Prospera Financial Services Inc Buys 11,159 Shares of Oracle Corporation $ORCL

Prospera Financial Services Inc boosted its stake in shares of Oracle Corporation (NYSE:ORCLFree Report) by 15.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,305 shares of the enterprise software provider’s stock after purchasing an additional 11,159 shares during the quarter. Prospera Financial Services Inc’s holdings in Oracle were worth $16,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in ORCL. HFM Investment Advisors LLC boosted its position in Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after purchasing an additional 96 shares in the last quarter. FSA Wealth Management LLC bought a new stake in Oracle during the third quarter valued at about $28,000. Joseph Group Capital Management bought a new stake in Oracle during the fourth quarter valued at about $29,000. Investors Research Corp boosted its position in Oracle by 465.5% during the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock valued at $32,000 after purchasing an additional 135 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC boosted its position in Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Trading Up 1.2%

Oracle stock opened at $192.13 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66. Oracle Corporation has a 52 week low of $134.57 and a 52 week high of $345.72. The company has a market capitalization of $552.58 billion, a price-to-earnings ratio of 34.49, a price-to-earnings-growth ratio of 1.83 and a beta of 1.55. The stock has a 50-day moving average price of $166.27 and a 200 day moving average price of $179.99.

Oracle (NYSE:ORCLGet Free Report) last released 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 return on equity of 62.70% and a net margin of 25.30%.The firm had revenue of $17.19 billion during the quarter, compared to the consensus estimate of $16.91 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The company’s 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. Sell-side analysts anticipate that Oracle Corporation will post 6.08 EPS for the current year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, April 9th. Oracle’s dividend payout ratio (DPR) is currently 35.91%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ORCL. Barclays dropped their price objective on Oracle from $310.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, March 9th. Cantor Fitzgerald reissued an “overweight” rating and issued a $229.00 price target on shares of Oracle in a report on Wednesday, March 11th. Bank of America initiated coverage on Oracle in a report on Tuesday, March 24th. They issued a “buy” rating and a $200.00 price target for the company. Monness Crespi & Hardt reissued a “hold” rating on shares of Oracle in a report on Wednesday, March 11th. Finally, Jefferies Financial Group lowered their price target on Oracle from $400.00 to $320.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $261.46.

View Our Latest Report on ORCL

Insiders Place Their Bets

In related news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the transaction, the executive vice president directly owned 3,429 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company’s stock.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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