Money Concepts Capital Corp Purchases 9,477 Shares of Oracle Corporation $ORCL

Money Concepts Capital Corp raised its position in Oracle Corporation (NYSE:ORCLFree Report) by 339.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,269 shares of the enterprise software provider’s stock after purchasing an additional 9,477 shares during the period. Money Concepts Capital Corp’s holdings in Oracle were worth $2,391,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of ORCL. Jennison Associates LLC increased its stake in Oracle by 2,062.4% in the third quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider’s stock valued at $2,595,072,000 after purchasing an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. increased its stake in Oracle by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider’s stock valued at $34,070,674,000 after purchasing an additional 5,841,584 shares in the last quarter. American Century Companies Inc. increased its stake in Oracle by 333.7% in the third quarter. American Century Companies Inc. now owns 5,238,006 shares of the enterprise software provider’s stock valued at $1,473,137,000 after purchasing an additional 4,030,382 shares in the last quarter. Amundi increased its stake in Oracle by 32.9% in the third quarter. Amundi now owns 9,636,090 shares of the enterprise software provider’s stock valued at $2,809,609,000 after purchasing an additional 2,385,556 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in Oracle by 921.6% in the fourth quarter. SG Americas Securities LLC now owns 2,311,815 shares of the enterprise software provider’s stock valued at $450,596,000 after purchasing an additional 2,085,514 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on ORCL. Stifel Nicolaus lowered their target price on shares of Oracle from $275.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday, March 11th. Citizens Jmp lowered their price objective on shares of Oracle from $342.00 to $285.00 and set a “market outperform” rating for the company in a research report on Thursday, February 5th. Stephens reissued an “equal weight” rating and set a $254.00 price objective on shares of Oracle in a research report on Tuesday, April 7th. Bank of America initiated coverage on shares of Oracle in a research report on Tuesday, March 24th. They set a “buy” rating and a $200.00 price objective for the company. Finally, Barclays lowered their price objective on shares of Oracle from $310.00 to $230.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $260.11.

Get Our Latest Analysis on Oracle

Oracle Stock Performance

Shares of ORCL opened at $186.81 on Wednesday. Oracle Corporation has a 12 month low of $134.57 and a 12 month high of $345.72. The firm has a fifty day simple moving average of $160.41 and a 200 day simple moving average of $184.10. The stock has a market capitalization of $537.26 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 1.85 and a beta of 1.55. 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 (NYSE:ORCLGet Free Report) last announced its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The business had revenue of $17.19 billion during the quarter, compared to analysts’ expectations of $16.91 billion. During the same quarter in the prior year, the company posted $1.47 earnings per share. The firm’s revenue was up 21.7% on a year-over-year basis. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Research analysts forecast that Oracle Corporation will post 6.08 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 9th were paid a $0.50 dividend. The ex-dividend date was Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. Oracle’s dividend payout ratio (DPR) is currently 35.91%.

Key Oracle News

Here are the key news stories impacting Oracle this week:

Insider Buying and Selling

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total value of $2,642,850.00. Following the completion of the sale, the executive vice president owned 3,429 shares in the company, valued at $604,155.51. This trade represents a 81.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by corporate insiders.

About Oracle

(Free Report)

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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