Arta Finance Wealth Management LLC Purchases Shares of 7,643 Oracle Corporation $ORCL

Arta Finance Wealth Management LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCLFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,643 shares of the enterprise software provider’s stock, valued at approximately $1,486,000. Oracle comprises approximately 0.8% of Arta Finance Wealth Management LLC’s holdings, making the stock its 23rd largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FSA Wealth Management LLC bought a new position in Oracle during the 3rd quarter valued at $28,000. Darwin Wealth Management LLC raised its stake in shares of Oracle by 130.0% in the 3rd quarter. Darwin Wealth Management LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after buying an additional 65 shares in the last quarter. Investors Research Corp lifted its holdings in shares of Oracle by 465.5% in the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 135 shares during the period. Mpwm Advisory Solutions LLC boosted its stake in Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Finally, YANKCOM Partnership grew its holdings in Oracle by 304.7% during the fourth quarter. YANKCOM Partnership now owns 174 shares of the enterprise software provider’s stock worth $34,000 after acquiring an additional 131 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Trading Down 0.0%

NYSE:ORCL opened at $146.31 on Friday. The stock has a market cap of $420.79 billion, a PE ratio of 26.27, a price-to-earnings-growth ratio of 1.40 and a beta of 1.60. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. The stock’s 50-day moving average is $153.19 and its two-hundred day moving average is $206.57.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The business had revenue of $17.19 billion during the quarter, compared to analyst estimates of $16.91 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. The firm’s revenue was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Thursday, April 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.4%. Oracle’s dividend payout ratio (DPR) is presently 35.91%.

Insider Transactions at Oracle

In related news, EVP Douglas A. Kehring sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $194.89, for a total transaction of $6,821,150.00. Following the transaction, the executive vice president owned 33,638 shares of the company’s stock, valued at approximately $6,555,709.82. This trade represents a 50.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Clayton M. Magouyrk sold 10,000 shares of Oracle stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $155.23, for a total transaction of $1,552,300.00. Following the completion of the sale, the chief executive officer owned 134,030 shares of the company’s stock, valued at $20,805,476.90. This trade represents a 6.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 40.90% of the company’s stock.

Key Oracle News

Here are the key news stories impacting Oracle this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Melius Research set a $160.00 price target on shares of Oracle in a report on Monday, February 9th. Guggenheim reiterated a “buy” rating and issued a $400.00 target price on shares of Oracle in a report on Friday, March 13th. Royal Bank Of Canada restated a “sector perform” rating and set a $160.00 target price on shares of Oracle in a report on Wednesday, March 11th. DA Davidson lifted their price target on shares of Oracle from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Finally, Jefferies Financial Group dropped their price target on Oracle from $400.00 to $320.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $262.91.

Check Out Our Latest Report on Oracle

Oracle Company Profile

(Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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