Oracle (NYSE:ORCL) Cut to Hold at Erste Group Bank

Oracle (NYSE:ORCL) was downgraded by Erste Group Bank from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, MarketBeat reports.

Several other analysts have also commented on the stock. Cowen reaffirmed a “buy” rating on shares of Oracle in a research report on Friday, October 17th. Piper Sandler raised their target price on Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, October 17th. BNP Paribas set a $377.00 price target on Oracle in a research note on Wednesday, September 10th. Redburn Partners set a $175.00 price objective on Oracle in a research report on Thursday, September 25th. Finally, Baird R W upgraded Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Price Performance

Shares of NYSE:ORCL traded up $2.35 during mid-day trading on Monday, reaching $241.61. The stock had a trading volume of 5,689,239 shares, compared to its average volume of 15,394,159. Oracle has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The business’s 50 day moving average price is $279.32 and its 200 day moving average price is $231.30. The company has a market cap of $688.78 billion, a P/E ratio of 55.86, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle will post 5 EPS for the current fiscal year.

Insider Transactions at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the sale, the director owned 151,999 shares in the company, valued at approximately $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. Corporate insiders own 40.90% of the company’s stock.

Hedge Funds Weigh In On Oracle

Large investors have recently modified their holdings of the stock. Winnow Wealth LLC bought a new position in shares of Oracle during the 2nd quarter worth approximately $28,000. Kilter Group LLC purchased a new stake in Oracle in the 2nd quarter valued at $30,000. Darwin Wealth Management LLC lifted its position in Oracle by 130.0% in the third quarter. Darwin Wealth Management LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 65 shares during the last quarter. LGT Financial Advisors LLC purchased a new stake in shares of Oracle during the second quarter worth $33,000. Finally, Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth about $34,000. Institutional investors own 42.44% of the company’s stock.

About Oracle

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.