FSA Advisors Inc. Purchases 26,015 Shares of Oracle Corporation $ORCL

FSA Advisors Inc. raised its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 787.1% in the fourth quarter, Holdings Channel reports. The firm owned 29,320 shares of the enterprise software provider’s stock after acquiring an additional 26,015 shares during the quarter. Oracle accounts for 1.0% of FSA Advisors Inc.’s holdings, making the stock its 24th biggest holding. FSA Advisors Inc.’s holdings in Oracle were worth $5,715,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Meeder Advisory Services Inc. grew its stake in shares of Oracle by 8.4% in the third quarter. Meeder Advisory Services Inc. now owns 40,946 shares of the enterprise software provider’s stock worth $11,516,000 after acquiring an additional 3,184 shares during the period. Decker Retirement Planning Inc. bought a new stake in shares of Oracle in the third quarter worth approximately $689,000. Xponance Inc. grew its stake in shares of Oracle by 1.8% in the third quarter. Xponance Inc. now owns 406,544 shares of the enterprise software provider’s stock worth $114,336,000 after acquiring an additional 7,320 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Oracle by 62.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 483,000 shares of the enterprise software provider’s stock worth $135,839,000 after acquiring an additional 184,996 shares during the period. Finally, Stonegate Investment Group LLC boosted its holdings in shares of Oracle by 3.2% in the third quarter. Stonegate Investment Group LLC now owns 99,400 shares of the enterprise software provider’s stock worth $27,955,000 after buying an additional 3,065 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

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Insider Activity at Oracle

In other news, CEO Clayton M. Magouyrk sold 10,000 shares of Oracle stock in a transaction that occurred on 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 sale, the chief executive officer 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the sale, the executive vice president owned 3,429 shares in the company, valued at approximately $604,155.51. The trade was a 81.39% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Scotiabank dropped their price objective on shares of Oracle from $220.00 to $215.00 and set a “sector outperform” rating on the stock in a report on Monday, March 9th. DA Davidson raised their price objective on shares of Oracle from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. The Goldman Sachs Group raised shares of Oracle to a “strong-buy” rating in a report on Monday, January 12th. Mizuho dropped their price objective on shares of Oracle from $400.00 to $320.00 and set an “outperform” rating on the stock in a report on Monday, March 16th. Finally, Wedbush assumed coverage on shares of Oracle in a report on Friday, April 24th. They issued an “outperform” rating and a $225.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, nine have assigned a Hold rating and one has given a Sell 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 $259.56.

Check Out Our Latest Analysis on Oracle

Oracle Price Performance

Shares of NYSE:ORCL opened at $172.12 on Monday. The company has a market capitalization of $495.02 billion, a P/E ratio of 30.90, a P/E/G ratio of 1.64 and a beta of 1.55. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. Oracle Corporation has a 1-year low of $134.57 and a 1-year high of $345.72. The firm’s 50 day simple moving average is $154.96 and its two-hundred day simple moving average is $188.20.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings data on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.08. The firm had revenue of $17.19 billion for the quarter, compared to analysts’ expectations of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Research analysts expect that Oracle Corporation will post 6.08 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.2%. Oracle’s dividend payout ratio (DPR) is presently 35.91%.

Oracle Profile

(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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