Oracle Corporation $ORCL Shares Sold by iA Global Asset Management Inc.

Key Points

• iA Global Asset Management cut its Oracle stake by 12.1% in the fourth quarter, selling 40,067 shares and leaving it with 290,773 shares valued at about $56.7 million.
• Oracle continues to attract mostly bullish analyst and news coverage, with several firms highlighting strong backlog growth, cloud momentum, and its growing role in the AI cycle; the stock has a consensus Moderate Buy rating.
• Oracle recently beat earnings and revenue estimates, reporting $1.79 EPS on $17.19 billion in revenue, while also raising investor attention with a $0.50 quarterly dividend and a newly disclosed insider stock sale by EVP Stuart Levey.

iA Global Asset Management Inc. reduced its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 12.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 290,773 shares of the enterprise software provider's stock after selling 40,067 shares during the period. iA Global Asset Management Inc.'s holdings in Oracle were worth $56,675,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Jennison Associates LLC raised its holdings in Oracle by 2,062.4% in the third quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider's stock valued at $2,595,072,000 after acquiring an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. raised its holdings in Oracle by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider's stock valued at $34,070,674,000 after acquiring an additional 5,841,584 shares in the last quarter. American Century Companies Inc. raised its holdings in Oracle by 333.7% in 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 acquiring an additional 4,030,382 shares in the last quarter. Amundi raised its holdings in Oracle by 32.9% in the third quarter. Amundi now owns 9,636,090 shares of the enterprise software provider's stock valued at $2,809,609,000 after acquiring an additional 2,385,556 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Oracle by 921.6% in the fourth quarter. SG Americas Securities LLC now owns 2,311,815 shares of the enterprise software provider's stock valued at $450,596,000 after acquiring an additional 2,085,514 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: 24/7 Wall St. reiterated a bullish view on Oracle (ORCL), setting a 12-month price target of about $245 and pointing to strong backlog growth and accelerating cloud infrastructure economics as key upside drivers.
• Positive Sentiment: Wedbush said Oracle is building a durable position for the next phase of the AI cycle, suggesting the market may be underestimating its role in future AI demand.
• Positive Sentiment: Coverage focused on Oracle’s “AI heavyweight” status as investors increasingly view its legacy software base, cloud expansion, and AI infrastructure exposure as a major advantage. Oracle Went From Tech Dinosaur to AI Heavyweight
• Positive Sentiment: Oracle also drew attention for expanding its agentic AI push through U.S. defense partnerships, reinforcing the idea that its AI platform is gaining traction in high-value government and enterprise use cases. Oracle Expands Its Agentic AI Push Through U.S. Defense Partnerships
• Neutral Sentiment: Oracle added Cleveland Clinic CEO Tomislav Mihaljevic to its board, which may support its healthcare strategy but is unlikely to be an immediate stock-moving catalyst. Oracle adds Cleveland Clinic CEO to board of directors

Analyst Ratings Changes

Several research firms recently issued reports on ORCL. Barclays cut their price target on shares of Oracle from $310.00 to $230.00 and set an "overweight" rating on the stock in a report on Monday, March 9th. Citigroup upped their price target on shares of Oracle from $310.00 to $320.00 and gave the company a "buy" rating in a report on Thursday, March 12th. JPMorgan Chase & Co. raised shares of Oracle from a "neutral" rating to an "overweight" rating and cut their price target for the company from $230.00 to $210.00 in a report on Wednesday, March 11th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $229.00 price target on shares of Oracle in a report on Wednesday, March 11th. Finally, Monness Crespi & Hardt reaffirmed a "hold" rating on shares of Oracle in a report on Wednesday, March 11th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $261.46.

Oracle Stock Down 1.3%

ORCL stock opened at $193.13 on Friday. 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 1-year low of $134.57 and a 1-year high of $345.72. The firm has a fifty day moving average price of $162.96 and a two-hundred day moving average price of $182.92. The firm has a market cap of $555.44 billion, a price-to-earnings ratio of 34.67, a PEG ratio of 1.84 and a beta of 1.55.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results 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 net margin of 25.30% and a return on equity of 62.70%. The firm had revenue of $17.19 billion during the quarter, compared to analyst estimates of $16.91 billion. During the same quarter in the previous year, the firm earned $1.47 earnings per share. The firm's revenue for the quarter was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Research analysts predict that Oracle Corporation will post 6.08 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Oracle's dividend payout ratio is currently 35.91%.

Insider Activity at Oracle

In other news, EVP Stuart Levey sold 15,000 shares of the company's stock in a transaction dated 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 completion of the transaction, the executive vice president owned 3,429 shares in the company, valued at approximately $604,155.51. This represents a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company's stock.

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.

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