Oracle Corporation $ORCL Shares Bought by Strs Ohio

Key Points

• Strs Ohio increased its Oracle stake by 2.2% in the first quarter, ending with 632,030 shares valued at about $93 million.
• Several Oracle insiders sold shares, including EVP Stuart Levey and Vice Chairman Jeffrey Henley, with Henley’s sale totaling about $63.7 million under a pre-arranged trading plan.
• Analysts remain generally constructive on Oracle, with a Moderate Buy consensus and a target price of $268.27, even as the stock has faced pressure from AI spending concerns and recent weakness.

Strs Ohio boosted its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 2.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 632,030 shares of the enterprise software provider's stock after buying an additional 13,768 shares during the period. Strs Ohio's holdings in Oracle were worth $92,978,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ORCL. FSA Wealth Management LLC purchased a new stake in shares of Oracle during the third quarter worth approximately $28,000. Mpwm Advisory Solutions LLC lifted its holdings in Oracle by 76.9% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider's stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in Oracle in the 3rd quarter valued at $35,000. HFM Investment Advisors LLC boosted its stake in Oracle by 290.9% during the 4th quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider's stock worth $25,000 after purchasing an additional 96 shares during the last quarter. Finally, Basepoint Wealth LLC acquired a new stake in Oracle during the 4th quarter worth $26,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Buying and Selling

In other news, 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 transaction of $2,642,850.00. Following the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Vice Chairman Jeffrey Henley sold 400,000 shares of Oracle stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the sale, the insider directly owned 400,000 shares in the company, valued at approximately $63,664,000. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by company insiders.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: William Blair added Oracle to its Conviction List, and several analysts remain constructive on the company’s AI cloud growth outlook, seeing recent weakness as a potential buying opportunity. Oracle (ORCL) Stock Gains Momentum After Inclusion on William Blair’s Conviction List
• Positive Sentiment: Mizuho named Oracle one of its top July stock picks, while other research notes reportedly raised earnings estimates and reiterated bullish ratings, signaling continued Wall Street support. Mizuho Unveils July’s Premier Stock Selections: Robinhood (HOOD), Micron (MU), and Oracle (ORCL) Lead the Pack
• Positive Sentiment: Oracle launched Oracle Manager Edge, an AI-powered coaching assistant for Fusion Cloud HCM, showing continued product expansion in AI software. Is Oracle (ORCL) One of the Cheap Stocks That Are About to Explode?
• Neutral Sentiment: Crusoe, an AI data-center partner to Oracle, is reportedly seeking a large funding round, which reinforces demand for AI infrastructure but does not directly change Oracle’s fundamentals. Crusoe in Talks to Raise $3 Billion in Round That May Triple Firm’s Value
• Negative Sentiment: Recent reports say Oracle is facing renewed AI-bubble worries and is explicitly weighing the profitability risks of its AI data-center buildout in regulatory filings. Oracle mulls AI data center-related risks, profitability in filing
• Negative Sentiment: Oracle shares have been sliding for multiple sessions, with market commentary pointing to concerns that heavy AI spending and OpenAI-related exposure may not pay off quickly enough. Oracle Stock (ORCL) Falls Again Today on Renewed AI Bubble Fears

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ORCL shares. Piper Sandler increased their target price on shares of Oracle from $210.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, June 11th. Wedbush lowered their price target on shares of Oracle from $275.00 to $240.00 and set an "outperform" rating on the stock in a research report on Thursday, June 11th. Citigroup reaffirmed a "market outperform" rating on shares of Oracle in a research note on Thursday, June 11th. JPMorgan Chase & Co. upgraded shares of Oracle from a "neutral" rating to an "overweight" rating and cut their price objective for the company from $230.00 to $210.00 in a report on Wednesday, March 11th. Finally, Bank of America raised their target price on shares of Oracle from $200.00 to $240.00 and gave the stock a "buy" rating in a research note on Tuesday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and a consensus target price of $268.27.

Oracle Stock Down 1.6%

NYSE ORCL opened at $140.27 on Friday. The business's fifty day simple moving average is $186.86 and its 200-day simple moving average is $173.58. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.21. The firm has a market cap of $404.04 billion, a PE ratio of 24.06, a P/E/G ratio of 0.89 and a beta of 1.72. Oracle Corporation has a 52 week low of $134.57 and a 52 week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The firm had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. Oracle's quarterly revenue was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 6.46 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. Oracle's dividend payout ratio is 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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