Report) by 2.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,094 shares of the enterprise software provider’s stock after purchasing an additional 1,522 shares during the period. Oracle comprises about 0.4% of Wedbush Securities Inc.’s investment portfolio, making the stock its 29th biggest position. Wedbush Securities Inc.’s holdings in Oracle were worth $12,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. LGT Financial Advisors LLC acquired a new position in Oracle in the 2nd quarter valued at approximately $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth approximately $34,000. HighMark Wealth Management LLC bought a new stake in shares of Oracle during the second quarter valued at approximately $38,000. Moser Wealth Advisors LLC raised its stake 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 in the last quarter. Finally, Orion Capital Management LLC raised its stake in shares of Oracle by 32.2% in the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock valued at $42,000 after purchasing an additional 47 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Guggenheim boosted their price target on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a report on Friday, October 17th. Wolfe Research upped their target price on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Barclays lifted their price objective on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Stephens increased their target price on Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a report on Friday, October 17th. Finally, Berenberg Bank boosted their price target on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $323.69.
Insider Transactions at Oracle
In other Oracle news, EVP Maria Smith sold 5,000 shares of the stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total value of $1,403,100.00. Following the completion of the sale, the executive vice president directly owned 47,083 shares in the company, valued at $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey Berg sold 49,365 shares of the 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 of the company’s stock, valued at $43,018,756.98. This represents a 24.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 204,254 shares of company stock valued at $60,227,807. Corporate insiders own 40.90% of the company’s stock.
Oracle Stock Down 1.9%
NYSE ORCL opened at $239.15 on Friday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The stock has a market capitalization of $681.77 billion, a P/E ratio of 55.36, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. The stock has a fifty day moving average of $279.32 and a 200-day moving average of $229.88.
Oracle (NYSE:ORCL – Get Free Report) last released its 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the company posted $1.39 earnings per share. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.
Oracle Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. Oracle’s payout ratio is currently 46.30%.
About Oracle
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.
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