Oracle (NYSE:ORCL) Shares Down 1.6% After Insider Selling

Oracle Corporation (NYSE:ORCL) shares were down 1.6% on Wednesday after an insider sold shares in the company. The stock traded as low as $295.03 and last traded at $301.64. Approximately 27,457,381 shares traded hands during mid-day trading, an increase of 99% from the average daily volume of 13,786,476 shares. The stock had previously closed at $306.65.

Specifically, insider Michael D. Sicilia sold 16,323 shares of Oracle stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total value of $5,118,892.80. Following the completion of the sale, the insider owned 110,094 shares of the company’s stock, valued at approximately $34,525,478.40. The trade was a 12.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. In related news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ORCL shares. BNP Paribas set a $377.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. TD Cowen lifted their target price on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Raymond James Financial reiterated a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. Guggenheim lifted their target price on shares of Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $303.44.

Oracle Stock Performance

The stock has a market capitalization of $857.17 billion, a price-to-earnings ratio of 69.82, a price-to-earnings-growth ratio of 3.31 and a beta of 1.46. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock’s 50-day simple moving average is $248.83 and its 200 day simple moving average is $193.18.

Oracle (NYSE:ORCL) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle’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. Analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

Hedge Funds Weigh In On Oracle

A number of large investors have recently modified their holdings of the stock. Valeo Financial Advisors LLC lifted its position in shares of Oracle by 5.0% during the second quarter. Valeo Financial Advisors LLC now owns 95,299 shares of the enterprise software provider’s stock worth $20,835,000 after purchasing an additional 4,512 shares in the last quarter. Milestones Private Investment Advisors LLC acquired a new position in shares of Oracle during the second quarter worth approximately $744,000. Silicon Valley Capital Partners lifted its position in shares of Oracle by 7.1% during the second quarter. Silicon Valley Capital Partners now owns 74,129 shares of the enterprise software provider’s stock worth $16,207,000 after purchasing an additional 4,912 shares in the last quarter. WT Wealth Management bought a new stake in shares of Oracle during the second quarter worth approximately $262,000. Finally, NWF Advisory Services Inc. raised its stake in shares of Oracle by 6.3% during the second quarter. NWF Advisory Services Inc. now owns 2,596 shares of the enterprise software provider’s stock worth $568,000 after buying an additional 153 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

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.