Sassicaia Capital Advisers LLC Buys New Position in Oracle Corporation $ORCL

Sassicaia Capital Advisers LLC bought a new position in Oracle Corporation (NYSE:ORCL) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 2,400 shares of the enterprise software provider’s stock, valued at approximately $525,000. Oracle accounts for approximately 0.3% of Sassicaia Capital Advisers LLC’s investment portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of ORCL. Vanguard Group Inc. increased its stake in shares of Oracle by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 164,278,874 shares of the enterprise software provider’s stock valued at $35,916,290,000 after acquiring an additional 3,353,461 shares in the last quarter. Northern Trust Corp grew its holdings in Oracle by 0.6% in the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider’s stock worth $2,760,048,000 after purchasing an additional 120,889 shares during the period. Norges Bank bought a new stake in Oracle in the second quarter valued at $4,275,378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Oracle by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider’s stock valued at $1,941,195,000 after purchasing an additional 59,164 shares during the period. Finally, Amundi raised its holdings in shares of Oracle by 3.3% during the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider’s stock valued at $1,749,280,000 after purchasing an additional 409,691 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. This trade represents a 20.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 204,254 shares of company stock valued at $60,227,807 over the last quarter. Corporate insiders own 40.90% of the company’s stock.

Oracle Price Performance

ORCL opened at $218.04 on Friday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $621.59 billion, a price-to-earnings ratio of 50.47, a P/E/G ratio of 2.43 and a beta of 1.66. The firm’s fifty day moving average price is $253.08 and its two-hundred day moving average price is $238.98. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm 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 company earned $1.39 EPS. 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. As a group, analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ORCL shares. BNP Paribas set a $377.00 target price on Oracle in a research report on Wednesday, September 10th. Stifel Nicolaus boosted their price objective on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Redburn Partners set a $175.00 target price on Oracle in a research report on Thursday, September 25th. Scotiabank lifted their price target on shares of Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Finally, BMO Capital Markets set a $355.00 price objective on shares of Oracle and gave the stock an “outperform” rating in a report on Monday, October 13th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.73.

Oracle 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.