Erste Asset Management GmbH Sells 68,864 Shares of Oracle Corporation $ORCL

Key Points

• Erste Asset Management GmbH cut its Oracle stake by 17.5% in the fourth quarter, selling 68,864 shares and leaving it with 323,799 shares valued at about $63.8 million.
• Oracle continues to draw attention for its cloud and AI infrastructure growth, with commentary highlighting strong demand, a large backlog, and bullish analyst expectations despite some execution concerns.
• Analysts remain generally positive on ORCL: BTIG reiterated a buy rating with a $400 price target, while the stock’s consensus rating is Moderate Buy with a target of $269.71.

Erste Asset Management GmbH reduced its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 17.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 323,799 shares of the enterprise software provider's stock after selling 68,864 shares during the quarter. Erste Asset Management GmbH's holdings in Oracle were worth $63,780,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. CenterBook Partners LP bought a new stake in shares of Oracle in the 4th quarter worth approximately $1,510,000. Manchester Capital Management LLC raised its stake in Oracle by 0.3% during the 4th quarter. Manchester Capital Management LLC now owns 36,230 shares of the enterprise software provider's stock valued at $7,062,000 after buying an additional 125 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Oracle during the 4th quarter valued at $85,000. IMA Advisory Services Inc. raised its stake in Oracle by 15.3% during the 4th quarter. IMA Advisory Services Inc. now owns 1,246 shares of the enterprise software provider's stock valued at $243,000 after buying an additional 165 shares during the last quarter. Finally, Krane Funds Advisors LLC raised its stake in Oracle by 24.9% during the 4th quarter. Krane Funds Advisors LLC now owns 9,920 shares of the enterprise software provider's stock valued at $1,934,000 after buying an additional 1,977 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle still has strong momentum in cloud and AI infrastructure, with recent articles highlighting robust demand, a very large backlog, and bullish analyst targets that imply significant upside if execution stays on track. Article Title
• Positive Sentiment: BTIG reaffirmed a buy rating and set a $400 price target, signaling confidence that Oracle can continue benefiting from AI demand and cloud growth. Article Title
• Positive Sentiment: Oracle’s recent Q3 revenue growth of about 22% year over year supports the view that the company is still expanding quickly despite the pullback in the shares. Article Title
• Neutral Sentiment: Oracle has several articles pointing to the upcoming fiscal Q4 report as a key catalyst, with investors watching revenue, cloud growth, remaining performance obligations, and guidance for signs of whether the AI buildout is paying off. Article Title
• Neutral Sentiment: Oracle remains a heavily discussed AI beneficiary, but some commentary frames the stock as having already rallied sharply this year, which may leave the setup vulnerable to profit-taking before results. Article Title
• Negative Sentiment: RBC Capital Markets said Oracle faces questions about the pace of its AI data center buildout and whether it can overcome capacity constraints, reinforcing concerns that growth could be limited by execution. Article Title
• Negative Sentiment: Investors are also worried about the scale of Oracle’s AI spending, with reports suggesting capex could rise dramatically and potentially pressure free cash flow, leverage, and the company’s credit profile. Article Title
• Negative Sentiment: Recent coverage also notes broader tech-sector weakness and insider selling, adding to the cautious tone around ORCL heading into earnings. Article Title

Insiders Place Their Bets

In related news, EVP Stuart Levey sold 15,000 shares of the company's stock in a transaction 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. This represents a 81.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. DA Davidson boosted their target price on shares of Oracle from $180.00 to $200.00 and gave the company a "buy" rating in a research note on Wednesday, March 11th. BTIG Research reiterated a "buy" rating and set a $400.00 target price on shares of Oracle in a research note on Friday. Oppenheimer upped their price objective on Oracle from $210.00 to $235.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 12th. Melius Research set a $160.00 price objective on Oracle in a research note on Monday, February 9th. Finally, JPMorgan Chase & Co. upgraded Oracle from a "neutral" rating to an "overweight" rating and reduced their price objective for the stock from $230.00 to $210.00 in a research note on Wednesday, March 11th. Three analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $269.71.

Oracle Trading Down 0.1%

Shares of Oracle stock opened at $213.41 on Monday. The company has a market capitalization of $613.78 billion, a P/E ratio of 38.31, a P/E/G ratio of 2.01 and a beta of 1.65. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35. The company has a fifty day moving average of $179.23 and a 200 day moving average of $178.26. Oracle Corporation has a fifty-two week low of $134.57 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping the consensus estimate 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 62.70%. Oracle's quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.47 EPS. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, sell-side analysts anticipate that Oracle Corporation will post 6.08 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 annualized dividend and a yield of 0.9%. Oracle's dividend payout ratio is currently 35.91%.

Oracle 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.