Oracle Corporation $ORCL Shares Sold by Ashton Thomas Private Wealth LLC

by · The Cerbat Gem

Ashton Thomas Private Wealth LLC trimmed its stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 26.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,844 shares of the enterprise software provider’s stock after selling 6,671 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Oracle were worth $4,120,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after acquiring an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. lifted its position in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after acquiring an additional 2,110 shares during the period. Private Wealth Asset Management LLC lifted its position in shares of Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after acquiring an additional 321 shares during the period. Cascade Investment Group Inc. acquired a new stake in shares of Oracle during the 2nd quarter valued at approximately $239,000. Finally, Lockerman Financial Group Inc. acquired a new stake in shares of Oracle during the 2nd quarter valued at approximately $328,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at $5,528,700. The trade was a 51.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 170,769 shares of company stock worth $50,297,667 in the last three months. 40.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ORCL has been the subject of several research reports. Wolfe Research lifted their price objective on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Baird R W upgraded Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Weiss Ratings downgraded Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday. Piper Sandler lifted their price objective on Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Finally, Morgan Stanley lifted their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Get Our Latest Stock Report on Oracle

Oracle Trading Down 0.7%

Shares of ORCL opened at $281.25 on Tuesday. The stock has a fifty day moving average of $275.24 and a two-hundred day moving average of $222.60. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $801.78 billion, a PE ratio of 65.10, a price-to-earnings-growth ratio of 3.04 and a beta of 1.53. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s payout ratio is 46.30%.

About Oracle

(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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