ProShare Advisors LLC Acquires 38,063 Shares of Oracle Corporation $ORCL

ProShare Advisors LLC grew its holdings in Oracle Corporation (NYSE:ORCLFree Report) by 10.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 410,095 shares of the enterprise software provider’s stock after purchasing an additional 38,063 shares during the quarter. ProShare Advisors LLC’s holdings in Oracle were worth $79,932,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Xponance Inc. raised its stake in Oracle by 1.8% during the 3rd quarter. Xponance Inc. now owns 406,544 shares of the enterprise software provider’s stock valued at $114,336,000 after purchasing an additional 7,320 shares during the last quarter. Stonegate Investment Group LLC raised its stake in Oracle by 3.2% during the 3rd quarter. Stonegate Investment Group LLC now owns 99,400 shares of the enterprise software provider’s stock valued at $27,955,000 after purchasing an additional 3,065 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in Oracle by 62.1% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 483,000 shares of the enterprise software provider’s stock valued at $135,839,000 after purchasing an additional 184,996 shares during the last quarter. DDD Partners LLC acquired a new position in Oracle during the 4th quarter valued at $1,677,000. Finally, William Blair Investment Management LLC raised its stake in Oracle by 28.6% during the 3rd quarter. William Blair Investment Management LLC now owns 1,107,586 shares of the enterprise software provider’s stock valued at $311,497,000 after purchasing an additional 246,243 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

ORCL has been the subject of several research analyst reports. Wedbush upped their target price on shares of Oracle from $225.00 to $275.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Oracle from $375.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, March 9th. Stephens reiterated an “equal weight” rating and set a $254.00 target price on shares of Oracle in a research note on Tuesday, April 7th. Sanford C. Bernstein set a $313.00 target price on shares of Oracle in a research note on Monday, February 9th. Finally, JPMorgan Chase & Co. upgraded shares of Oracle from a “neutral” rating to an “overweight” rating and cut their target price for the company from $230.00 to $210.00 in a research note on Wednesday, March 11th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.46.

Get Our Latest Stock Analysis on Oracle

Oracle Stock Performance

NYSE:ORCL opened at $181.36 on Wednesday. Oracle Corporation has a 12-month low of $134.57 and a 12-month high of $345.72. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66. The firm has a market capitalization of $521.61 billion, a PE ratio of 32.56, a price-to-earnings-growth ratio of 1.78 and a beta of 1.55. The firm has a 50-day moving average price of $164.17 and a 200 day moving average price of $180.90.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The firm had revenue of $17.19 billion during the quarter, compared to analyst estimates of $16.91 billion. During the same quarter in the prior year, the business posted $1.47 earnings per share. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Research analysts anticipate that Oracle Corporation will post 6.08 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. Oracle’s dividend payout ratio (DPR) is 35.91%.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

Insider Activity

In related 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 completion of the sale, the executive vice president owned 3,429 shares in the company, valued at $604,155.51. This trade represents a 81.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by company insiders.

Oracle 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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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