Town & Country Bank & Trust CO dba First Bankers Trust CO Cuts Stock Position in Oracle Corporation $ORCL

Town & Country Bank & Trust CO dba First Bankers Trust CO trimmed its stake in shares of Oracle Corporation (NYSE:ORCLFree Report) by 30.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 10,917 shares of the enterprise software provider’s stock after selling 4,836 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Oracle were worth $2,128,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ORCL. Vanguard Group Inc. boosted its holdings in Oracle by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 168,960,500 shares of the enterprise software provider’s stock worth $47,518,451,000 after buying an additional 4,681,626 shares during the last quarter. State Street Corp raised its holdings in shares of Oracle by 1.7% during the second quarter. State Street Corp now owns 73,459,391 shares of the enterprise software provider’s stock valued at $16,060,427,000 after acquiring an additional 1,252,723 shares during the last quarter. Capital Research Global Investors lifted its position in shares of Oracle by 1.2% in the third quarter. Capital Research Global Investors now owns 23,310,827 shares of the enterprise software provider’s stock valued at $6,555,961,000 after acquiring an additional 266,588 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Oracle by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 11,938,457 shares of the enterprise software provider’s stock worth $3,357,572,000 after acquiring an additional 98,693 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of Oracle by 3.4% during the third quarter. Legal & General Group Plc now owns 11,696,752 shares of the enterprise software provider’s stock worth $3,289,595,000 after purchasing an additional 381,572 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other Oracle news, CEO Clayton M. Magouyrk sold 10,000 shares of Oracle stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $155.23, for a total transaction of $1,552,300.00. Following the completion of the sale, the chief executive officer directly owned 134,030 shares in the company, valued at $20,805,476.90. This trade represents a 6.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Douglas A. Kehring sold 35,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $194.89, for a total transaction of $6,821,150.00. Following the completion of the transaction, the executive vice president owned 33,638 shares in the company, valued at approximately $6,555,709.82. This represents a 50.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 40.90% of the stock is currently owned by company insiders.

More Oracle News

Here are the key news stories impacting Oracle this week:

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of research reports. Guggenheim restated a “buy” rating and issued a $400.00 price objective on shares of Oracle in a report on Friday, March 13th. Weiss Ratings cut shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 23rd. Citizens Jmp decreased their price target on shares of Oracle from $342.00 to $285.00 and set a “market outperform” rating on the stock in a research note on Thursday, February 5th. Jefferies Financial Group lowered their price target on shares of Oracle from $400.00 to $320.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Finally, Mizuho dropped their price objective on shares of Oracle from $400.00 to $320.00 and set an “outperform” rating for the company in a research note on Monday, March 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $262.91.

Get Our Latest Report on ORCL

Oracle Trading Down 0.0%

Shares of ORCL stock opened at $146.31 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.66. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company’s 50-day moving average price is $153.19 and its 200-day moving average price is $206.57. The stock has a market cap of $420.79 billion, a price-to-earnings ratio of 26.27, a PEG ratio of 1.40 and a beta of 1.60.

Oracle (NYSE:ORCLGet Free Report) last issued its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company had revenue of $17.19 billion for the quarter, compared to the consensus estimate of $16.91 billion. During the same period in the previous year, the firm earned $1.47 earnings per share. Oracle’s quarterly revenue was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Thursday, April 9th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.4%. Oracle’s dividend payout ratio is currently 35.91%.

About Oracle

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Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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