Oracle Corporation $ORCL Shares Sold by Global Assets Advisory LLC

Global Assets Advisory LLC reduced its stake in shares of Oracle Corporation (NYSE:ORCL) by 61.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,436 shares of the enterprise software provider’s stock after selling 5,507 shares during the quarter. Global Assets Advisory LLC’s holdings in Oracle were worth $670,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ORCL. Vanguard Group Inc. grew its stake in Oracle by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider’s stock worth $34,070,674,000 after buying an additional 5,841,584 shares during the last quarter. American Century Companies Inc. grew its stake in Oracle by 333.7% during the 3rd quarter. American Century Companies Inc. now owns 5,238,006 shares of the enterprise software provider’s stock worth $1,473,137,000 after buying an additional 4,030,382 shares during the last quarter. Amundi grew its stake in Oracle by 32.9% during the 3rd quarter. Amundi now owns 9,636,090 shares of the enterprise software provider’s stock worth $2,809,609,000 after buying an additional 2,385,556 shares during the last quarter. SG Americas Securities LLC grew its stake in Oracle by 921.6% during the 4th quarter. SG Americas Securities LLC now owns 2,311,815 shares of the enterprise software provider’s stock worth $450,596,000 after buying an additional 2,085,514 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in Oracle by 456.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,291,058 shares of the enterprise software provider’s stock worth $446,550,000 after buying an additional 1,879,448 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Trading Up 0.0%

NYSE:ORCL opened at $192.13 on Tuesday. Oracle Corporation has a 1 year low of $134.57 and a 1 year high of $345.72. The stock has a market cap of $552.58 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 1.83 and a beta of 1.55. The business has a fifty day moving average of $166.93 and a 200-day moving average of $179.05. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35.

Oracle (NYSE:ORCL) last released 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 return on equity of 62.70% and a net margin of 25.30%.The company had revenue of $17.19 billion during the quarter, compared to analysts’ expectations of $16.91 billion. During the same quarter in the prior year, the business posted $1.47 earnings per share. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Equities analysts predict that Oracle Corporation will post 6.08 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were issued a $0.50 dividend. The ex-dividend date was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Oracle’s dividend payout ratio is 35.91%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Arete Research set a $255.00 price objective on Oracle and gave the stock a “buy” rating in a research note on Thursday, May 7th. Robert W. Baird lowered their price objective on Oracle from $300.00 to $200.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. Oppenheimer upped their price objective on Oracle from $210.00 to $235.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Scotiabank decreased their price target on Oracle from $220.00 to $215.00 and set a “sector outperform” rating for the company in a research note on Monday, March 9th. Finally, Sanford C. Bernstein set a $313.00 price target on Oracle in a research note on Monday, February 9th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $261.46.

Insider Buying and Selling at Oracle

In other news, EVP Stuart Levey sold 15,000 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total value 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 represents a 81.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 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 Company Profile

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.