Livforsakringsbolaget Skandia Omsesidigt lessened its position in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 87.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,418 shares of the enterprise software provider’s stock after selling 78,670 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Oracle were worth $2,225,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in ORCL. HFM Investment Advisors LLC grew its position in Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after acquiring an additional 96 shares during the period. Basepoint Wealth LLC purchased a new stake in Oracle during the fourth quarter valued at about $26,000. FSA Wealth Management LLC purchased a new stake in Oracle during the third quarter valued at about $28,000. Joseph Group Capital Management purchased a new stake in Oracle during the fourth quarter valued at about $29,000. Finally, Investors Research Corp grew its position in Oracle by 465.5% during the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock valued at $32,000 after acquiring an additional 135 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.
Oracle Price Performance
Shares of NYSE ORCL opened at $236.51 on Friday. Oracle Corporation has a 1-year low of $134.57 and a 1-year high of $345.72. The business has a 50-day moving average of $177.88 and a 200-day moving average of $178.30. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market capitalization of $680.23 billion, a price-to-earnings ratio of 42.46, a PEG ratio of 2.16 and a beta of 1.65.
Oracle Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were paid a $0.50 dividend. The ex-dividend date was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. Oracle’s payout ratio is 35.91%.
Insider Activity at Oracle
In related news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $176.19, for a total value of $2,642,850.00. Following the transaction, the executive vice president owned 3,429 shares in the company, valued at approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.
Trending Headlines about Oracle
Here are the key news stories impacting Oracle this week:
- Positive Sentiment: UBS raised its price target on Oracle to $285, saying AI momentum could remain strong into the upcoming earnings report. Veteran Bank Revamps Oracle Price Target Ahead of Earnings
- Positive Sentiment: Options traders are showing bullish interest in Oracle before earnings, which can signal expectations for continued strength or a post-earnings move higher. Options Bulls Target Oracle Stock Before Earnings
- Positive Sentiment: Several recent pieces continue to frame Oracle as a beneficiary of the AI infrastructure buildout, with investors still optimistic about its OpenAI-related momentum and cloud growth story. Why Oracle Stock Zoomed 39.9% Higher in May
- Neutral Sentiment: Oracle remains a widely watched name ahead of its June 10 fiscal Q4 results, with analysts expecting continued revenue and EPS growth but also noting that expectations are already high. Oracle (ORCL) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Neutral Sentiment: Broader market commentary on AI spending, including warnings that the sector may be entering a more “rational” phase, adds uncertainty for Oracle because its valuation is increasingly tied to AI capex growth. AI Spending Has Been Huge. Now It Could Be Entering a ‘Rational’ Phase.
- Negative Sentiment: A shareholder law firm said it is investigating Oracle over whether management misrepresented the costs and risks of its AI infrastructure strategy, which could add legal overhang for the stock. Kuehn Law Encourages Investors of Oracle Corporation to Contact Law Firm
- Negative Sentiment: Oracle has also been slipping ahead of earnings as investors worry that heavy AI spending could pressure free cash flow, debt, and credit metrics if growth does not accelerate fast enough. Oracle Slips Ahead of Earnings as Investors Watch AI Growth
Analysts Set New Price Targets
A number of equities research analysts have issued reports on ORCL shares. Morgan Stanley lowered their price target on Oracle from $213.00 to $207.00 and set an “equal weight” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings raised Oracle from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Wedbush upped their target price on Oracle from $225.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Mizuho set a $320.00 target price on Oracle in a research report on Wednesday. Finally, Melius Research set a $160.00 target price on Oracle in a research report on Monday, February 9th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $264.70.
View Our Latest Report on ORCL
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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