Wealthspire Advisors LLC Lowers Position in Oracle Corporation $ORCL

Wealthspire Advisors LLC decreased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 1.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 20,701 shares of the enterprise software provider’s stock after selling 326 shares during the period. Wealthspire Advisors LLC’s holdings in Oracle were worth $4,526,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. LGT Financial Advisors LLC bought a new position in Oracle in the second quarter worth approximately $33,000. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the 2nd quarter valued at $34,000. HighMark Wealth Management LLC bought a new position in shares of Oracle in the 2nd quarter worth $38,000. Moser Wealth Advisors LLC lifted its stake 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 purchasing an additional 177 shares during the last quarter. Finally, Orion Capital Management LLC lifted its stake in shares of Oracle by 32.2% during the 2nd quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the topic of several analyst reports. Rothschild & Co Redburn initiated coverage on Oracle in a research note on Thursday, September 25th. They issued a “sell” rating and a $175.00 target price on the stock. Barclays raised their price target on shares of Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Evercore ISI raised their target price on shares of Oracle from $350.00 to $385.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Finally, Wolfe Research lifted their price target on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $322.26.

Insider Activity

In other news, EVP Maria Smith sold 5,000 shares of the company’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the sale, the executive vice president directly owned 47,083 shares of the company’s stock, valued at $13,212,431.46. This represents a 9.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares in the company, valued at $5,528,700. The trade was a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is owned by insiders.

Oracle Trading Up 0.5%

NYSE ORCL opened at $220.97 on Wednesday. The stock has a market cap of $629.93 billion, a P/E ratio of 51.15, a P/E/G ratio of 2.96 and a beta of 1.51. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a fifty day simple moving average of $278.80 and a two-hundred day simple moving average of $235.46.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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%. Oracle’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

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.