Canvas Wealth Advisors LLC Purchases 6,311 Shares of Oracle Corporation $ORCL

Canvas Wealth Advisors LLC increased its position in Oracle Corporation (NYSE:ORCL – Free Report) by 156.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,353 shares of the enterprise software provider’s stock after acquiring an additional 6,311 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Oracle were worth $1,445,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Oracle during the 3rd quarter worth about $25,000. Foresight Capital Management Advisors Inc. acquired a new stake in Oracle in the 3rd quarter valued at approximately $26,000. Persistent Asset Partners Ltd acquired a new stake in Oracle in the 2nd quarter valued at approximately $29,000. North Point Portfolio Managers Corp OH bought a new position in Oracle in the 3rd quarter worth approximately $27,000. Finally, Markowski Investments bought a new position in Oracle in the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ORCL shares. DA Davidson reissued a “buy” rating and issued a $225.00 price objective on shares of Oracle in a research report on Friday, September 11th. Argus reiterated a “buy” rating and set a $225.00 target price on shares of Oracle in a research report on Monday, September 14th. Piper Sandler reiterated an “overweight” rating and set a $225.00 price objective on shares of Oracle in a research note on Thursday, October 29th. CLSA initiated coverage on shares of Oracle in a research note on Monday, July 20th. They issued a “hold” rating and a $145.00 target price for the company. Finally, UBS Group upped their price target on shares of Oracle from $245.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.27.

Get Our Latest Analysis on Oracle

Insider Activity

In related news, CEO Michael D. Sicilia sold 22,562 shares of Oracle stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the completion of the sale, the chief executive officer directly owned 182,929 shares of the company’s stock, valued at $27,730,207.11. The trade was a 10.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Maria Smith sold 2,631 shares of the company’s stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total value of $399,122.70. Following the completion of the sale, the executive vice president owned 64,357 shares of the company’s stock, valued at $9,762,956.90. This represents a 3.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 36,075 shares of company stock valued at $5,342,123 in the last 90 days. 38.40% of the stock is owned by company insiders.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

  • Positive Sentiment: Oracle received the strongest valuation grade among seven major technology companies in a comparison following the sector selloff, potentially drawing interest from investors looking for relative value. Article: Oracle beats Microsoft and Amazon on a key Wall Street metric
  • Neutral Sentiment: Scotiabank lowered its fiscal 2027 EPS estimate to $6.63 from $6.73, but kept its Sector Outperform rating and $205 price target. The estimate cut tempers, but does not reverse, the analyst’s positive stance. Article: Scotiabank revises Oracle EPS estimate
  • Neutral Sentiment: Oracle’s annual stockholder meeting is scheduled for November 18; the announcement did not identify a new business or earnings development. Article: Oracle’s annual meeting of stockholders
  • Negative Sentiment: Microsoft is reportedly winding down its arrangement to rent AI computing capacity from Oracle. The news adds to concern that major customers may reassess AI infrastructure spending and could weigh on expectations for Oracle’s cloud growth. Article: Microsoft is winding down Oracle deal to rent AI cloud capacity
  • Negative Sentiment: Broader doubts about the AI data-center build-out are also pressuring sentiment. Reports cite possible changes to OpenAI’s capacity plans, political scrutiny of data-center construction, and debt tied to a Stargate project—risks that could challenge the expected returns on Oracle’s substantial infrastructure investment. Article: OpenAI weighs smaller data-center plans

Oracle Trading Up 0.7%

Oracle stock traded up $0.80 during trading hours on Friday, reaching $115.96. 47,481,064 shares of the company’s stock traded hands, compared to its average volume of 33,719,972. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. Oracle Corporation has a fifty-two week low of $109.21 and a fifty-two week high of $250.25. The firm has a market capitalization of $350.64 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 0.83 and a beta of 1.79. The firm’s 50 day moving average is $139.11 and its 200-day moving average is $155.40.

Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, topping the consensus estimate of $1.74 by $0.18. The company had revenue of $19.34 billion during the quarter, compared to analysts’ expectations of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. Oracle’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.47 EPS. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. On average, analysts predict that Oracle Corporation will post 6.71 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Friday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.7%. Oracle’s payout ratio is presently 31.35%.

Oracle Company Profile

(Free Report)

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications.

Oracle’s offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.

Founded in 1977 as Software Development Laboratories, Oracle serves businesses and public-sector organizations across geographies worldwide.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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