409,531 Oracle Corporation $ORCL Shares Acquired by Fisher Asset Management LLC

Key Points

• Fisher Asset Management increased its Oracle stake by 3.1% in the third quarter, buying 409,531 shares and bringing its holdings to about 13.67 million shares, valued at $1.88 billion.
• Other institutional investors also added to their positions; institutions collectively own 42.44% of Oracle. In contrast, company insiders sold 36,075 shares worth about $5.34 million during the last quarter.
• Oracle beat quarterly earnings and revenue estimates, with revenue up 29.6% year over year. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $249.27.

Fisher Asset Management LLC raised its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 3.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,670,982 shares of the enterprise software provider's stock after buying an additional 409,531 shares during the period. Fisher Asset Management LLC owned about 0.45% of Oracle worth $1,877,026,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in ORCL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Oracle by 0.8% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,680,278 shares of the enterprise software provider's stock valued at $2,151,395,000 after acquiring an additional 123,294 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Oracle by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 13,251,059 shares of the enterprise software provider's stock worth $1,949,363,000 after purchasing an additional 384,984 shares during the last quarter. Amundi lifted its position in Oracle by 1.5% in the 2nd quarter. Amundi now owns 9,878,184 shares of the enterprise software provider's stock worth $1,447,648,000 after buying an additional 144,087 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Oracle by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,586,492 shares of the enterprise software provider's stock worth $1,262,827,000 after buying an additional 147,048 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in Oracle by 1.0% in the second quarter. First Eagle Investment Management LLC now owns 8,516,878 shares of the enterprise software provider's stock worth $1,248,148,000 after buying an additional 81,700 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Activity at Oracle

In related news, CEO Michael Sicilia sold 22,562 shares of the firm's stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total value of $3,420,173.58. Following the completion of the sale, the chief executive officer owned 182,929 shares of the company's stock, valued at $27,730,207.11. This trade represents a 10.98% 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. Also, EVP Maria Smith sold 2,631 shares of Oracle stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total transaction of $399,122.70. Following the completion of the sale, the executive vice president owned 64,357 shares in the company, valued at approximately $9,762,956.90. This trade represents a 3.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 36,075 shares of company stock worth $5,342,123 over the last quarter. 38.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ORCL shares. DA Davidson reiterated a "buy" rating and set a $225.00 price target on shares of Oracle in a research report on Friday, September 11th. CLSA assumed coverage on shares of Oracle in a report on Monday, July 20th. They set a "hold" rating and a $145.00 target price on the stock. Citigroup reissued a "market outperform" rating on shares of Oracle in a research note on Thursday, October 29th. Scotiabank restated a "sector outperform" rating and set a $205.00 price target on shares of Oracle in a research report on Thursday, October 29th. Finally, Royal Bank Of Canada reduced their price objective on Oracle from $190.00 to $165.00 and set a "sector perform" rating on the stock in a research note on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and an average target price of $249.27.

Oracle News Roundup

These are some of the ORCL news items that stood out recently:

• Positive Sentiment: HSBC framed Oracle’s pullback as an opportunity, while DBS maintained its Buy rating despite trimming its price target to $290—still implying substantial upside from recent levels. HSBC analyst article DBS price target article
• Positive Sentiment: Oracle’s contracted backlog and expected AI/cloud growth underpin bullish views. The company is also breaking ground on a $4.5 billion Nashville headquarters development, though this is a longer-term investment rather than an immediate earnings catalyst. Nashville headquarters article
• Neutral Sentiment: Technical analysis suggests ORCL could see a temporary bounce after its steep decline, but that signal does not address the underlying business and funding concerns. Reuters technical analysis

Oracle Stock Performance

Shares of NYSE:ORCL opened at $127.37 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.89. The company has a 50-day moving average price of $137.24 and a 200-day moving average price of $154.31. The company has a market cap of $385.14 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 0.90 and a beta of 1.79. Oracle Corporation has a 12 month low of $109.21 and a 12 month high of $250.25.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.74 by $0.18. The company had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%. Oracle's revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.47 EPS. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 6.71 EPS for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, October 9th. Oracle's dividend payout ratio is currently 31.35%.

Oracle Company Profile

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications. Oracle's offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.

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