Oracle Corporation $ORCL Shares Sold by Keybank National Association OH

Key Points

• KeyBank National Association OH cut its Oracle stake by 4% in the third quarter, selling 48,628 shares; it retained 1,164,817 shares valued at about $159.9 million.
• Oracle reported quarterly earnings of $1.92 per share, topping the $1.74 analyst consensus, while revenue rose 29.6% year over year to $19.34 billion.
• Insider activity was mixed: CEO Michael Sicilia sold 22,562 shares under a pre-arranged trading plan, while Director Stephen Rusckowski bought 25,000 shares.

Keybank National Association OH decreased its position in Oracle Corporation (NYSE:ORCL - Free Report) by 4.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,164,817 shares of the enterprise software provider's stock after selling 48,628 shares during the period. Keybank National Association OH's holdings in Oracle were worth $159,929,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Triton Wealth Management PLLC grew its stake in shares of Oracle by 70.3% in the third quarter. Triton Wealth Management PLLC now owns 10,557 shares of the enterprise software provider's stock worth $1,326,000 after purchasing an additional 4,358 shares during the last quarter. Csenge Advisory Group increased its holdings in Oracle by 4.9% during the 3rd quarter. Csenge Advisory Group now owns 6,254 shares of the enterprise software provider's stock valued at $859,000 after purchasing an additional 292 shares during the period. New York Life Investment Management LLC increased its holdings in Oracle by 1.6% during the 3rd quarter. New York Life Investment Management LLC now owns 240,938 shares of the enterprise software provider's stock valued at $33,081,000 after purchasing an additional 3,814 shares during the period. Cpwa LLC raised its position in Oracle by 132.7% during the 3rd quarter. Cpwa LLC now owns 4,780 shares of the enterprise software provider's stock valued at $657,000 after purchasing an additional 2,726 shares during the last quarter. Finally, Torrey Growth & Income Advisors raised its position in Oracle by 9.4% during the 3rd quarter. Torrey Growth & Income Advisors now owns 58,400 shares of the enterprise software provider's stock valued at $8,019,000 after purchasing an additional 5,000 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Buying and Selling

In other Oracle news, CEO Michael D. Sicilia sold 22,562 shares of the firm's stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the completion of the transaction, the chief executive officer owned 182,929 shares of the company's stock, valued at approximately $27,730,207.11. This trade represents a 10.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen H. Rusckowski bought 25,000 shares of the stock in a transaction dated Tuesday, September 29th. The shares were acquired at an average price of $139.35 per share, with a total value of $3,483,750.00. Following the completion of the acquisition, the director directly owned 25,390 shares of the company's stock, valued at approximately $3,538,096.50. The trade was a 6,410.26% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 36,075 shares of company stock valued at $5,342,123 over the last quarter. Corporate insiders own 38.40% of the company's stock.

Oracle Stock Performance

Shares of Oracle stock opened at $117.87 on Wednesday. Oracle Corporation has a 12 month low of $109.21 and a 12 month high of $250.25. The firm has a market capitalization of $356.42 billion, a P/E ratio of 18.48, a P/E/G ratio of 0.84 and a beta of 1.79. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.89. The business has a fifty day simple moving average of $137.85 and a two-hundred day simple moving average of $154.83.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $0.18. The firm had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The company's revenue was up 29.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.47 EPS. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. On average, equities analysts forecast that Oracle Corporation will post 6.71 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, October 9th. This represents a $2.00 annualized dividend and a yield of 1.7%. Oracle's payout ratio is presently 31.35%.

Analyst Ratings Changes

Several equities research analysts have weighed in on ORCL shares. DZ Bank reiterated a "buy" rating on shares of Oracle in a report on Thursday, September 17th. Yorkville Ives assumed coverage on Oracle in a research note on Wednesday, October 7th. They set an "in-line" rating and a $155.00 target price on the stock. CLSA started coverage on Oracle in a research note on Monday, July 20th. They set a "hold" rating and a $145.00 target price on the stock. Scotiabank restated a "sector outperform" rating and set a $205.00 target price on shares of Oracle in a report on Thursday, October 29th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a $290.00 price target (down from $320.00) on shares of Oracle in a research note on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $249.27.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle broke ground on its future Nashville global headquarters, a long-term investment intended to support growth in cloud, AI and healthcare and create thousands of jobs. Oracle Nashville headquarters announcement
• Positive Sentiment: The company launched AI-assisted treasury and customer analytics applications for financial institutions, adding to its cloud and AI product offerings. Oracle financial analytics announcement
• Neutral Sentiment: Oracle says renewed rentals of older GPUs were priced at a premium, suggesting some continued demand for its existing AI capacity; however, this does not offset uncertainty around specific customer contracts. Report on GPU renewals and Microsoft
• Negative Sentiment: Reports said Oracle lost an estimated $7 billion Tencent chip-leasing deal and that Microsoft is winding down an AI-computing arrangement, reportedly because Oracle’s older Nvidia chips no longer meet Microsoft’s requirements. These developments raise questions about infrastructure demand and Oracle’s ability to secure customers for its planned capacity. Report on Tencent and Microsoft contracts
• Negative Sentiment: Commentary highlighted concentration and financing risks: Oracle’s AI backlog is said to rely heavily on OpenAI, while its aggressive data-center spending increases exposure to debt, project execution and potential AI-market setbacks. Analysis of Oracle's balance sheet and AI contracts

Oracle Company Profile

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications. Oracle's offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.

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