Jeffrey Henley Sells 400,000 Shares of Oracle (NYSE:ORCL) Stock

Oracle Corporation (NYSE:ORCL) Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total transaction 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 filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oracle Stock Down 2.5%

Shares of NYSE ORCL traded down $3.78 during trading on Friday, reaching $148.68. 36,107,595 shares of the stock were exchanged, compared to its average volume of 27,535,232. The business’s 50-day moving average price is $189.96 and its 200 day moving average price is $175.88. Oracle Corporation has a twelve month low of $134.57 and a twelve month high of $345.72. The company has a quick ratio of 1.35, a current ratio of 1.12 and a debt-to-equity ratio of 3.21. The company has a market capitalization of $428.27 billion, a price-to-earnings ratio of 25.50, a price-to-earnings-growth ratio of 0.99 and a beta of 1.65.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The business had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same period last year, the business earned $1.70 EPS. The business’s revenue 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. As a group, equities analysts forecast that Oracle Corporation will post 6.46 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s payout ratio is presently 34.31%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reduced their target price on Oracle from $375.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, March 9th. Wedbush dropped their target price on shares of Oracle from $275.00 to $240.00 and set an “outperform” rating for the company in a research report on Thursday, June 11th. BMO Capital Markets increased their price target on shares of Oracle from $200.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, June 11th. Mizuho set a $320.00 price objective on Oracle in a research note on Wednesday, June 3rd. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $268.27.

Institutional Trading of Oracle

Several hedge funds have recently made changes to their positions in ORCL. Redwood Investment Management LLC grew its stake in Oracle by 11.9% during the 1st quarter. Redwood Investment Management LLC now owns 6,267 shares of the enterprise software provider’s stock worth $922,000 after buying an additional 667 shares during the last quarter. Ballast Advisors LLC boosted its holdings in shares of Oracle by 3.6% during the first quarter. Ballast Advisors LLC now owns 4,896 shares of the enterprise software provider’s stock valued at $720,000 after acquiring an additional 169 shares during the period. Sapient Capital LLC boosted its holdings in shares of Oracle by 15.2% during the first quarter. Sapient Capital LLC now owns 14,655 shares of the enterprise software provider’s stock valued at $2,156,000 after acquiring an additional 1,935 shares during the period. Southern Financial Group LLC grew its position in shares of Oracle by 18.8% during the first quarter. Southern Financial Group LLC now owns 3,322 shares of the enterprise software provider’s stock worth $489,000 after acquiring an additional 525 shares during the last quarter. Finally, S&A Financial Services Inc. acquired a new stake in shares of Oracle in the 1st quarter worth about $247,000. Institutional investors own 42.44% of the company’s stock.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s record $638 billion backlog continues to support long-term revenue visibility, suggesting demand for its cloud infrastructure and AI services remains strong. Oracle’s Contract Backlog Swells: Is Long-Term Revenue Growth Secured?
• Positive Sentiment: Oracle Health announced a partnership with Theator to automate surgical reporting using AI and Oracle Cloud Infrastructure, highlighting new real-world use cases for its AI platform. Oracle Health (ORCL), Theator Partner to Automate Surgical Reporting with AI
• Neutral Sentiment: Wall Street sentiment remains broadly positive, with one article citing 36 buy ratings and a view that Oracle could have significant upside if AI demand continues to compound. Wall Street Has 36 Buy Ratings on Oracle. Here’s How We See 47% Upside
• Negative Sentiment: OpenAI IPO delay fears added to the AI sector selloff, weighing on Oracle along with other AI-linked names as investors reassessed near-term enthusiasm for the trade. OpenAI May Push Back Highly-Anticipated IPO to 2027, Slamming SoftBank and Oracle Shares
• Negative Sentiment: Bearish commentary also focused on Oracle’s aggressive AI spending and job cuts, with critics arguing the company is becoming more capital intensive while trying to justify its valuation. Oracle’s AI Spend Outruns Cloud Revenues: What’s Ahead for the Stock?

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.