Triumph Capital Management Sells 490 Shares of Oracle Corporation $ORCL

by · The Cerbat Gem

Triumph Capital Management trimmed its stake in Oracle Corporation (NYSE:ORCL – Free Report) by 19.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,996 shares of the enterprise software provider’s stock after selling 490 shares during the period. Triumph Capital Management’s holdings in Oracle were worth $436,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle in the 1st quarter worth $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle in the 1st quarter worth $28,000. Iron Horse Wealth Management LLC increased its stake in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares in the last quarter. Sunbeam Capital Management LLC purchased a new stake in shares of Oracle in the 4th quarter worth $30,000. Finally, Mpwm Advisory Solutions LLC purchased a new stake in Oracle in the 4th quarter worth $36,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Up 1.5%

ORCL opened at $306.80 on Wednesday. The firm has a 50-day simple moving average of $247.52 and a two-hundred day simple moving average of $192.43. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a market capitalization of $871.84 billion, a PE ratio of 71.02, a price-to-earnings-growth ratio of 3.26 and a beta of 1.46. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL – Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the company earned $1.39 EPS. The firm’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. Analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insider Transactions at Oracle

In related news, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares of the company’s stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 15,880 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $254.48, for a total transaction of $4,041,142.40. Following the completion of the transaction, the insider directly owned 99,212 shares of the company’s stock, valued at approximately $25,247,469.76. The trade was a 13.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 61,924 shares of company stock worth $16,971,612 in the last quarter. Company insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Citigroup reiterated an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Stifel Nicolaus increased their price target on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Roth Capital reiterated a “hold” rating on shares of Oracle in a research note on Wednesday, June 18th. Morgan Stanley increased their price target on Oracle from $175.00 to $246.00 and gave the stock an “equal weight” rating in a research note on Monday, September 8th. Finally, UBS Group set a $300.00 price target on Oracle in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and a consensus price target of $303.44.

Get Our Latest Research Report on ORCL

Oracle Company Profile

(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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