Oracle (NYSE:ORCL) Trading Up 1.4% – Time to Buy?

by · The Markets Daily

Shares of Oracle Corporation (NYSE:ORCL – Get Free Report) were up 1.4% during mid-day trading on Monday . The stock traded as high as $224.75 and last traded at $220.5250. Approximately 24,443,545 shares were traded during trading, an increase of 51% from the average daily volume of 16,191,483 shares. The stock had previously closed at $217.58.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ORCL shares. Erste Group Bank downgraded Oracle from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Redburn Partners set a $175.00 price objective on shares of Oracle in a report on Thursday, September 25th. William Blair reaffirmed an “outperform” rating on shares of Oracle in a research report on Friday, October 17th. Cowen reiterated a “buy” rating on shares of Oracle in a research report on Thursday. Finally, Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and an average price target of $320.84.

Read Our Latest Report on Oracle

Oracle Price Performance

The company has a market capitalization of $628.67 billion, a PE ratio of 51.05, a price-to-earnings-growth ratio of 2.47 and a beta of 1.66. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The stock’s 50 day simple moving average is $253.08 and its 200-day simple moving average is $240.11.

Oracle (NYSE:ORCL – Get Free Report) last announced its quarterly earnings data 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 net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the firm posted $1.39 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were paid a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.9%. Oracle’s payout ratio is 46.30%.

Insiders Place Their Bets

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total value of $13,971,282.30. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maria Smith sold 5,000 shares of Oracle stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the completion of the transaction, the executive vice president owned 47,083 shares of the company’s stock, valued at $13,212,431.46. The trade was a 9.60% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is owned by company insiders.

Institutional Trading of Oracle

Hedge funds have recently added to or reduced their stakes in the company. Tull Financial Group Inc. lifted its stake in Oracle by 5.8% in the third quarter. Tull Financial Group Inc. now owns 1,000 shares of the enterprise software provider’s stock worth $281,000 after acquiring an additional 55 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its position in shares of Oracle by 1,753.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,223 shares of the enterprise software provider’s stock valued at $344,000 after purchasing an additional 1,157 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Oracle by 1.1% in the 3rd quarter. Allworth Financial LP now owns 320,789 shares of the enterprise software provider’s stock valued at $90,219,000 after purchasing an additional 3,465 shares in the last quarter. Swiss Life Asset Management Ltd raised its holdings in shares of Oracle by 3.3% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 510,345 shares of the enterprise software provider’s stock valued at $143,529,000 after purchasing an additional 16,167 shares in the last quarter. Finally, Innova Wealth Partners lifted its position in shares of Oracle by 3.8% during the 3rd quarter. Innova Wealth Partners now owns 2,457 shares of the enterprise software provider’s stock worth $691,000 after purchasing an additional 90 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

About Oracle

(Get 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.

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