Oracle (NYSE:ORCL) Insider Michael Sicilia Sells 33,845 Shares

Oracle Corporation (NYSE:ORCL) insider Michael Sicilia sold 33,845 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Oracle Stock Performance

Shares of Oracle stock opened at $314.90 on Wednesday. The firm has a market cap of $894.84 billion, a PE ratio of 72.89, a price-to-earnings-growth ratio of 3.55 and a beta of 1.46. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm’s 50-day simple moving average is $255.23 and its 200-day simple moving average is $197.74. 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 (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company 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 business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ORCL shares. Evercore ISI boosted their price target on shares of Oracle from $270.00 to $340.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. Scotiabank reaffirmed an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. JMP Securities increased their price objective on Oracle from $315.00 to $342.00 and gave the stock a “market outperform” rating in a research note on Wednesday, September 10th. The Goldman Sachs Group lifted their price target on Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a report on Monday, September 15th. Finally, Stifel Nicolaus upped their target price on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $305.75.

Institutional Investors Weigh In On Oracle

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harel Insurance Investments & Financial Services Ltd. boosted its position in Oracle by 71.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after purchasing an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. grew its stake in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after acquiring an additional 2,110 shares in the last quarter. Canoe Financial LP raised its position in shares of Oracle by 314.8% in the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after buying an additional 367,400 shares in the last quarter. Strs Ohio bought a new stake in Oracle during the first quarter worth about $108,572,000. Finally, CBM Financial LLC bought a new stake in Oracle during the first quarter worth $356,000. 42.44% of the stock is owned by institutional investors.

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.