6,372 Oracle Corporation $ORCL Shares Acquired by NorthCrest Asset Manangement LLC

Key Points

• NorthCrest Asset Management increased its Oracle holdings by 3.5%, acquiring 6,372 shares to own 189,054 shares valued at approximately $25.7 million. Institutional investors and hedge funds collectively own 42.44% of Oracle.
• Oracle reported quarterly adjusted EPS of $1.92 and revenue of $19.34 billion, exceeding analyst estimates, while revenue grew 29.6% year over year. The company also declared a quarterly dividend of $0.50 per share, representing a 1.5% annualized yield.
• Oracle shares opened at $137.48 after falling 2.8%, amid concerns over AI infrastructure spending, debt requirements and uncertainty surrounding customer demand. Analyst sentiment remains a “Moderate Buy,” with an average price target of $251.72, though targets range from $110 to $275.

NorthCrest Asset Manangement LLC lifted its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 3.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 189,054 shares of the enterprise software provider's stock after acquiring an additional 6,372 shares during the period. NorthCrest Asset Manangement LLC's holdings in Oracle were worth $25,653,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Caledonia Investments PLC grew its holdings in shares of Oracle by 9.4% during the third quarter. Caledonia Investments PLC now owns 408,100 shares of the enterprise software provider's stock valued at $56,040,000 after buying an additional 35,000 shares during the last quarter. Perpetual Ltd raised its stake in Oracle by 1,178.6% in the 3rd quarter. Perpetual Ltd now owns 220,331 shares of the enterprise software provider's stock worth $30,251,000 after acquiring an additional 203,099 shares during the last quarter. Sacks & Associates LLC purchased a new position in Oracle in the 3rd quarter worth $435,000. Marquette Asset Management LLC raised its stake in Oracle by 307.5% in the 3rd quarter. Marquette Asset Management LLC now owns 599 shares of the enterprise software provider's stock worth $82,000 after acquiring an additional 452 shares during the last quarter. Finally, Gilpin Wealth Management LLC lifted its position in Oracle by 3.5% during the 3rd quarter. Gilpin Wealth Management LLC now owns 4,385 shares of the enterprise software provider's stock worth $602,000 after acquiring an additional 147 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Trading Down 2.8%

Oracle stock opened at $137.48 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.89. Oracle Corporation has a 12 month low of $114.50 and a 12 month high of $322.54. The stock's 50 day simple moving average is $146.25 and its two-hundred day simple moving average is $159.00. The firm has a market cap of $415.70 billion, a PE ratio of 21.55, a P/E/G ratio of 1.00 and a beta of 1.78.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, topping analysts' consensus estimates of $1.74 by $0.18. The business had revenue of $19.34 billion for the quarter, compared to analysts' expectations of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The business's revenue was up 29.6% on a year-over-year basis. During the same quarter last year, the company 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. Analysts anticipate that Oracle Corporation will post 6.69 earnings per share for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.5%. Oracle's dividend payout ratio is 31.35%.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Director Stephen Rusckowski reportedly purchased approximately $3.48 million of Oracle shares. The transaction may signal confidence in Oracle’s long-term prospects after the stock’s substantial retreat from its peak. Monster insider trading alert for Oracle stock
• Positive Sentiment: Commentary highlights Oracle’s reported $664 billion backlog, including major AI infrastructure commitments. Supporters argue that this contracted demand could eventually translate into significant revenue growth and make the recent selloff excessive. Contrarian bet on Oracle
• Positive Sentiment: Oracle is reportedly transporting natural gas to keep certain AI data-center projects moving while pipeline and permitting delays are addressed. The workaround could help the company meet customer commitments and avoid penalties tied to large contracts. Oracle data centers and natural gas
• Neutral Sentiment: Oracle’s AI opportunity remains tied to OpenAI and other customers’ ability to expand computing demand. Analysts and commentators are debating whether the large backlog represents durable future revenue or depends on aggressive AI spending assumptions. Oracle has $664 billion lined up
• Negative Sentiment: Reports that OpenAI’s annualized revenue is near $50 billion, potentially below earlier expectations, have raised questions about its valuation, future infrastructure needs and the economics of Oracle’s reported approximately $300 billion contract. The news has pressured Oracle alongside other AI-related stocks. Why Oracle stock is falling
• Negative Sentiment: Investors remain focused on Oracle’s substantial borrowing and capital requirements for its AI buildout. Comparisons with Broadcom have intensified concerns that debt financing, construction costs and the timing of cash generation could limit the value of the backlog. Broadcom versus Oracle AI financing

Analyst Ratings Changes

Several research firms have weighed in on ORCL. Rothschild & Co Redburn dropped their price target on Oracle from $155.00 to $110.00 and set a "sell" rating on the stock in a research note on Monday, July 20th. Barclays increased their price objective on Oracle from $250.00 to $252.00 and gave the company an "overweight" rating in a report on Friday, September 11th. Royal Bank Of Canada reduced their price objective on Oracle from $190.00 to $165.00 and set a "sector perform" rating for the company in a research note on Friday, September 11th. DA Davidson reaffirmed a "buy" rating and set a $225.00 target price on shares of Oracle in a report on Friday, September 11th. Finally, Oppenheimer reiterated an "outperform" rating and issued a $275.00 target price (up from $235.00) on shares of Oracle in a research report on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $251.72.

Insider Activity at Oracle

In other Oracle news, EVP Maria Smith sold 2,631 shares of the company's stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total value of $399,122.70. Following the completion of the transaction, the executive vice president owned 64,357 shares in the company, valued at approximately $9,762,956.90. This represents a 3.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Michael D. Sicilia sold 22,562 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the sale, the chief executive officer directly owned 182,929 shares in the company, valued at approximately $27,730,207.11. The trade was a 10.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 36,075 shares of company stock worth $5,342,123. 38.40% of the stock is owned by company insiders.

About Oracle

Oracle Corporation NYSE: ORCL is a global technology company that develops enterprise software, cloud services and related hardware. Its offerings help businesses manage databases, applications, data, infrastructure and other core information-technology operations.

The company is best known for its Oracle Database, along with cloud-based infrastructure and platform services. Oracle also provides enterprise applications for functions such as finance, human resources, supply-chain management, customer experience and industry-specific operations.

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