Blackston Financial Advisory Group LLC Invests $223,000 in Oracle Corporation $ORCL

Blackston Financial Advisory Group LLC bought a new stake in shares of Oracle Corporation (NYSE:ORCL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,021 shares of the enterprise software provider’s stock, valued at approximately $223,000.

Other institutional investors have also bought and sold shares of the company. Iron Horse Wealth Management LLC grew 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 acquiring an additional 151 shares in the last quarter. LGT Financial Advisors LLC bought a new position in shares of Oracle during the second quarter valued at about $33,000. Legend Financial Advisors Inc. purchased a new position in Oracle during the second quarter worth about $34,000. HighMark Wealth Management LLC bought a new stake in Oracle in the 2nd quarter worth about $38,000. Finally, Graybill Wealth Management LTD. bought a new stake in Oracle in the 1st quarter worth about $39,000. Institutional investors own 42.44% of the company’s stock.

Insider Activity

In related news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the sale, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the transaction, the chief executive officer owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. This represents a 20.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ORCL. Sanford C. Bernstein boosted their target price on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. TD Cowen boosted their price objective on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Melius Research upped their price objective on Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. JMP Securities reiterated a “market outperform” rating and set a $342.00 target price on shares of Oracle in a research note on Friday, October 17th. Finally, Stephens increased their price target on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research report on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

Oracle Trading Down 1.9%

Shares of Oracle stock opened at $239.15 on Monday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The stock’s 50-day simple moving average is $279.32 and its 200 day simple moving average is $231.30. The stock has a market capitalization of $681.77 billion, a P/E ratio of 55.36, a P/E/G ratio of 2.96 and a beta of 1.51. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’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. As a group, research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. Oracle’s payout ratio is presently 46.30%.

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.