Oracle (NYSE:ORCL) Trading Down 1.6% on Insider Selling

Oracle Corporation (NYSE:ORCL) traded down 1.6% during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as $300.03 and last traded at $308.86. 32,957,718 shares were traded during mid-day trading, an increase of 129% from the average session volume of 14,387,603 shares. The stock had previously closed at $313.83.

Specifically, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Roth Capital reaffirmed a “hold” rating on shares of Oracle in a research report on Wednesday, June 18th. DA Davidson boosted their target price on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. William Blair reaffirmed an “outperform” rating on shares of Oracle in a research report on Monday. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, Evercore ISI boosted their price objective on Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus price target of $305.75.

Oracle Price Performance

The business has a 50 day moving average price of $256.58 and a two-hundred day moving average price of $198.50. The stock has a market cap of $877.69 billion, a PE ratio of 71.50, a P/E/G ratio of 3.39 and a beta of 1.46. 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 (NYSE:ORCL) last announced its earnings results 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 return on equity of 72.93% and a net margin of 21.08%.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 previous year, the firm earned $1.39 EPS. Oracle’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. Research analysts expect 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 will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Hedge Funds Weigh In On Oracle

Hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC lifted its stake in Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after purchasing an additional 404 shares during the last quarter. IronOak Wealth LLC. purchased a new position in Oracle in the fourth quarter valued at approximately $398,000. Aegis Wealth Management LLC purchased a new position in Oracle in the fourth quarter valued at approximately $276,000. Finally, Capstone Triton Financial Group LLC lifted its stake in Oracle by 8.5% in the fourth quarter. Capstone Triton Financial Group LLC now owns 9,878 shares of the enterprise software provider’s stock valued at $1,646,000 after purchasing an additional 773 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

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.