Artisan Partners Limited Partnership Sells 236,834 Shares of Oracle Corporation $ORCL

Artisan Partners Limited Partnership reduced its stake in Oracle Corporation (NYSE:ORCL) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,576,329 shares of the enterprise software provider’s stock after selling 236,834 shares during the quarter. Oracle makes up approximately 1.1% of Artisan Partners Limited Partnership’s investment portfolio, making the stock its 25th biggest position. Artisan Partners Limited Partnership owned approximately 0.13% of Oracle worth $781,893,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. LGT Financial Advisors LLC bought a new position in shares of Oracle in the second quarter worth approximately $33,000. Legend Financial Advisors Inc. bought a new stake in shares of Oracle during the 2nd quarter valued at $34,000. HighMark Wealth Management LLC purchased a new position in shares of Oracle during the 2nd quarter valued at $38,000. Moser Wealth Advisors LLC boosted its holdings in Oracle by 1,770.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after buying an additional 177 shares during the period. Finally, Orion Capital Management LLC increased its stake in Oracle by 32.2% in the 2nd quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after buying an additional 47 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the sale, the director owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This trade represents a 24.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at $5,528,700. This trade represents a 51.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Up 0.5%

Shares of NYSE ORCL opened at $220.97 on Wednesday. The firm’s 50-day moving average price is $278.80 and its 200-day moving average price is $235.46. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market capitalization of $629.93 billion, a price-to-earnings ratio of 51.15, a P/E/G ratio of 2.96 and a beta of 1.51. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the business posted $1.39 EPS. The company’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.9%. Oracle’s payout ratio is currently 46.30%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ORCL. Mizuho boosted their price objective on Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. The Goldman Sachs Group reissued a “neutral” rating and issued a $320.00 price target on shares of Oracle in a report on Monday, October 20th. TD Cowen increased their price objective on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Finally, Robert W. Baird lowered their target price on shares of Oracle from $365.00 to $315.00 and set an “outperform” rating on the stock in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $322.26.

Oracle Company Profile

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.