Oracle Corporation $ORCL Stock Sold by Eastern Bank

Eastern Bank lessened its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 65.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 97,559 shares of the enterprise software provider's stock after selling 183,702 shares during the quarter. Eastern Bank's holdings in Oracle were worth $13,395,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ORCL. Basso Capital Management L.P. purchased a new stake in Oracle during the fourth quarter worth approximately $29,000. Maseco LLP purchased a new position in shares of Oracle in the 1st quarter valued at $29,000. Persistent Asset Partners Ltd acquired a new position in shares of Oracle during the 2nd quarter valued at $29,000. Markowski Investments acquired a new position in shares of Oracle during the 2nd quarter valued at $32,000. Finally, MBM Wealth Consultants LLC purchased a new stake in Oracle during the 1st quarter worth $33,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle announced a $10 million investment and strategic partnership with the Nashville Symphony. The funding is intended to address the organization’s immediate financial needs, restore its 2026–27 season and bring furloughed musicians and staff back to work. The move may strengthen Oracle’s community profile, particularly as its Nashville presence expands, although it is not expected to materially affect earnings. Oracle Announces $10 Million Partnership with the Nashville Symphony
• Positive Sentiment: Analysts selected ORCL as one of three AI-related technology stocks to buy in October, alongside Micron and Broadcom. The recommendation reflects expectations that Oracle’s cloud infrastructure and AI capabilities can support longer-term growth. 3 AI Tech Stocks to Buy in October
• Positive Sentiment: A bullish investment case focuses on Oracle’s reported $664 billion backlog, which could convert into revenue as cloud and AI capacity comes online. Recent product launches, health-care and digital-asset initiatives, and new enterprise partnerships also reinforce the company’s growth narrative. Oracle at $140
• Neutral Sentiment: Oracle’s agreement to subscribe to 125–250 megawatts from Wisconsin’s Point Beach nuclear plant highlights the growing importance of securing power for AI data centers. It could support future capacity, but also underscores the infrastructure constraints facing the company and the broader sector. Oracle’s Nuclear Power Deal
• Negative Sentiment: Investor Michael Burry warned that Oracle’s large backlog may conceal significant debt and capital-spending risks, arguing that customers are effectively helping finance the AI buildout. Separately, a force majeure notice involving Project Jupiter and reports that power—not demand—is delaying data centers raise execution concerns. Michael Burry Raises Red Flag on Oracle’s Backlog

Insider Activity

In other Oracle news, EVP Maria Smith sold 2,631 shares of the stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total transaction of $399,122.70. Following the transaction, the executive vice president directly owned 64,357 shares in the company, valued at $9,762,956.90. This represents a 3.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael D. Sicilia sold 22,562 shares of the firm's stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the transaction, the chief executive officer directly owned 182,929 shares of the company's stock, valued at approximately $27,730,207.11. This represents a 10.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 36,075 shares of company stock worth $5,342,123. 38.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts recently issued reports on ORCL shares. Evercore reiterated an "outperform" rating and issued a $245.00 price target (up from $220.00) on shares of Oracle in a report on Monday, June 8th. Royal Bank Of Canada decreased their target price on Oracle from $190.00 to $165.00 and set a "sector perform" rating for the company in a research report on Friday, September 11th. TD Cowen reiterated a "buy" rating and issued a $240.00 target price (down from $300.00) on shares of Oracle in a research note on Wednesday, September 9th. Argus reiterated a "buy" rating and set a $225.00 target price on shares of Oracle in a report on Monday, September 14th. Finally, DZ Bank reiterated a "buy" rating on shares of Oracle in a report on Thursday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $251.72.

Oracle Stock Up 0.8%

Shares of Oracle stock traded up $1.16 during trading hours on Monday, hitting $143.46. 10,239,380 shares of the company's stock traded hands, compared to its average volume of 29,430,725. The stock has a 50 day simple moving average of $144.50 and a 200-day simple moving average of $159.48. 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 has a market cap of $433.80 billion, a PE ratio of 22.48, a PEG ratio of 1.01 and a beta of 1.78. Oracle Corporation has a twelve month low of $114.50 and a twelve month high of $322.54.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, topping the consensus estimate of $1.74 by $0.18. The business had revenue of $19.34 billion for the quarter, compared to analysts' expectations of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%.The company's revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 research analysts anticipate that Oracle Corporation will post 6.69 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 9th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, October 9th. Oracle's dividend payout ratio is 31.35%.

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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