Cannell & Spears LLC Sells 105,332 Shares of Oracle Corporation $ORCL

Key Points

• Cannell & Spears LLC sold 105,332 Oracle shares in Q3, trimming its stake 16.7% to 524,524 shares worth about $147.5 million, leaving ORCL as its fifth‑largest holding.
• Oracle beat Q3 estimates (EPS $1.79 vs. $1.71; revenue $17.19B vs. $16.91B) on strong cloud/AI demand, set Q4 FY26 EPS guidance of 1.96–2.00 and declared a $0.50 quarterly dividend.
• Market sentiment is mixed: analysts issued both upgrades and price‑target cuts (consensus “Moderate Buy,” target $268.06), while insiders sold ~72,223 shares recently and the company faces litigation risk and a roughly $500M restructuring charge.

Cannell & Spears LLC reduced its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 16.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 524,524 shares of the enterprise software provider's stock after selling 105,332 shares during the period. Oracle accounts for about 2.8% of Cannell & Spears LLC's holdings, making the stock its 5th biggest position. Cannell & Spears LLC's holdings in Oracle were worth $147,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Carter Financial Group INC. grew its holdings in Oracle by 20.4% during the 3rd quarter. Carter Financial Group INC. now owns 6,364 shares of the enterprise software provider's stock valued at $1,790,000 after buying an additional 1,080 shares during the last quarter. Circle Wealth Management LLC raised its holdings in shares of Oracle by 4.7% in the third quarter. Circle Wealth Management LLC now owns 26,305 shares of the enterprise software provider's stock worth $7,398,000 after acquiring an additional 1,183 shares during the last quarter. Community Bank N.A. lifted its position in shares of Oracle by 35.8% in the third quarter. Community Bank N.A. now owns 2,578 shares of the enterprise software provider's stock valued at $725,000 after acquiring an additional 680 shares in the last quarter. Clark Capital Management Group Inc. lifted its position in shares of Oracle by 26.0% in the third quarter. Clark Capital Management Group Inc. now owns 15,644 shares of the enterprise software provider's stock valued at $4,400,000 after acquiring an additional 3,233 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its stake in shares of Oracle by 32.4% during the third quarter. Ausdal Financial Partners Inc. now owns 16,404 shares of the enterprise software provider's stock valued at $4,613,000 after acquiring an additional 4,010 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on ORCL. Weiss Ratings downgraded shares of Oracle from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, January 23rd. The Goldman Sachs Group raised shares of Oracle to a "strong-buy" rating in a research note on Monday, January 12th. Robert W. Baird lowered their price target on shares of Oracle from $300.00 to $200.00 and set an "outperform" rating for the company in a report on Tuesday, March 10th. Stifel Nicolaus cut their price objective on shares of Oracle from $275.00 to $220.00 and set a "buy" rating for the company in a research report on Wednesday. Finally, Bank of America reduced their price objective on shares of Oracle from $368.00 to $300.00 and set a "buy" rating on the stock in a research note on Thursday, December 11th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Oracle currently has a consensus rating of "Moderate Buy" and a consensus target price of $268.06.

Oracle Stock Down 2.6%

Shares of NYSE:ORCL opened at $155.08 on Friday. The stock's 50-day moving average price is $165.74 and its two-hundred day moving average price is $217.95. The company has a current ratio of 1.35, a quick ratio of 0.91 and a debt-to-equity ratio of 3.19. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm has a market cap of $446.02 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 1.35 and a beta of 1.66.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Tuesday, March 10th. The enterprise software provider reported $1.79 EPS for the quarter, beating analysts' consensus estimates of $1.71 by $0.08. The company had revenue of $17.19 billion during the quarter, compared to the consensus estimate of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 60.00%. The company's quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.47 EPS. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Thursday, April 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $2.00 annualized dividend and a yield of 1.3%. Oracle's dividend payout ratio is 35.91%.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Q3 beat and AI/cloud traction — Oracle reported stronger‑than‑expected revenue and record cloud dollar‑adds, and raised longer‑term revenue guidance, underpinning the bull case that AI demand will sustain growth. Oracle capitalizes on AI demand with record Cloud dollar adds
• Positive Sentiment: Analyst upgrades / high conviction calls — Several firms (including JPMorgan) upgraded or reiterated bullish views after the print, and Guggenheim highlighted a potential future free‑cash‑flow “waterfall” scenario. These endorsements support further upside if execution continues. JPMorgan Chase & Co. Upgrades Oracle NYSE: ORCL to Overweight
• Neutral Sentiment: TikTok stake and strategic investments — Filings disclosed a ~$2.2B stake in the restructured TikTok US JV (15%); strategic for content/data relationships but capital‑intensive and not an immediate earnings driver. Oracle Reveals $2.2 Billion Investment In TikTok's US Business
• Neutral Sentiment: AI infrastructure narrative remains a key theme — Multiple strategy pieces argue Oracle is well‑positioned as an AI infrastructure play, but those gains are contingent on durable monetization and margin expansion. Oracle: The AI Darkhorse?
• Negative Sentiment: Rising litigation risk — Multiple law firms have filed/class notices alleging disclosure issues around data‑center capabilities and capex; ongoing suits increase legal uncertainty and could weigh on sentiment. Oracle Corporation (ORCL) Class Action Lawsuit Filed by Kessler Topaz
• Negative Sentiment: Restructuring and extra charges — The WSJ reports Oracle set aside an additional $500M for restructuring and exit costs tied to job cuts as it scales AI infrastructure, a near‑term drag on cash flow. Oracle Allocates Extra $500 Million to Cover Restructuring Costs
• Negative Sentiment: Mixed analyst positioning and price‑target cuts — While some firms raised targets, others (Baird, TD Cowen, Stifel and others) trimmed price targets citing valuation and model updates — adding to short‑term volatility. Baird Lowers PT on Oracle (ORCL)

Insider Activity at Oracle

In other Oracle news, EVP Douglas A. Kehring sold 35,000 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $194.89, for a total transaction of $6,821,150.00. Following the transaction, the executive vice president owned 33,638 shares of the company's stock, valued at $6,555,709.82. This trade represents a 50.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark Hura sold 15,000 shares of Oracle stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $196.89, for a total transaction of $2,953,350.00. Following the completion of the transaction, the insider owned 234,077 shares in the company, valued at approximately $46,087,420.53. This trade represents a 6.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 72,223 shares of company stock worth $13,689,064. 40.90% of the stock is currently owned by company insiders.

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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