Retirement Solution LLC Invests $304,000 in Oracle Corporation (NYSE:ORCL)

Retirement Solution LLC has established a new stake in Oracle Corporation (NYSE:ORCL) during the fourth quarter, as revealed in their latest disclosure to the Securities and Exchange Commission (SEC). The institutional investor acquired 1,824 shares of Oracle’s stock, totaling around $304,000 in value.

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Several other institutional investors have also been active in trading Oracle shares. R Squared Ltd entered a new position in the company valued at approximately $25,000 in the fourth quarter. Winch Advisory Services LLC significantly increased its stake by 89.7% during the same period, now holding 184 shares valued at $31,000 after purchasing an additional 87 shares. Synergy Investment Management LLC also acquired a new position, worth $34,000, in Oracle during the quarter. TFC Financial Management Inc. raised its holdings in the company by 129.0%, possessing 213 shares worth $35,000 after adding 120 shares. Furthermore, Synergy Asset Management LLC invested $47,000 in a new stake in Oracle. Overall, institutional investors own about 42.44% of Oracle's stock.

Recent Analyst Ratings

Analysts have been weighing in on Oracle’s stock recently in various reports. Mizuho boosted their target price from $185.00 to $210.00 and rated the stock as "outperform" on December 10th. BNP Paribas upgraded Oracle to a "strong-buy" rating the same day. Guggenheim reaffirmed a "buy" rating, setting their price target at $220.00. Meanwhile, JMP Securities maintained a "market outperform" rating, issuing a price target of $205.00 on January 22nd. Additionally, Evercore ISI adjusted their target from $190.00 to $200.00 and labeled the stock as "outperform" on December 10th. In total, twelve analysts have rated Oracle with a hold rating, eighteen have given a buy rating, and one analyst has offered a strong buy rating. MarketBeat.com reports an average rating of "Moderate Buy" and an average price target of $182.73 for Oracle.

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Explore Our Latest Analysis on ORCL

Oracle’s Stock Performance

As of Friday, Oracle shares were trading at $155.89. The company boasts a market capitalization of $436.01 billion, with a price-to-earnings ratio of 38.11 and a price-to-earnings-growth ratio of 3.46. Oracle’s current debt-to-equity ratio stands at 5.65, with both the quick and current ratios at 0.81. The stock has a 50-day moving average of $167.63 and a 200-day moving average of $169.30. Over the past year, Oracle's shares have fluctuated between a low of $111.18 and a high of $198.31.

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Oracle (NYSE:ORCL) recently released its quarterly earnings data on December 9th. The firm reported earnings of $1.47 per share (EPS) for the quarter, falling short of the analysts' estimates of $1.48 by just $0.01. Oracle achieved a net margin of 21.16% and a remarkable return on equity of 133.25%. The company generated $14.06 billion in revenue, slightly below the anticipated $14.12 billion. Comparatively, Oracle reported earnings of $1.34 EPS for the same quarter in the previous year, demonstrating an 8.6% revenue growth year-over-year. Analysts predict that Oracle will report earnings of 5 EPS for the current fiscal year.

Quarterly Dividend Announcement

Oracle has also recently announced a quarterly dividend, distributed on January 9th. Shareholders on record as of January 23rd received a dividend of $0.40 per share. This translates to an annual dividend of $1.60, yielding 1.03%. The ex-dividend date was January 10th, and Oracle currently has a payout ratio of 39.12%.

Insider Trading Activities

In other developments, CEO Safra Catz sold 345,174 shares of Oracle's stock on January 24th for an average price of $185.56, amounting to a total of $64,050,487.44. After the sale, Catz retains ownership of 1,118,592 shares, valued at approximately $207,565,931.52. This transaction represented a decline of 23.58% in her stock holdings. The sale has been documented and filed with the SEC, which is publicly accessible. Currently, corporate insiders own about 42.20% of Oracle’s stock.

About Oracle Corporation

Oracle Corporation provides a wide array of products and services designed for global enterprise information technology environments. Its offerings in cloud software as a service include various cloud applications such as Oracle Fusion Cloud ERP, Oracle Fusion Cloud EPM, Oracle Fusion Cloud SCM, Oracle Fusion Cloud HCM, and more.

Concluding Thoughts

With a keen eye on market trends and analyst predictions, investing in Oracle presents various possibilities. The recent investment by Retirement Solution LLC, alongside interest from other institutional investors, could indicate a favorable outlook for Oracle as they continue to navigate through a competitive landscape.

Retirement, Investment, Oracle