Balefire LLC Increases Stock Position in Oracle Corporation $ORCL

by · The Cerbat Gem

Balefire LLC lifted its position in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 14.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,368 shares of the enterprise software provider’s stock after purchasing an additional 2,103 shares during the period. Oracle accounts for about 0.8% of Balefire LLC’s holdings, making the stock its 26th biggest position. Balefire LLC’s holdings in Oracle were worth $3,579,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. lifted its holdings in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares during the period. Davis Investment Partners LLC raised its stake in shares of Oracle by 0.7% during the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after purchasing an additional 46 shares during the period. Greenfield Savings Bank boosted its holdings in shares of Oracle by 0.6% in the 2nd quarter. Greenfield Savings Bank now owns 9,117 shares of the enterprise software provider’s stock worth $1,993,000 after buying an additional 53 shares during the last quarter. Clarkston Capital Partners LLC grew its position in Oracle by 1.1% during the first quarter. Clarkston Capital Partners LLC now owns 6,290 shares of the enterprise software provider’s stock valued at $879,000 after buying an additional 68 shares during the period. Finally, Tacita Capital Inc grew its position in Oracle by 6.0% during the first quarter. Tacita Capital Inc now owns 1,245 shares of the enterprise software provider’s stock valued at $174,000 after buying an additional 70 shares during the period. 42.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ORCL shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Oracle in a research note on Thursday, September 11th. Cantor Fitzgerald upped their price objective on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Guggenheim increased their price objective on Oracle from $250.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. BMO Capital Markets set a $345.00 target price on Oracle in a research note on Wednesday, September 10th. Finally, CIBC reiterated a “buy” rating on shares of Oracle in a research note on Monday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $303.44.

Get Our Latest Stock Analysis on Oracle

Oracle Stock Up 1.5%

ORCL stock opened at $306.80 on Wednesday. The stock 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 twelve month low of $118.86 and a twelve month high of $345.72. The firm has a market capitalization of $871.84 billion, a PE ratio of 71.02, a PEG 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 analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders 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 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio is presently 46.30%.

Insider Buying and Selling

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of Oracle 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 sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 61,924 shares of company stock valued at $16,971,612 in the last ninety days. 42.20% of the stock is owned by insiders.

Oracle 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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