Rep. Julie Johnson Sells Off Shares of Oracle Co. (NYSE:ORCL)

Representative Julie Johnson (D-Texas) recently sold shares of Oracle Co. NYSE: ORCL. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Oracle stock on April 7th. The trade occurred in the Representative's "MERRILL LYNCH LONG TERM GROWTH" account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/30/2025.
• Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/22/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/15/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 4/11/2025.
• Sold $1,001 - $15,000 in shares of DT Midstream NYSE: DTM on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Carlisle Companies NYSE: CSL on 4/7/2025.

Oracle Stock Performance

Shares of NYSE:ORCL traded up $0.40 on Tuesday, reaching $160.04. 3,791,364 shares of the company's stock were exchanged, compared to its average volume of 11,062,906. The company has a fifty day moving average of $143.08 and a 200-day moving average of $162.38. Oracle Co. has a twelve month low of $114.55 and a twelve month high of $198.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a market capitalization of $447.63 billion, a price-to-earnings ratio of 39.13, a PEG ratio of 3.46 and a beta of 1.27.

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

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.25%. This is an increase from Oracle's previous quarterly dividend of $0.40. Oracle's dividend payout ratio (DPR) is currently 46.95%.

Hedge Funds Weigh In On Oracle

Several institutional investors have recently bought and sold shares of ORCL. R Squared Ltd bought a new stake in Oracle during the 4th quarter valued at $25,000. Sunbeam Capital Management LLC purchased a new position in shares of Oracle during the fourth quarter worth about $30,000. Winch Advisory Services LLC increased its holdings in shares of Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock worth $31,000 after buying an additional 87 shares during the last quarter. Hurley Capital LLC bought a new position in Oracle in the fourth quarter valued at $33,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of Oracle during the 1st quarter valued at about $27,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ORCL. Jefferies Financial Group dropped their target price on shares of Oracle from $220.00 to $190.00 and set a "buy" rating for the company in a report on Monday, March 31st. Guggenheim reaffirmed a "buy" rating and issued a $220.00 price objective on shares of Oracle in a research note on Thursday, April 3rd. Bank of America decreased their target price on Oracle from $195.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday, March 11th. StockNews.com downgraded shares of Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Finally, DA Davidson lowered their target price on Oracle from $150.00 to $140.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Fourteen research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and an average price target of $174.42.

Insiders Place Their Bets

In other news, Director Leon E. Panetta sold 5,000 shares of Oracle stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $129.77, for a total value of $648,850.00. Following the sale, the director now directly owns 58,090 shares in the company, valued at approximately $7,538,339.30. This trade represents a 7.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,866 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $149.53, for a total transaction of $428,552.98. Following the transaction, the director now directly owns 31,764 shares in the company, valued at approximately $4,749,670.92. The trade was a 8.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 27,366 shares of company stock valued at $4,015,723. 42.20% of the stock is currently owned by corporate insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

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.