Integral Investment Advisors Inc. Reduces Stock Holdings in Oracle Co. (NYSE:ORCL)

Integral Investment Advisors Inc. lessened its holdings in shares of Oracle Co. (NYSE:ORCL) by 4.8% in the 1st quarter, HoldingsChannel reports. The firm owned 5,510 shares of the enterprise software provider’s stock after selling 280 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Oracle were worth $770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. McClarren Financial Advisors Inc. increased its stake in Oracle by 201.7% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider’s stock worth $266,000 after buying an additional 1,069 shares in the last quarter. Cornerstone Advisory LLC increased its holdings in shares of Oracle by 34.1% during the 4th quarter. Cornerstone Advisory LLC now owns 12,968 shares of the enterprise software provider’s stock worth $2,258,000 after buying an additional 3,299 shares during the last quarter. Peak Retirement Planning Inc. purchased a new stake in Oracle in the fourth quarter valued at $211,000. AFT Forsyth & Company Inc. boosted its stake in Oracle by 32.7% during the fourth quarter. AFT Forsyth & Company Inc. now owns 6,739 shares of the enterprise software provider’s stock worth $1,123,000 after buying an additional 1,659 shares during the period. Finally, Certuity LLC increased its holdings in Oracle by 28.9% in the 4th quarter. Certuity LLC now owns 7,811 shares of the enterprise software provider’s stock valued at $1,302,000 after purchasing an additional 1,753 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Oracle

In other news, Director Leon E. Panetta sold 17,500 shares of Oracle stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $151.24, for a total value of $2,646,700.00. Following the completion of the sale, the director now directly owns 58,090 shares of the company’s stock, valued at approximately $8,785,531.60. This trade represents a 23.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Naomi O. Seligman sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total transaction of $291,620.00. Following the completion of the transaction, the director now directly owns 34,630 shares in the company, valued at $5,049,400.30. This trade represents a 5.46% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,366 shares of company stock valued at $4,015,723. 42.20% of the stock is owned by insiders.

Oracle Stock Up 1.8%

Shares of ORCL opened at $177.19 on Tuesday. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The company has a 50-day simple moving average of $147.83 and a 200-day simple moving average of $160.13. Oracle Co. has a 52 week low of $118.86 and a 52 week high of $198.31. The firm has a market capitalization of $495.60 billion, a P/E ratio of 43.32, a P/E/G ratio of 3.46 and a beta of 1.32.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.02). The business had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.41 EPS. On average, equities research analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Wall Street Analyst Weigh In

ORCL has been the topic of several research analyst reports. Guggenheim reiterated a “buy” rating and issued a $220.00 price objective on shares of Oracle in a report on Thursday, June 5th. DA Davidson dropped their target price on Oracle from $150.00 to $140.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. CIBC reissued a “buy” rating on shares of Oracle in a research report on Monday. JPMorgan Chase & Co. lowered their price objective on shares of Oracle from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Tuesday, March 11th. Finally, Royal Bank of Canada restated an “outperform” rating on shares of Oracle in a report on Monday. Thirteen research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and an average price target of $177.35.

Oracle 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.