Oracle (NYSE:ORCL) Shares Up 1.7% – Here’s What Happened

Shares of Oracle Corporation (NYSE:ORCL) rose 1.7% on Friday . The stock traded as high as $219.50 and last traded at $218.04. Approximately 23,971,773 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 16,154,889 shares. The stock had previously closed at $214.33.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Melius Research lifted their target price on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. William Blair restated an “outperform” rating on shares of Oracle in a research note on Friday, October 17th. UBS Group increased their target price on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $375.00 price target on shares of Oracle in a research report on Wednesday, November 26th. Finally, BMO Capital Markets set a $355.00 price objective on Oracle and gave the company an “outperform” rating in a research note on Monday, October 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and an average target price of $322.73.

Oracle Trading Up 1.7%

The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The business has a fifty day simple moving average of $254.39 and a 200 day simple moving average of $238.57. The company has a market cap of $621.59 billion, a price-to-earnings ratio of 50.47, a P/E/G ratio of 2.35 and a beta of 1.66.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

Insider Transactions at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of Oracle stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the transaction, the director owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the transaction, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. This trade represents a 20.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 204,254 shares of company stock worth $60,227,807 in the last 90 days. Insiders own 40.90% of the company’s stock.

Hedge Funds Weigh In On Oracle

A number of institutional investors have recently made changes to their positions in ORCL. Winnow Wealth LLC purchased a new stake in shares of Oracle during the second quarter worth about $28,000. FSA Wealth Management LLC purchased a new stake in Oracle in the 3rd quarter worth approximately $28,000. Kilter Group LLC acquired a new position in Oracle in the 2nd quarter valued at $30,000. Darwin Wealth Management LLC lifted its stake in shares of Oracle by 130.0% during the 3rd quarter. Darwin Wealth Management LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after purchasing an additional 65 shares during the period. Finally, Mpwm Advisory Solutions LLC boosted its holdings in shares of Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

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.