Providence First Trust Co Sells 9,607 Shares of Oracle Corporation $ORCL

Providence First Trust Co trimmed its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 88.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,244 shares of the enterprise software provider's stock after selling 9,607 shares during the quarter. Providence First Trust Co's holdings in Oracle were worth $242,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Meeder Advisory Services Inc. boosted its position in shares of Oracle by 8.4% during the 3rd quarter. Meeder Advisory Services Inc. now owns 40,946 shares of the enterprise software provider's stock valued at $11,516,000 after acquiring an additional 3,184 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in Oracle in the third quarter valued at about $689,000. Xponance Inc. raised its position in Oracle by 1.8% in the third quarter. Xponance Inc. now owns 406,544 shares of the enterprise software provider's stock worth $114,336,000 after purchasing an additional 7,320 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Oracle by 62.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 483,000 shares of the enterprise software provider's stock worth $135,839,000 after purchasing an additional 184,996 shares during the period. Finally, Stonegate Investment Group LLC lifted its stake in Oracle by 3.2% during the third quarter. Stonegate Investment Group LLC now owns 99,400 shares of the enterprise software provider's stock worth $27,955,000 after purchasing an additional 3,065 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Activity at Oracle

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the firm's stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total value of $2,642,850.00. Following the transaction, the executive vice president directly owned 3,429 shares of the company's stock, valued at approximately $604,155.51. This trade represents a 81.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Clayton M. Magouyrk sold 10,000 shares of the company's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $155.23, for a total transaction of $1,552,300.00. Following the sale, the chief executive officer owned 134,030 shares of the company's stock, valued at $20,805,476.90. The trade was a 6.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 40.90% of the company's stock.

Oracle Trading Up 4.8%

ORCL stock opened at $194.20 on Thursday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66. Oracle Corporation has a twelve month low of $134.57 and a twelve month high of $345.72. The company has a market cap of $558.51 billion, a P/E ratio of 34.86, a PEG ratio of 1.77 and a beta of 1.55. The business has a fifty day moving average of $156.77 and a 200-day moving average of $186.54.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.08. The business had revenue of $17.19 billion for the quarter, compared to analysts' expectations of $16.91 billion. Oracle had a return on equity of 62.70% and a net margin of 25.30%.The firm's quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities research analysts expect that Oracle Corporation will post 6.08 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, April 9th. Oracle's payout ratio is 35.91%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Guggenheim reissued a "buy" rating and issued a $400.00 target price on shares of Oracle in a report on Friday, March 13th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $160.00 price target on shares of Oracle in a research report on Wednesday, March 11th. DA Davidson lifted their price objective on Oracle from $180.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, March 11th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $229.00 target price on shares of Oracle in a report on Wednesday, March 11th. Finally, Piper Sandler cut their price target on shares of Oracle from $240.00 to $210.00 and set an "overweight" rating for the company in a report on Wednesday, March 11th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $259.56.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Massive contracted backlog — independent coverage highlights a $553 billion backlog that grew ~325% year-over-year, which investors view as multi-year revenue visibility and a key reason to buy ORCL shares. Oracle’s $553 Billion Backlog
• Positive Sentiment: AI infrastructure case and technical breakout — analysis argues Oracle’s chart has flipped to a breakout driven by AI-infrastructure demand and recent rally momentum, supporting further upside. Oracle Stock’s Breakout Is Real
• Positive Sentiment: New defense and AI contract headlines — reporting ties a classified U.S. defense deal and broader AI spending catalysts to Oracle’s surge, underlining government as an incremental demand source. Why Is Oracle Stock Surging
• Positive Sentiment: Major Michigan data‑center build for Oracle/OpenAI moves forward — construction reports on the $16B campus (built for Oracle and OpenAI) reinforce tangible capex and long-term capacity expansion supporting cloud/inference revenue. Walbridge Is Building the Largest Project
• Neutral Sentiment: Analyst and Wall Street tone is mixed-to-positive — coverage roundup pieces assess whether the Street is broadly bullish or bearish; some firms (Wedbush) reaffirm Outperform while others caution on concentration risk. Oracle stock outlook
• Neutral Sentiment: Macro/peer context — Microsoft’s strong AI/cloud revenue growth underscores the competitive and capex environment Oracle competes in; investors weigh margin pressure and higher industry capex when valuing ORCL. Microsoft Q3 Revenues Jump
• Negative Sentiment: Concentration and spending concerns — articles note that a major AI customer dominates Oracle’s story and some investors worry about AI spending concentration and potential margin/cost pressures. Oracle Stock Is Still Down YTD
• Negative Sentiment: Reputational/backlash risk tied to layoffs and “train your replacement” themes — commentators suggest social and operational pushback could create headlines that pressure sentiment. The Backlash to “Train Your Replacement” Begins

Oracle 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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