Sanders Morris Harris LLC Sells 23,910 Shares of Oracle Corporation $ORCL

Key Points

• Sanders Morris Harris LLC reduced its Oracle stake by 80.6% in the second quarter, selling 23,910 shares and retaining 5,750 shares valued at approximately $843,000.
• Several major institutions increased their Oracle holdings, including Vanguard, State Street, Geode Capital and Capital Research Global Investors; institutional investors collectively own 42.44% of the company.
• Oracle reported better-than-expected quarterly earnings and 20.6% year-over-year revenue growth, while analysts maintain a “Moderate Buy” consensus with an average price target of $265.03. However, elevated leverage tied to its AI expansion remains a key risk.

Sanders Morris Harris LLC cut its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 80.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,750 shares of the enterprise software provider's stock after selling 23,910 shares during the period. Sanders Morris Harris LLC's holdings in Oracle were worth $843,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Oracle by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider's stock worth $34,070,674,000 after buying an additional 5,841,584 shares in the last quarter. State Street Corp raised its stake in Oracle by 4.4% in the 4th quarter. State Street Corp now owns 76,527,759 shares of the enterprise software provider's stock worth $14,916,026,000 after purchasing an additional 3,216,915 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Oracle by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 37,734,944 shares of the enterprise software provider's stock valued at $7,328,754,000 after purchasing an additional 665,374 shares during the period. Capital Research Global Investors grew its position in shares of Oracle by 29.3% during the 4th quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider's stock worth $5,874,070,000 after purchasing an additional 6,826,299 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of Oracle by 1.9% during the fourth quarter. Morgan Stanley now owns 27,125,099 shares of the enterprise software provider's stock worth $5,286,953,000 after purchasing an additional 495,146 shares during the period. Institutional investors own 42.44% of the company's stock.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s expanded partnership with Google Cloud and reported $638 billion backlog have improved investor confidence in demand for its cloud and AI infrastructure. Why Is Oracle Stock Surging on Monday?
• Positive Sentiment: A joint Oracle electronic health-record rollout with Ontario hospitals Baycrest and Sunnybrook adds another healthcare customer win and supports the company’s industry-cloud growth. Oracle Lands Joint Ontario Hospital EHR Rollout
• Positive Sentiment: Analysts remain broadly bullish despite Oracle’s weak yearlong performance, with one valuation analysis suggesting the shares could be materially undervalued following a federal human-resources contract win. Do Wall Street Analysts Like Oracle Stock?
• Positive Sentiment: Large call-option buying indicates that some traders are positioning for additional upside, although options activity is a sentiment signal rather than a fundamental change. Stock Traders Buy Large Volume of Call Options on Oracle
• Neutral Sentiment: Oracle paid a quarterly dividend of $0.50 per share on July 24. The payment highlights shareholder returns but is unlikely to materially change the near-term investment outlook. Larry Ellison Just Collected a $579 Million Dividend Check
• Negative Sentiment: Oracle’s aggressive, debt-funded AI expansion has pushed leverage higher and brought its credit rating close to junk status, raising borrowing-cost and refinancing risks. Oracle Corp Goes for High-Stakes Ratings Gamble in AI Strategy
• Negative Sentiment: Oracle is among major technology companies facing approximately $1.09 trillion in future data-center lease payments, reinforcing concerns that the AI infrastructure buildout could pressure cash flow and balance sheets. AI Data-Centre Race Builds $1 Trillion Lease Burden for Big Tech

Insider Buying and Selling

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the company's stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the sale, the insider owned 400,000 shares of the company's stock, valued at approximately $63,664,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Morgan Stanley reissued a "mixed" rating on shares of Oracle in a research report on Thursday, June 11th. TD Cowen boosted their price target on Oracle from $250.00 to $300.00 and gave the company a "buy" rating in a research note on Monday, June 8th. Sanford C. Bernstein increased their price objective on shares of Oracle from $319.00 to $325.00 and gave the stock an "outperform" rating in a research note on Thursday, June 11th. Wolfe Research reaffirmed an "outperform" rating and set a $225.00 price target on shares of Oracle in a report on Thursday, June 11th. Finally, Arete Research set a $255.00 price objective on shares of Oracle and gave the company a "buy" rating in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $265.03.

Oracle Price Performance

Oracle stock opened at $144.38 on Thursday. The stock's 50 day moving average is $161.00 and its 200 day moving average is $163.06. Oracle Corporation has a one year low of $114.50 and a one year high of $345.72. The firm has a market cap of $415.90 billion, a P/E ratio of 24.77, a P/E/G ratio of 0.91 and a beta of 1.72. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, beating analysts' consensus estimates of $1.96 by $0.15. The business had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The company's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.70 EPS. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, research analysts expect that Oracle Corporation will post 6.47 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were issued a $0.50 dividend. The ex-dividend date was Friday, July 10th. This represents a $2.00 annualized dividend and a yield of 1.4%. Oracle's payout ratio is presently 34.31%.

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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