Rep. Jefferson Shreve Sells Off Shares of Oracle Co. (NYSE:ORCL)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Oracle Co. NYSE: ORCL. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Oracle stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

Oracle Trading Up 4.5%

ORCL traded up $6.84 during trading on Monday, reaching $157.18. 7,872,284 shares of the stock traded hands, compared to its average volume of 9,448,934. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a market capitalization of $439.62 billion, a PE ratio of 38.43, a P/E/G ratio of 3.46 and a beta of 1.27. The stock's 50-day moving average is $142.12 and its 200 day moving average is $162.87. Oracle Co. has a 12 month low of $114.55 and a 12 month high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.49 by ($0.02). The firm had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business's revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $1.41 EPS. Equities analysts anticipate that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were paid a $0.50 dividend. This is a boost from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.00 annualized dividend and a dividend yield of 1.27%. Oracle's payout ratio is currently 46.95%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ORCL shares. Monness Crespi & Hardt upgraded shares of Oracle from a "sell" rating to a "neutral" rating in a report on Monday, March 3rd. Stephens started coverage on shares of Oracle in a report on Wednesday, March 19th. They issued an "equal weight" rating and a $167.00 target price on the stock. Morgan Stanley lowered their target price on shares of Oracle from $170.00 to $160.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Mizuho lowered their target price on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Finally, Citigroup lowered their target price on shares of Oracle from $194.00 to $160.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. Fourteen equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Oracle currently has a consensus rating of "Moderate Buy" and an average price target of $174.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. R Squared Ltd bought a new position in Oracle in the 4th quarter valued at $25,000. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter valued at $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter valued at $28,000. Iron Horse Wealth Management LLC boosted its holdings in Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after purchasing an additional 151 shares during the period. Finally, Sunbeam Capital Management LLC bought a new position in Oracle in the 4th quarter valued at $30,000. 42.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Oracle

In related news, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the transaction, the director now directly owns 34,630 shares of the company's stock, valued at approximately $5,049,400.30. This trade represents a 5.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Leon E. Panetta sold 5,000 shares of the firm's stock in a transaction dated Friday, April 11th. The shares were sold at an average price of $129.77, for a total value of $648,850.00. Following the transaction, the director now directly owns 58,090 shares in the company, valued at approximately $7,538,339.30. This represents a 7.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,366 shares of company stock valued at $4,015,723 in the last three months. Company insiders own 42.20% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Oracle

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.