Riggs Asset Managment Co. Inc. Cuts Stock Holdings in Oracle Corporation $ORCL

Key Points

• Riggs Asset Management cut its stake in Oracle by 75.1% in Q4, selling 8,335 shares and leaving 2,757 shares valued at about $537,000.
• Oracle beat quarterly expectations with $1.79 EPS (vs. $1.71) and $17.19B revenue (up 21.7% year‑over‑year), and set Q4 2026 guidance of $1.96–2.00 EPS.
• Investor sentiment is mixed around Oracle’s AI/data‑center strategy—positives include an expanded Google Cloud AI partnership and reports of a near‑$38B data‑center loan, while a reported canceled server order, layoffs and “AI debt” concerns have triggered recent share volatility.

Riggs Asset Managment Co. Inc. reduced its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 75.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,757 shares of the enterprise software provider's stock after selling 8,335 shares during the period. Riggs Asset Managment Co. Inc.'s holdings in Oracle were worth $537,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ORCL. JPMorgan Chase & Co. raised shares of Oracle from a "neutral" rating to an "overweight" rating and decreased their price target for the company from $230.00 to $210.00 in a research note on Wednesday, March 11th. Wedbush assumed coverage on shares of Oracle in a report on Friday. They issued an "outperform" rating and a $225.00 target price on the stock. Mizuho decreased their target price on shares of Oracle from $400.00 to $320.00 and set an "outperform" rating on the stock in a research report on Monday, March 16th. Stifel Nicolaus lowered their price target on shares of Oracle from $275.00 to $220.00 and set a "buy" rating for the company in a report on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Oracle from $375.00 to $300.00 and set a "buy" rating on the stock in a research note on Monday, March 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and a consensus price target of $259.56.

Insider Activity at Oracle

In related news, EVP Stuart Levey sold 15,000 shares of the business's stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the transaction, the executive vice president owned 3,429 shares in the company, valued at $604,155.51. The trade was a 81.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Clayton M. Magouyrk sold 10,000 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $155.23, for a total value of $1,552,300.00. Following the completion of the sale, the chief executive officer owned 134,030 shares in the company, valued at approximately $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.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Wedbush initiation and bullish commentary from Daniel Ives lifted investor sentiment and drove a pre-market uptick as the analyst highlighted Oracle’s positioning in AI infrastructure and cloud. Why Oracle Stock (ORCL) Is Rising Today and What Daniel Ives Sees Next
• Positive Sentiment: Oracle expanded its AI partnership with Google Cloud (Oracle AI Database Agent for Gemini Enterprise), which strengthens multi-cloud AI use cases and supports enterprise demand for integrated data+AI solutions. That partnership is a direct revenue/positioning positive for Oracle’s cloud/database stack. Oracle And Google Cloud Link AI To Keep Enterprise Data On Oracle
• Positive Sentiment: Reports that JPMorgan and partners are nearing completion on a large loan package to finance Oracle’s data-center buildout (~$38B reported) point to continued capital commitment and multi-year demand for Oracle’s AI infrastructure projects. JPMorgan Chase & Co. (JPM) Closing in on Record $38B Oracle Data Center Loan
• Neutral Sentiment: Bloom Energy’s expanded supply tie-up with Oracle to power AI data centers is supportive of long‑term data‑center execution but is more material to suppliers than to Oracle’s near-term margin profile. Bloom Energy rises 3.9% as Oracle AI-power deal afterglow
• Neutral Sentiment: Morgan Stanley trimmed its price target and moved to an "equal weight" stance, which reduces upside expectations from that desk and may weigh on sentiment but does not change Oracle’s underlying growth story. Morgan Stanley price target note
• Negative Sentiment: Multiple outlets reported Oracle canceled a major server order with Super Micro (reported $1.1–$1.4B), which shook markets, sparked a sector sell-off and raised questions about near‑term AI hardware demand and order timing. That report was a key driver of yesterday’s share weakness. Why Super Micro Computer Shares Are Falling On Thursday?
• Negative Sentiment: Coverage highlighted layoffs at Oracle and other tech firms as AI-related restructuring continues; workforce cuts can reduce near-term operating leverage and weigh on morale and execution narratives. Companies laying off staff this year include Meta, Amazon, and Oracle
• Negative Sentiment: WSJ and other coverage flagged industry-wide “AI debt” issues—power constraints, funding and public scrutiny of data centers—that could slow rollouts or raise costs for Oracle’s massive infrastructure build. Oracle's Deluge of AI Debt Pushes Wall Street to the Limit
• Negative Sentiment: Market moves: outlets reported a sharp intraday decline (~6%) on the recent trading day, reflecting the combined impact of the contract report, sector weakness and profit-taking after strong prior gains. Oracle (ORCL) Falls More Steeply Than Broader Market

Oracle Price Performance

Oracle stock opened at $176.51 on Friday. Oracle Corporation has a 12-month low of $132.00 and a 12-month high of $345.72. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.66. The firm has a 50-day moving average price of $153.95 and a 200-day moving average price of $194.09. The firm has a market capitalization of $507.65 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 1.79 and a beta of 1.60.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company had revenue of $17.19 billion for the quarter, compared to the consensus estimate of $16.91 billion. During the same period in the prior year, the firm posted $1.47 EPS. The firm's revenue was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 6.07 EPS for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Thursday, April 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. Oracle's dividend payout ratio is currently 35.91%.

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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