Rockland Trust Co. lowered its holdings in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 85.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,827 shares of the enterprise software provider’s stock after selling 91,261 shares during the quarter. Rockland Trust Co.’s holdings in Oracle were worth $2,319,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of ORCL. Beacon Bank & Trust increased its position in shares of Oracle by 2.9% in the second quarter. Beacon Bank & Trust now owns 4,407 shares of the enterprise software provider’s stock valued at $646,000 after buying an additional 124 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Oracle by 829.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 38,358 shares of the enterprise software provider’s stock worth $5,621,000 after buying an additional 34,231 shares during the period. Trust Point Inc. lifted its position in shares of Oracle by 50.2% during the 2nd quarter. Trust Point Inc. now owns 15,925 shares of the enterprise software provider’s stock valued at $2,334,000 after buying an additional 5,319 shares in the last quarter. AAFMAA Wealth Management & Trust LLC acquired a new stake in Oracle in the 2nd quarter valued at $483,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in Oracle by 6,936.1% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 2,533 shares of the enterprise software provider’s stock valued at $371,000 after acquiring an additional 2,497 shares during the period. 42.44% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Oracle
In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $159.16, for a total value of $63,664,000.00. Following the completion of the sale, the insider directly owned 400,000 shares of the company’s stock, valued at $63,664,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 insiders.
Oracle Trading Up 2.4%
Oracle (NYSE:ORCL – Get Free Report) last posted its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The firm had revenue of $19.18 billion for the quarter, compared to the consensus estimate of $19.10 billion. During the same period last year, the firm posted $1.70 earnings per share. The company’s revenue for the quarter was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. Research analysts forecast that Oracle Corporation will post 6.47 earnings per share for the current fiscal year.
Oracle Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, July 10th. Oracle’s payout ratio is currently 34.31%.
Analyst Ratings Changes
A number of research firms have weighed in on ORCL. Sanford C. Bernstein upped their price objective on shares of Oracle from $319.00 to $325.00 and gave the stock an “outperform” rating in a research report on Thursday, June 11th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $190.00 target price on shares of Oracle in a research report on Thursday, June 11th. Citigroup reissued a “market outperform” rating on shares of Oracle in a research note on Thursday, June 11th. Piper Sandler upped their price target on shares of Oracle from $210.00 to $225.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Finally, Moffett Nathanson set a $325.00 price target on shares of Oracle in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $263.97.
View Our Latest Report on Oracle
Oracle News Roundup
Here are the key news stories impacting Oracle this week:
- Positive Sentiment: Oracle’s cloud infrastructure and AI businesses continue to attract strong demand, supported by a record backlog and optimism that the company can sustain rapid growth. Recent earnings also showed revenue increasing 20.6% year over year, with earnings and sales exceeding analyst expectations. Oracle Surges: What’s Driving the Sudden Rally
- Positive Sentiment: Some analysts remain bullish despite Oracle’s recent selloff. Wall Street’s long-term outlook reflects expectations that cloud ERP, database software and AI infrastructure could support substantial upside if Oracle converts its backlog into profitable revenue. Oracle: Cloud ERP And Oracle Database Software Driving Growth
- Neutral Sentiment: UBS lowered its Oracle price target to $245 from $285 but retained a Buy rating. The firm cited risks involving AI infrastructure spending, returns on invested capital, credit markets and Oracle’s exposure to OpenAI, suggesting analysts see meaningful long-term potential but greater execution risk. Oracle price target lowered by UBS amid AI spending concerns
- Negative Sentiment: Investors remain concerned that Oracle is funding its AI data-center buildout with substantial borrowing. Warnings about weaker returns, credit-rating pressure and higher financing costs could weigh on future margins and shareholder returns. Borrowing to the Brink: How Oracle’s AI Expansion Put Its Credit Rating on Life Support
- Negative Sentiment: Investor Michael Burry reportedly reopened a bearish Oracle position, arguing that AI-related technology stocks and data-center spending may be overvalued. The reports are contradictory about whether he fully exited or re-entered the trade, but the publicity reinforces near-term skepticism surrounding ORCL. Michael Burry says he’s shorting AI stars Oracle and Nebius
About Oracle
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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