Rep. Jared Moskowitz Buys Oracle Co. (NYSE:ORCL) Shares

Representative Jared Moskowitz (D-Florida) recently bought shares of Oracle Co. NYSE: ORCL. In a filing disclosed on May 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Oracle stock on April 7th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 4/16/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 4/10/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Southern NYSE: SO on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Sherwin-Williams NYSE: SHW on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/7/2025.

Oracle Stock Performance

NYSE ORCL traded up $0.17 during trading hours on Wednesday, hitting $162.44. 7,495,586 shares of the company's stock traded hands, compared to its average volume of 9,472,310. The business's fifty day moving average price is $142.26 and its two-hundred day moving average price is $162.76. 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 firm has a market capitalization of $454.34 billion, a P/E ratio of 39.72, a P/E/G ratio of 3.46 and a beta of 1.27. Oracle Co. has a 52 week low of $114.55 and a 52 week high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last released 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 return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.13 billion during the quarter, compared to analysts' expectations of $14.40 billion. During the same period last year, the firm posted $1.41 EPS. Oracle's quarterly revenue was up 6.4% compared to the same quarter last year. Equities research analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.23%. Oracle's payout ratio is currently 46.95%.

Insider Activity at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total transaction of $291,620.00. Following the sale, the director now directly owns 34,630 shares of the company's stock, valued at $5,049,400.30. This trade represents a 5.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Leon E. Panetta sold 17,500 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $151.24, for a total transaction of $2,646,700.00. Following the sale, the director now directly owns 58,090 shares in the company, valued at $8,785,531.60. This represents a 23.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,366 shares of company stock valued at $4,015,723. Insiders own 42.20% of the company's stock.

Hedge Funds Weigh In On Oracle

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of Hawaii acquired a new position in shares of Oracle during the 1st quarter worth $506,000. Brooks Moore & Associates Inc. grew its stake in Oracle by 3.1% in the 1st quarter. Brooks Moore & Associates Inc. now owns 17,250 shares of the enterprise software provider's stock valued at $2,412,000 after acquiring an additional 525 shares during the last quarter. Ally Financial Inc. acquired a new stake in Oracle in the 1st quarter valued at about $1,818,000. Apexium Financial LP grew its stake in Oracle by 8.5% in the 1st quarter. Apexium Financial LP now owns 10,657 shares of the enterprise software provider's stock valued at $1,490,000 after acquiring an additional 832 shares during the last quarter. Finally, Comerica Bank grew its stake in Oracle by 1.7% in the 1st quarter. Comerica Bank now owns 537,492 shares of the enterprise software provider's stock valued at $75,147,000 after acquiring an additional 8,907 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ORCL shares. Piper Sandler reiterated a "neutral" rating and issued a $130.00 price target (down previously from $190.00) on shares of Oracle in a report on Wednesday, April 23rd. JPMorgan Chase & Co. decreased their price target on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 11th. Stephens initiated coverage on shares of Oracle in a research note on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 target price on the stock. Royal Bank of Canada set a $145.00 target price on shares of Oracle and gave the stock a "sector perform" rating in a research note on Tuesday, March 11th. Finally, Monness Crespi & Hardt raised shares of Oracle from a "sell" rating to a "neutral" rating in a research note on Monday, March 3rd. Fourteen research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and an average price target of $174.42.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

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.