Oracle Corporation $ORCL Shares Purchased by Prospect Financial Services LLC

Prospect Financial Services LLC increased its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 619.9% during the fourth quarter, Holdings Channel reports. The fund owned 6,306 shares of the enterprise software provider’s stock after acquiring an additional 5,430 shares during the quarter. Prospect Financial Services LLC’s holdings in Oracle were worth $1,229,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Greykasell Wealth Strategies Inc. boosted its holdings in shares of Oracle by 1.1% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 3,943 shares of the enterprise software provider’s stock valued at $1,109,000 after purchasing an additional 42 shares during the last quarter. Beacon Bridge Wealth Partners LLC boosted its holdings in shares of Oracle by 3.0% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 1,543 shares of the enterprise software provider’s stock valued at $434,000 after purchasing an additional 45 shares during the last quarter. Everest Management Corp. boosted its holdings in shares of Oracle by 0.9% in the 3rd quarter. Everest Management Corp. now owns 5,265 shares of the enterprise software provider’s stock valued at $1,481,000 after purchasing an additional 45 shares during the last quarter. Perennial Investment Advisors LLC boosted its holdings in shares of Oracle by 0.5% in the 3rd quarter. Perennial Investment Advisors LLC now owns 9,627 shares of the enterprise software provider’s stock valued at $2,708,000 after purchasing an additional 45 shares during the last quarter. Finally, Consolidated Portfolio Review Corp boosted its holdings in shares of Oracle by 1.0% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 4,988 shares of the enterprise software provider’s stock valued at $1,403,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

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Analysts Set New Price Targets

ORCL has been the topic of several recent research reports. Oppenheimer lifted their target price on shares of Oracle from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Mizuho reduced their target price on shares of Oracle from $400.00 to $320.00 and set an “outperform” rating on the stock in a report on Monday, March 16th. Cantor Fitzgerald restated an “overweight” rating and set a $229.00 target price on shares of Oracle in a report on Wednesday, March 11th. Citigroup lifted their target price on shares of Oracle from $310.00 to $320.00 and gave the company a “buy” rating in a report on Thursday, March 12th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $160.00 target price on shares of Oracle in a report on Wednesday, March 11th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.46.

View Our Latest Research Report on Oracle

Insider Buying and Selling at Oracle

In other news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.19, for a total value of $2,642,850.00. Following the completion of the sale, the executive vice president owned 3,429 shares of the company’s stock, valued at approximately $604,155.51. The trade was a 81.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Oracle stock opened at $189.76 on Friday. Oracle Corporation has a 12-month low of $134.57 and a 12-month high of $345.72. The company has a market capitalization of $545.76 billion, a price-to-earnings ratio of 34.07, a price-to-earnings-growth ratio of 1.80 and a beta of 1.55. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. The firm’s fifty day moving average price is $165.70 and its 200 day moving average price is $179.91.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The firm had revenue of $17.19 billion for the quarter, compared to the consensus estimate of $16.91 billion. During the same quarter in the previous year, the firm posted $1.47 EPS. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, research analysts forecast that Oracle Corporation will post 6.08 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Oracle’s payout ratio is presently 35.91%.

About Oracle

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Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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