Assenagon Asset Management S.A. Has $161.46 Million Position in Oracle Corporation $ORCL

Key Points

• Assenagon Asset Management cut its Oracle stake by 52.1% in the first quarter, selling 1.19 million shares and leaving it with 1.10 million shares valued at about $161.5 million.
• Oracle reported better-than-expected quarterly results, with EPS of $2.11 versus estimates of $1.96 and revenue of $19.18 billion, up 20.6% year over year.
• Despite recent weakness in the stock, analysts remain broadly positive: Oracle has a Moderate Buy consensus rating and an average price target of $268.27.

Assenagon Asset Management S.A. cut its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 52.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,097,559 shares of the enterprise software provider's stock after selling 1,193,499 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Oracle were worth $161,462,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ORCL. Vanguard Group Inc. boosted its holdings in Oracle by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider's stock worth $34,070,674,000 after purchasing an additional 5,841,584 shares during the last quarter. State Street Corp increased its stake in Oracle by 4.4% in the 4th quarter. State Street Corp now owns 76,527,759 shares of the enterprise software provider's stock valued at $14,916,026,000 after buying an additional 3,216,915 shares during the last quarter. Geode Capital Management LLC increased its stake in Oracle by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 37,734,944 shares of the enterprise software provider's stock valued at $7,328,754,000 after buying an additional 665,374 shares during the last quarter. Capital Research Global Investors lifted its position in Oracle by 29.3% during the 4th quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider's stock worth $5,874,070,000 after buying an additional 6,826,299 shares in the last quarter. Finally, Morgan Stanley lifted its position in Oracle by 1.9% during the 4th quarter. Morgan Stanley now owns 27,125,099 shares of the enterprise software provider's stock worth $5,286,953,000 after buying an additional 495,146 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In related news, EVP Stuart Levey sold 15,000 shares of the business's 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 transaction, the executive vice president directly owned 3,429 shares of the company's stock, valued at approximately $604,155.51. The trade was a 81.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company's stock.

Analyst Ratings Changes

ORCL has been the subject of several analyst reports. Wolfe Research restated an "outperform" rating and issued a $225.00 price objective on shares of Oracle in a report on Thursday, June 11th. Guggenheim reiterated a "buy" rating and set a $400.00 target price on shares of Oracle in a report on Thursday, June 11th. Arete Research set a $255.00 price target on Oracle and gave the company a "buy" rating in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft decreased their price target on Oracle from $375.00 to $300.00 and set a "buy" rating for the company in a research note on Monday, March 9th. Finally, Piper Sandler boosted their price target on Oracle from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $268.27.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle is still being viewed by some analysts as a major AI infrastructure winner, with commentary pointing to a massive AI backlog that could convert into revenue over the next several years. Oracle's Sell-Off Looks More Like a Mispricing Than a Warning
• Positive Sentiment: Oracle Health announced an AI collaboration with Theator to extend AI into operating rooms, which could support future growth in healthcare workflows, documentation, and billing automation. Oracle Health Extends AI into the Operating Room in Collaboration with Theator
• Neutral Sentiment: Several bullish articles argue Oracle’s recent sell-off may be overdone and that the stock could rebound if backlog conversion and cloud growth continue to improve investor confidence. Oracle's Sell-Off Looks More Like a Mispricing Than a Warning
• Neutral Sentiment: Oracle’s annual filing and follow-up coverage confirmed the workforce reductions were tied to broader AI adoption, but the company framed them as part of a restructuring effort rather than a sign of operational distress. Oracle Sheds 21,000 Jobs as It Continues AI-Focused Streamlining
• Negative Sentiment: Investors are worried that Oracle’s AI spending is being funded with more debt and that preferred stock conversions or ATM share issuance could dilute shareholders and weigh on the stock price. Oracle Analyst Warns: Preferred Stock Conversions and ATM Issuances May Dilute Shareholders and Pressure Stock Price
• Negative Sentiment: Broader tech weakness and an AI sector pullback are also adding to ORCL’s decline, as investors reassess high-spending AI names. Sector Update: Tech Stocks Fall Late Afternoon

Oracle Trading Down 4.7%

Shares of NYSE:ORCL opened at $157.38 on Thursday. 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 $453.34 billion, a P/E ratio of 27.00, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. The company has a 50-day simple moving average of $190.16 and a 200 day simple moving average of $176.34. The company has a debt-to-equity ratio of 3.21, a quick ratio of 1.35 and a current ratio of 1.12.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, topping analysts' consensus estimates of $1.96 by $0.15. The business had revenue of $19.18 billion during the quarter, compared to analysts' expectations of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.Oracle's quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the company posted $1.70 earnings per share. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. Sell-side analysts forecast that Oracle Corporation will post 6.45 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, July 10th. Oracle's payout ratio is currently 34.31%.

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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