Oracle Corporation $ORCL Shares Sold by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. reduced its Oracle stake by 43.6% in the third quarter, selling 219,417 shares and retaining 283,433 shares valued at approximately $38.9 million.
• Oracle reported quarterly earnings of $1.92 per share and $19.34 billion in revenue, exceeding analyst expectations, while revenue increased 29.6% year over year.
• Oracle shares opened at $135.35 after declining 5.7%; despite the weakness, analysts maintain a “Moderate Buy” consensus with an average price target of $251.72, and the company declared a quarterly dividend of $0.50 per share.

Mn Services Vermogensbeheer B.V. lessened its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 43.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 283,433 shares of the enterprise software provider's stock after selling 219,417 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Oracle were worth $38,915,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Oracle in the second quarter valued at $625,454,000. Edmond DE Rothschild Holding S.A. grew its holdings in shares of Oracle by 8.7% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 79,008 shares of the enterprise software provider's stock worth $11,579,000 after acquiring an additional 6,296 shares during the last quarter. Valeo Financial Advisors LLC raised its position in shares of Oracle by 4.6% during the second quarter. Valeo Financial Advisors LLC now owns 80,686 shares of the enterprise software provider's stock worth $11,825,000 after purchasing an additional 3,584 shares during the period. Elevation Point Wealth Partners LLC lifted its holdings in shares of Oracle by 37.9% during the first quarter. Elevation Point Wealth Partners LLC now owns 43,004 shares of the enterprise software provider's stock valued at $6,326,000 after purchasing an additional 11,820 shares during the last quarter. Finally, Rayburn West Financial Services LLC purchased a new stake in shares of Oracle during the second quarter valued at $5,487,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle received support from Mizuho, which added the company to its top-picks list and assigned a $320 price target, citing strong demand for Oracle Cloud Infrastructure and AI services. Oracle and these 6 stocks are newest addition to Mizuho Top Picks list
• Positive Sentiment: Oracle signed a virtual power purchase agreement with Scout Clean Energy for most of the output from a 300-megawatt Texas wind farm. The agreement supports Oracle’s plan to invest in more than 1.7 gigawatts of renewable energy in Texas and may improve the long-term power profile of its data-center expansion. Oracle taps Scout Clean for wind power in Texas
• Positive Sentiment: Director Stephen Rusckowski reportedly purchased $3.5 million of Oracle shares, a modest confidence signal amid heightened volatility. Oracle Insider Buys $3.5 Million in Stock Amid OpenAI Swings

Insider Activity

In other news, EVP Maria Smith sold 2,631 shares of Oracle stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total value of $399,122.70. Following the transaction, the executive vice president directly owned 64,357 shares in the company, valued at approximately $9,762,956.90. The trade was a 3.93% 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, Director Stephen Rusckowski acquired 25,000 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The shares were acquired at an average cost of $139.35 per share, with a total value of $3,483,750.00. Following the transaction, the director directly owned 25,390 shares in the company, valued at $3,538,096.50. The trade was a 6,410.26% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have sold 36,075 shares of company stock valued at $5,342,123. 38.40% of the stock is owned by insiders.

Oracle Trading Down 5.7%

NYSE:ORCL opened at $135.35 on Friday. Oracle Corporation has a 12 month low of $114.50 and a 12 month high of $322.54. The firm has a market cap of $409.25 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 1.02 and a beta of 1.78. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.89. The company's 50 day moving average is $146.12 and its 200-day moving average is $159.15.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $19.34 billion during the quarter, compared to analysts' expectations of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. Oracle's revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.47 earnings per share. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. Equities analysts anticipate that Oracle Corporation will post 6.69 EPS for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, October 9th. Oracle's dividend payout ratio is 31.35%.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of analyst reports. UBS Group lifted their price target on Oracle from $245.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday, September 11th. Morgan Stanley raised their target price on shares of Oracle from $207.00 to $210.00 and gave the stock an "equal weight" rating in a report on Friday, September 4th. Guggenheim restated a "buy" rating and issued a $400.00 price target (up from $375.00) on shares of Oracle in a research report on Tuesday, September 8th. Phillip Securities decreased their price objective on shares of Oracle from $275.00 to $237.00 and set a "buy" rating for the company in a research note on Monday, June 15th. Finally, DA Davidson reiterated a "buy" rating and set a $225.00 price objective on shares of Oracle in a research report on Friday, September 11th. One analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $251.72.

About Oracle

Oracle Corporation NYSE: ORCL is a global technology company that develops enterprise software, cloud services and related hardware. Its offerings help businesses manage databases, applications, data, infrastructure and other core information-technology operations.

The company is best known for its Oracle Database, along with cloud-based infrastructure and platform services. Oracle also provides enterprise applications for functions such as finance, human resources, supply-chain management, customer experience and industry-specific operations.

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