NewEdge Advisors LLC Acquires 28,651 Shares of Oracle Corporation $ORCL

NewEdge Advisors LLC lifted its stake in shares of Oracle Corporation (NYSE:ORCL) by 7.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 409,753 shares of the enterprise software provider’s stock after buying an additional 28,651 shares during the quarter. NewEdge Advisors LLC’s holdings in Oracle were worth $60,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. California State Teachers Retirement System boosted its stake in Oracle by 14,636.4% during the second quarter. California State Teachers Retirement System now owns 382,756,945 shares of the enterprise software provider’s stock worth $56,093,030,000 after acquiring an additional 380,159,589 shares in the last quarter. Norges Bank bought a new stake in Oracle in the fourth quarter valued at $4,336,031,000. Bank of New York Mellon Corp acquired a new position in shares of Oracle during the second quarter valued at about $1,911,930,000. Capital Research Global Investors raised its holdings in shares of Oracle by 29.3% during the fourth quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider’s stock valued at $5,874,070,000 after purchasing an additional 6,826,299 shares during the period. Finally, Cardano Risk Management B.V. boosted its position in shares of Oracle by 882.3% during the 4th quarter. Cardano Risk Management B.V. now owns 4,991,010 shares of the enterprise software provider’s stock worth $972,798,000 after purchasing an additional 4,482,934 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

ORCL stock opened at $162.52 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.21. The firm has a market cap of $468.13 billion, a PE ratio of 27.88, a P/E/G ratio of 1.18 and a beta of 1.74. The business has a 50 day moving average of $140.26 and a 200-day moving average of $160.39. Oracle Corporation has a 12-month low of $114.50 and a 12-month high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, topping the consensus estimate of $1.96 by $0.15. The business had revenue of $19.18 billion for the quarter, compared to analyst estimates of $19.10 billion. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The company’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.70 earnings per share. As a group, sell-side analysts expect that Oracle Corporation will post 6.49 earnings per share for the current year.

Insider Buying and Selling

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the completion of the transaction, the insider directly owned 400,000 shares of the company’s stock, valued at approximately $63,664,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. DA Davidson raised their price objective on Oracle from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Stephens reaffirmed an “equal weight” rating and set a $164.00 target price on shares of Oracle in a research report on Thursday, June 11th. Guggenheim reiterated a “buy” rating and issued a $400.00 target price on shares of Oracle in a report on Tuesday. Wolfe Research reissued an “outperform” rating and issued a $225.00 price target on shares of Oracle in a research report on Thursday, June 11th. Finally, Morgan Stanley boosted their price target on shares of Oracle from $207.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, twenty-eight 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 MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.68.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Analyst optimism supported the stock. Guggenheim named Oracle its “best idea” ahead of earnings, while Morgan Stanley raised its price target and other analysts reiterated Buy ratings. Bullish targets reflect expectations for accelerating Oracle Cloud Infrastructure growth, stronger software demand and potential upside if the company converts its large backlog. Guggenheim Calls Oracle Stock Its Best Idea Ahead of Q1 Earnings
• Positive Sentiment: AI and OpenAI exposure improved sentiment. Oracle’s reported multiyear, roughly $300 billion OpenAI infrastructure arrangement makes it a major beneficiary of expanding AI-compute demand. Optimism around OpenAI’s latest model and Oracle’s role as an AI infrastructure provider renewed interest in the stock. Oracle’s Stock Gets a Boost as the OpenAI Ecosystem Comes Back Into Favor
• Positive Sentiment: The $638 billion remaining performance obligation backlog is a major potential catalyst. Investors see the backlog as evidence of strong future demand and a possible source of significant revenue growth through 2028, particularly if Oracle can accelerate delivery of cloud and AI capacity. Oracle’s Cloud Infrastructure Backlog Could Make It a Leading AI Stock
• Neutral Sentiment: Earnings are the immediate test. Investors will watch cloud growth, backlog conversion, capital spending, free cash flow and any update on financing requirements. Options markets imply an unusually large post-earnings move, underscoring elevated expectations. Oracle’s Backlog Meets Its Balance Sheet
• Negative Sentiment: Financing and cash-flow risks remain significant. Analysts caution that heavy AI infrastructure spending, rising leverage and possible equity or debt financing could limit free cash flow and shareholder returns. Higher interest rates may further pressure Oracle’s borrowing costs. Analyst Maintains Hold on Oracle
• Negative Sentiment: Regulatory uncertainty is an additional overhang. European regulators have asked questions about Oracle’s cloud licensing practices ahead of earnings, creating a potential legal and competitive risk. EU Regulators Warn Oracle Ahead of Earnings

Oracle Company Profile

Oracle Corporation is a global enterprise technology company that develops and provides database software, cloud infrastructure, business applications and related technology services. Its offerings help organizations manage data, run applications, support business operations and build technology environments across on-premises, hybrid and cloud-based settings.

The company’s products include Oracle Database, MySQL, Java, Oracle Cloud Infrastructure and a broad portfolio of cloud applications for enterprise resource planning, financial management, human resources, supply chain management, customer experience and industry-specific operations.