Payden & Rygel Lowers Position in Oracle Corporation $ORCL

Key Points

• Payden & Rygel sharply cut its Oracle stake by 92% in the fourth quarter, selling 81,300 shares and leaving it with 7,090 shares worth about $1.38 million.
• Oracle also saw insider selling, with EVP Stuart Levey selling 15,000 shares in a pre-arranged trade, reducing his ownership by more than 81%.
• The company reported strong recent results, topping earnings and revenue estimates last quarter, while analysts remain broadly positive with a consensus rating of “Moderate Buy” and an average price target of $261.46.

Payden & Rygel decreased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 92.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,090 shares of the enterprise software provider's stock after selling 81,300 shares during the period. Payden & Rygel's holdings in Oracle were worth $1,382,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. HFM Investment Advisors LLC lifted its stake in Oracle by 290.9% during the 4th quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider's stock valued at $25,000 after acquiring an additional 96 shares in the last quarter. FSA Wealth Management LLC bought a new stake in shares of Oracle in the 3rd quarter worth $28,000. Joseph Group Capital Management purchased a new stake in shares of Oracle in the fourth quarter valued at about $29,000. Investors Research Corp lifted its position in shares of Oracle by 465.5% during the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider's stock valued at $32,000 after purchasing an additional 135 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC lifted its position in shares of Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider's stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Transactions at Oracle

In other news, EVP Stuart Levey sold 15,000 shares of the firm's stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total value of $2,642,850.00. Following the completion of the transaction, the executive vice president directly owned 3,429 shares of the company's stock, valued at $604,155.51. This trade 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 available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by insiders.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle landed a new multi-year U.S. Air Force cloud modernization contract worth $88 million and expanded its AI-focused defense work with the U.S. Department of Defense, reinforcing demand for its secure cloud and classified AI infrastructure. Oracle’s Expanding Defense AI Role And What It Could Mean For Investors
• Positive Sentiment: One analyst note highlighted Oracle as a hyperscaler with meaningful upside potential as AI and quantum infrastructure spending grows, suggesting the market still sees long-term growth opportunities. 2 Quantum Hyperscaler Stocks With 30% Price Target to Watch in May
• Neutral Sentiment: Broader IT stocks in India rallied despite weak market sentiment, but the move was tied more to sector rotation than to Oracle specifically. Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
• Neutral Sentiment: Oracle’s stock has also been the subject of market chatter, including a bearish bet from investor Leopold Aschenbrenner and a comparison article that argued Salesforce may be the better AI cloud buy right now. Why AI Wunderkind Leopold Aschenbrenner Started Betting Against Nvidia, Oracle, Broadcom Salesforce vs. Oracle: Which AI-Driven Cloud Stock Is a Better Buy?
• Negative Sentiment: Oracle shares fell more than the market in the latest session, reflecting recent selling pressure despite the company’s strong fundamentals and AI-related growth narrative. Oracle (ORCL) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Another headline noted Intel is closing the market-cap gap with Oracle, which may add to relative-performance concerns among large-cap tech investors. Intel stock just $8 billion away from overtaking Oracle in market cap

Oracle Stock Performance

Shares of ORCL stock opened at $186.60 on Tuesday. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a market cap of $536.67 billion, a price-to-earnings ratio of 33.50, a P/E/G ratio of 1.84 and a beta of 1.55. Oracle Corporation has a 52 week low of $134.57 and a 52 week high of $345.72. The firm's 50-day simple moving average is $163.60 and its two-hundred day simple moving average is $181.56.

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 analysts' consensus estimates of $1.71 by $0.08. The firm had revenue of $17.19 billion during the quarter, compared to the consensus estimate of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company's revenue was up 21.7% 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 Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities analysts forecast that Oracle Corporation will post 6.08 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 annualized dividend and a yield of 1.1%. Oracle's dividend payout ratio (DPR) is 35.91%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ORCL shares. Wedbush upped their price objective on shares of Oracle from $225.00 to $275.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 13th. Scotiabank dropped their target price on shares of Oracle from $220.00 to $215.00 and set a "sector outperform" rating on the stock in a research report on Monday, March 9th. BMO Capital Markets cut their target price on Oracle from $205.00 to $200.00 and set an "outperform" rating on the stock in a research note on Wednesday, March 11th. Stifel Nicolaus reduced their target price on Oracle from $275.00 to $220.00 and set a "buy" rating for the company in a report on Wednesday, March 11th. Finally, Sanford C. Bernstein set a $313.00 price target on Oracle in a research report on Monday, February 9th. 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 assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $261.46.

Oracle Company 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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