Decker Retirement Planning Inc. Sells 17,064 Shares of Oracle Corporation $ORCL

Decker Retirement Planning Inc. lessened its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 86.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,669 shares of the enterprise software provider’s stock after selling 17,064 shares during the quarter. Decker Retirement Planning Inc.’s holdings in Oracle were worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Oracle by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider’s stock valued at $34,070,674,000 after buying an additional 5,841,584 shares in the last quarter. State Street Corp boosted its position in shares of Oracle by 4.4% during the 4th quarter. State Street Corp now owns 76,527,759 shares of the enterprise software provider’s stock valued at $14,916,026,000 after acquiring an additional 3,216,915 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Oracle by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 37,734,944 shares of the enterprise software provider’s stock valued at $7,328,754,000 after acquiring an additional 665,374 shares in the last quarter. Capital Research Global Investors increased its stake in Oracle by 29.3% in the fourth quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider’s stock valued at $5,874,070,000 after acquiring an additional 6,826,299 shares during the period. Finally, Morgan Stanley increased its stake in Oracle by 1.9% in the fourth quarter. Morgan Stanley now owns 27,125,099 shares of the enterprise software provider’s stock valued at $5,286,953,000 after acquiring an additional 495,146 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Insider Transactions at Oracle

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the sale, the executive vice president owned 3,429 shares of the company’s stock, valued at $604,155.51. This represents a 81.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by company insiders.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

Wall Street Analyst Weigh In

A number of research analysts have commented on ORCL shares. Piper Sandler raised their price target on shares of Oracle from $210.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Weiss Ratings upgraded Oracle from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Evercore reissued an “outperform” rating and issued a $245.00 target price on shares of Oracle in a report on Monday, June 8th. Scotiabank restated an “overweight” rating on shares of Oracle in a research report on Thursday, June 11th. Finally, Monness Crespi & Hardt reaffirmed a “hold” rating on shares of Oracle in a research note on Wednesday, March 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average price target of $268.27.

View Our Latest Analysis on Oracle

Oracle Stock Down 3.0%

NYSE ORCL opened at $152.82 on Friday. The stock’s 50 day simple moving average is $189.96 and its 200 day simple moving average is $175.88. Oracle Corporation has a one year low of $134.57 and a one year high of $345.72. The firm has a market cap of $440.19 billion, a PE ratio of 26.21, a price-to-earnings-growth ratio of 0.99 and a beta of 1.65. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.35.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.15. The firm had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 EPS. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, sell-side analysts forecast that Oracle Corporation will post 6.46 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s payout ratio is currently 34.31%.

Oracle Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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