Prossimo Advisors LLC Has $409,000 Stake in Oracle Corporation $ORCL

Prossimo Advisors LLC grew its position in Oracle Corporation (NYSE:ORCL) by 19.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,869 shares of the enterprise software provider’s stock after purchasing an additional 309 shares during the quarter. Prossimo Advisors LLC’s holdings in Oracle were worth $409,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of ORCL. Swiss National Bank grew its stake in shares of Oracle by 7.6% in the 2nd quarter. Swiss National Bank now owns 5,093,200 shares of the enterprise software provider’s stock valued at $1,113,526,000 after buying an additional 360,000 shares during the period. Lockheed Martin Investment Management Co. increased its holdings in shares of Oracle by 4.3% during 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. Private Wealth Asset Management LLC raised its position in shares of Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after purchasing an additional 321 shares during the period. Soltis Investment Advisors LLC lifted its holdings in shares of Oracle by 4.8% in the 2nd quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock worth $7,201,000 after purchasing an additional 1,515 shares in the last quarter. Finally, Cascade Investment Group Inc. acquired a new stake in Oracle in the 2nd quarter valued at $239,000. Institutional investors own 42.44% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $201.57 on Monday. The company has a market capitalization of $574.62 billion, a P/E ratio of 46.66, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. The company’s 50-day moving average is $262.79 and its 200 day moving average is $238.38. 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 fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the firm 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. On average, equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Analyst Ratings Changes

ORCL has been the topic of several research reports. Weiss Ratings downgraded shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, November 25th. Stifel Nicolaus boosted their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Redburn Partners set a $175.00 price target on shares of Oracle in a research report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $375.00 price target on shares of Oracle in a research note on Wednesday. Finally, DA Davidson lowered their price objective on Oracle from $300.00 to $200.00 and set a “neutral” rating for the company in a research note on Tuesday, November 25th. 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 company’s stock. According to data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $324.89.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s 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 completion of the transaction, the chief executive officer owned 154,030 shares in the company, valued at $42,610,859.20. This trade represents a 20.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the transaction, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 204,254 shares of company stock worth $60,227,807 in the last three months. 40.90% of the stock is currently owned by corporate insiders.

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.