Arizona State Retirement System Lowers Stake in Oracle Corporation $ORCL

Key Points

• Arizona State Retirement System cut its stake in Oracle by 3.0% in Q4, leaving it with 479,853 shares worth about $93.53 million, or 0.5% of the fund and Oracle's 26th-largest position.
• Several large institutions massively increased positions (e.g., Jennison +2,062.4% to 9.23M shares; Vanguard holds 168.96M shares), leaving institutional ownership at about 42.44%, while insiders own ~40.90% and senior executives (including the CEO and an EVP) recently sold shares, some under a 10b5-1 plan.
• Analysts have a consensus rating of "Moderate Buy" with an average price target of $260.54; Oracle recently beat EPS estimates ($1.79 vs. $1.71), reported revenue up 21.7% YoY, and declared a $0.50 quarterly dividend (≈1.1% yield).

Arizona State Retirement System cut its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 479,853 shares of the enterprise software provider's stock after selling 14,905 shares during the quarter. Oracle comprises 0.5% of Arizona State Retirement System's portfolio, making the stock its 26th biggest position. Arizona State Retirement System's holdings in Oracle were worth $93,528,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Jennison Associates LLC increased its position in Oracle by 2,062.4% during the 3rd quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider's stock worth $2,595,072,000 after purchasing an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. raised its holdings in Oracle by 2.8% in the third quarter. Vanguard Group Inc. now owns 168,960,500 shares of the enterprise software provider's stock valued at $47,518,451,000 after buying an additional 4,681,626 shares during the period. American Century Companies Inc. lifted its position in Oracle by 333.7% during the third quarter. American Century Companies Inc. now owns 5,238,006 shares of the enterprise software provider's stock valued at $1,473,137,000 after buying an additional 4,030,382 shares in the last quarter. Amundi grew its stake in Oracle by 32.9% during the third quarter. Amundi now owns 9,636,090 shares of the enterprise software provider's stock worth $2,809,609,000 after buying an additional 2,385,556 shares during the period. Finally, SG Americas Securities LLC grew its stake in Oracle by 921.6% during the fourth quarter. SG Americas Securities LLC now owns 2,311,815 shares of the enterprise software provider's stock worth $450,596,000 after buying an additional 2,085,514 shares during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Melius Research set a $160.00 target price on shares of Oracle in a research note on Monday, February 9th. DA Davidson upped their price target on shares of Oracle from $180.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, March 11th. Monness Crespi & Hardt reissued a "hold" rating on shares of Oracle in a research report on Wednesday, March 11th. Citizens Jmp reduced their price objective on Oracle from $342.00 to $285.00 and set a "market outperform" rating on the stock in a research note on Thursday, February 5th. Finally, Sanford C. Bernstein set a $313.00 target price on Oracle in a research report on Monday, February 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $260.54.

Insider Activity

In other Oracle news, CEO Clayton M. Magouyrk sold 10,000 shares of the firm's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $155.23, for a total value of $1,552,300.00. Following the transaction, the chief executive officer owned 134,030 shares of the company's stock, valued at $20,805,476.90. This trade represents a 6.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $2,642,850.00. Following the completion of the transaction, the executive vice president owned 3,429 shares of the company's stock, valued at approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company's stock.

Oracle Trading Down 5.9%

ORCL opened at $176.51 on Friday. The stock has a market capitalization of $507.65 billion, a PE ratio of 31.69, a P/E/G ratio of 1.79 and a beta of 1.60. The firm's fifty day moving average price is $153.95 and its 200 day moving average price is $194.09. 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 12-month low of $132.00 and a 12-month high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $16.91 billion. During the same period in the previous year, the company earned $1.47 earnings per share. Oracle's quarterly revenue was up 21.7% on a year-over-year basis. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, research analysts expect that Oracle Corporation will post 6.07 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Thursday, April 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Oracle's payout ratio is 35.91%.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Expanded Google Cloud AI partnership — Oracle added the Oracle AI Database Agent for Gemini Enterprise and expanded Oracle AI Database@Google Cloud capabilities, which strengthens multi‑cloud AI workflows and makes Oracle’s databases easier to use for enterprise AI. Oracle And Google Cloud Link AI To Keep Enterprise Data On Oracle
• Positive Sentiment: Large AI/data‑center backlog narrative — coverage highlights Oracle’s positioning in AI infrastructure and cites a reported ~$550 billion backlog in AI opportunities, supporting a longer‑term growth thesis despite near‑term weakness in tech stocks. Oracle's AI Power Play: $550 Billion Backlog Defies Today's Tech Slump
• Positive Sentiment: Major financing for data‑center expansion — reports that a record ~$38 billion loan package (JPMorgan/Mitsubishi UFJ) is progressing to finance Oracle’s data‑center projects underscores committed capital for infrastructure growth. JPMorgan Chase Closing in on Record $38B Oracle Data Center Loan
• Neutral Sentiment: CFO appointment with a large equity award — Oracle named a new CFO who received a $26M equity award; it signals leadership continuity for strategy execution but has mixed optics following prior workforce changes. Oracle Appoints CFO With $26M Equity Award
• Neutral Sentiment: Insider sale reported — a director/officer sale (Stuart Levey) of 15,000 shares was reported; notable but not large enough alone to explain the move. Stuart Levey Sells 15,000 Shares of Oracle
• Negative Sentiment: Reported cancellation of a large Super Micro server order — multiple outlets say Oracle canceled a $1.1–$1.4B AI rack/server order with Super Micro, triggering worry about near‑term spend shifts and supplier disputes; that report directly pressured Oracle peers and hardware suppliers. Super Micro Computer Stock Plummets After Oracle Cancels Massive AI Server Deal
• Negative Sentiment: Analyst action — Morgan Stanley trimmed its ORCL price target and moved to an "equal weight" stance (lowered PT from $213 to $207), removing some near‑term bullish analyst momentum. Morgan Stanley Lowers Oracle Price Target
• Negative Sentiment: Sector/headline pressure and dividend timing — broader weakness in technology stocks and reports of share decline ahead of a dividend payment amplified selling pressure today. Oracle Falls More Steeply Than Broader Market

Oracle Company Profile

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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