SouthState Bank Corp lessened its stake in Oracle Corporation (NYSE:ORCL – Free Report) by 1.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 172,936 shares of the enterprise software provider’s stock after selling 3,275 shares during the period. Oracle comprises about 1.5% of SouthState Bank Corp’s holdings, making the stock its 12th biggest position. SouthState Bank Corp’s holdings in Oracle were worth $33,707,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. FSA Wealth Management LLC bought a new stake in shares of Oracle in the third quarter valued at about $28,000. Mpwm Advisory Solutions LLC lifted its stake in shares of Oracle by 76.9% in the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 50 shares during the period. Turning Point Benefit Group Inc. bought a new stake in shares of Oracle in the third quarter valued at about $35,000. HFM Investment Advisors LLC lifted its stake in shares of Oracle by 290.9% in the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after buying an additional 96 shares during the period. Finally, Basepoint Wealth LLC acquired a new position in Oracle in the fourth quarter worth about $26,000. Institutional investors own 42.44% of the company’s stock.
Oracle Stock Down 9.7%
Shares of ORCL stock opened at $213.41 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.66. Oracle Corporation has a 1 year low of $134.57 and a 1 year high of $345.72. The firm’s fifty day moving average price is $179.23 and its two-hundred day moving average price is $178.55. The firm has a market capitalization of $613.78 billion, a P/E ratio of 38.31, a PEG ratio of 2.01 and a beta of 1.65.
Oracle Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 9th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, April 9th. Oracle’s payout ratio is presently 35.91%.
Insider Transactions at Oracle
In other Oracle news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total value of $2,642,850.00. Following the sale, the executive vice president directly owned 3,429 shares in the company, valued at approximately $604,155.51. The trade was a 81.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company’s stock.
Oracle News Roundup
Here are the key news stories impacting Oracle this week:
- Positive Sentiment: Oracle still has strong momentum in cloud and AI infrastructure, with recent articles highlighting robust demand, a very large backlog, and bullish analyst targets that imply significant upside if execution stays on track. Article Title
- Positive Sentiment: BTIG reaffirmed a buy rating and set a $400 price target, signaling confidence that Oracle can continue benefiting from AI demand and cloud growth. Article Title
- Positive Sentiment: Oracle’s recent Q3 revenue growth of about 22% year over year supports the view that the company is still expanding quickly despite the pullback in the shares. Article Title
- Neutral Sentiment: Oracle has several articles pointing to the upcoming fiscal Q4 report as a key catalyst, with investors watching revenue, cloud growth, remaining performance obligations, and guidance for signs of whether the AI buildout is paying off. Article Title
- Neutral Sentiment: Oracle remains a heavily discussed AI beneficiary, but some commentary frames the stock as having already rallied sharply this year, which may leave the setup vulnerable to profit-taking before results. Article Title
- Negative Sentiment: RBC Capital Markets said Oracle faces questions about the pace of its AI data center buildout and whether it can overcome capacity constraints, reinforcing concerns that growth could be limited by execution. Article Title
- Negative Sentiment: Investors are also worried about the scale of Oracle’s AI spending, with reports suggesting capex could rise dramatically and potentially pressure free cash flow, leverage, and the company’s credit profile. Article Title
- Negative Sentiment: Recent coverage also notes broader tech-sector weakness and insider selling, adding to the cautious tone around ORCL heading into earnings. Article Title
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on ORCL. Robert W. Baird dropped their price objective on shares of Oracle from $300.00 to $200.00 and set an “outperform” rating for the company in a report on Tuesday, March 10th. Morgan Stanley reduced their price target on shares of Oracle from $213.00 to $207.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 23rd. Stephens reissued an “equal weight” rating and set a $254.00 price target on shares of Oracle in a research report on Tuesday, April 7th. Scotiabank reissued an “outperform” rating on shares of Oracle in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Oracle from $375.00 to $300.00 and set a “buy” rating on the stock in a research report on Monday, March 9th. Three research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $269.71.
View Our Latest Research Report on Oracle
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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