Oracle (NYSE:ORCL – Get Free Report) had its price target boosted by stock analysts at Stephens from $208.00 to $331.00 in a research note issued to investors on Friday, Marketbeat reports. The firm presently has an “equal weight” rating on the enterprise software provider’s stock. Stephens’ price objective would indicate a potential upside of 13.38% from the stock’s current price.
A number of other analysts have also commented on ORCL. Stifel Nicolaus boosted their price target on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and increased their price target for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Melius Research upped their price objective on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. William Blair reissued an “outperform” rating on shares of Oracle in a report on Monday, September 22nd. Finally, Berenberg Bank upped their price objective on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research report on Monday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $323.40.
Oracle Stock Down 6.7%
Oracle (NYSE:ORCL – Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 EPS. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate that Oracle will post 5 earnings per share for the current year.
Insider Buying and Selling
In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s 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 transaction, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,769 shares of company stock valued at $36,428,967 over the last three months. Insiders own 40.90% of the company’s stock.
Institutional Investors Weigh In On Oracle
Large investors have recently bought and sold shares of the business. Kampmann Melissa S. grew its stake in shares of Oracle by 0.3% during the 3rd quarter. Kampmann Melissa S. now owns 11,910 shares of the enterprise software provider’s stock valued at $3,350,000 after purchasing an additional 35 shares during the period. McLean Asset Management Corp raised its holdings in shares of Oracle by 0.7% during the 3rd quarter. McLean Asset Management Corp now owns 5,319 shares of the enterprise software provider’s stock worth $1,551,000 after acquiring an additional 36 shares in the last quarter. Voisard Asset Management Group Inc. raised its holdings in Oracle by 3.4% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 1,127 shares of the enterprise software provider’s stock valued at $317,000 after buying an additional 37 shares during the period. Warren Street Wealth Advisors LLC grew its position in Oracle by 0.7% in the 3rd quarter. Warren Street Wealth Advisors LLC now owns 5,700 shares of the enterprise software provider’s stock valued at $1,603,000 after acquiring an additional 38 shares during the last quarter. Finally, Snider Financial Group grew its position in shares of Oracle by 1.3% during the 2nd quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock worth $701,000 after buying an additional 40 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.
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.
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