Alpha Financial Advisors LLC Takes Position in Oracle Corporation $ORCL

Alpha Financial Advisors LLC bought a new stake in Oracle Corporation (NYSE:ORCLFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,067 shares of the enterprise software provider’s stock, valued at approximately $233,000.

A number of other institutional investors have also recently bought and sold shares of the business. Iron Horse Wealth Management LLC boosted its stake in shares of Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after acquiring an additional 151 shares during the period. LGT Financial Advisors LLC bought a new position in Oracle during the second quarter worth $33,000. Legend Financial Advisors Inc. acquired a new position in shares of Oracle in the second quarter valued at $34,000. HighMark Wealth Management LLC acquired a new position in shares of Oracle in the second quarter valued at $38,000. Finally, Graybill Wealth Management LTD. bought a new position in shares of Oracle in the first quarter valued at about $39,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of research reports. Cowen reiterated a “buy” rating on shares of Oracle in a research note on Friday, October 17th. JPMorgan Chase & Co. boosted their price objective on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Evercore ISI upped their target price on Oracle from $350.00 to $385.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Wolfe Research lifted their price target on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Finally, Baird R W upgraded Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Get Our Latest Stock Analysis on ORCL

Oracle Stock Down 1.9%

Shares of NYSE ORCL opened at $239.15 on Friday. The stock has a market capitalization of $681.77 billion, a P/E ratio of 55.36, a PEG ratio of 2.96 and a beta of 1.51. The stock’s fifty day moving average is $279.32 and its 200 day moving average is $229.88. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. 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:ORCLGet Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This trade represents a 39.30% 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 three months. 40.90% of the stock is owned by corporate insiders.

Oracle Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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