Oracle Corporation $ORCL Stock Sold by Riverbridge Partners LLC

Key Points

• Riverbridge Partners cut its Oracle stake by 64.9% in the third quarter, selling 8,885 shares and retaining 4,800 shares valued at about $659,000.
• Analysts’ consensus rating remains “Moderate Buy,” with a $249.27 average price target, although several firms recently lowered their targets.
• Oracle beat quarterly earnings and revenue expectations, reporting $1.92 per share and $19.34 billion in revenue; revenue rose 29.6% year over year.

Riverbridge Partners LLC decreased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 64.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,800 shares of the enterprise software provider's stock after selling 8,885 shares during the period. Riverbridge Partners LLC's holdings in Oracle were worth $659,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ORCL. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Oracle during the second quarter worth about $625,454,000. Edmond DE Rothschild Holding S.A. lifted its holdings in Oracle by 8.7% in the second 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. Generate Investment Management Ltd boosted its stake in Oracle by 178.4% in the third quarter. Generate Investment Management Ltd now owns 407,314 shares of the enterprise software provider's stock valued at $55,924,000 after acquiring an additional 261,019 shares during the period. Sawyer & Company Inc acquired a new position in Oracle in the third quarter valued at approximately $8,243,000. Finally, Verus Wealth Management LLC acquired a new position in Oracle in the third quarter valued at approximately $1,365,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on ORCL. Stifel Nicolaus lowered their target price on Oracle from $220.00 to $200.00 and set a "buy" rating for the company in a report on Friday, September 11th. Jefferies Financial Group reissued a "buy" rating and issued a $290.00 price target (down from $320.00) on shares of Oracle in a report on Thursday, September 10th. Scotiabank restated a "sector outperform" rating and set a $205.00 price objective on shares of Oracle in a research report on Thursday, October 29th. Freedom Broker lowered their price objective on Oracle from $210.00 to $205.00 and set a "buy" rating for the company in a research note on Monday, September 14th. Finally, Melius Research set a $170.00 price objective on Oracle in a research note on Thursday, October 29th. One 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 given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $249.27.

Oracle Trading Up 8.9%

Oracle stock opened at $128.46 on Thursday. 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 firm has a 50-day moving average price of $137.60 and a two-hundred day moving average price of $154.59. The firm has a market capitalization of $388.42 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 0.83 and a beta of 1.79. Oracle Corporation has a 52-week low of $109.21 and a 52-week high of $250.25.

Oracle (NYSE:ORCL - Get Free Report) last posted its 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. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The firm had revenue of $19.34 billion during the quarter, compared to analysts' expectations of $19.13 billion. During the same quarter in the prior year, the firm earned $1.47 EPS. Oracle's quarterly revenue was up 29.6% on a year-over-year basis. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. Sell-side analysts expect that Oracle Corporation will post 6.71 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 9th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, October 9th. Oracle's dividend payout ratio is 31.35%.

Key Headlines Impacting Oracle

Investors following ORCL have been watching these headlines:

• Positive Sentiment: CoreWeave’s results lifted AI stocks. CoreWeave beat expectations, raised its outlook, and said it would rely less on unsecured borrowing and more on financing such as customer prepayments. This helped reduce worries about AI infrastructure funding that had weighed on Oracle. Why Oracle Stock Is Up Today
• Positive Sentiment: Analysts see Oracle as better positioned for potential data-center restrictions. Mizuho said Oracle’s five largest data-center sites are already under construction, potentially reducing its exposure to new limits on building. Oracle’s CFO also said the company plans to add 7 gigawatts of data-center capacity. Oracle Stock Just Surged After CoreWeave Earnings
• Negative Sentiment: Financing and contract risks have not disappeared. Reports cited borrowing costs as high as 8.65% on new notes, while Oracle recently lost a reported Tencent deal and a Microsoft contract. These developments underscore execution and funding risks around its large AI infrastructure investment. Oracle Shares Climb as CoreWeave Funding Reset Eases AI Debt Fears

Insider Buying and Selling

In other Oracle news, EVP Maria Smith sold 2,631 shares of Oracle stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total transaction of $399,122.70. Following the sale, the executive vice president owned 64,357 shares of the company's stock, valued at $9,762,956.90. The trade was a 3.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen H. Rusckowski bought 25,000 shares of the business's stock in a transaction on Tuesday, September 29th. The shares were acquired at an average cost of $139.35 per share, for a total transaction of $3,483,750.00. Following the purchase, the director directly owned 25,390 shares in the company, valued at $3,538,096.50. This represents a 6,410.26% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 36,075 shares of company stock valued at $5,342,123 in the last three months. 38.40% of the stock is currently owned by corporate insiders.

About Oracle

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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