Oracle Corporation $ORCL Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. lowered its position in Oracle Corporation (NYSE:ORCLFree Report) by 51.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,642 shares of the enterprise software provider’s stock after selling 46,648 shares during the quarter. Flputnam Investment Management Co.’s holdings in Oracle were worth $8,701,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC lifted its holdings in Oracle by 290.9% in the 4th quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock worth $25,000 after buying an additional 96 shares in the last quarter. FSA Wealth Management LLC bought a new stake in shares of Oracle in the 3rd quarter worth about $28,000. Joseph Group Capital Management acquired a new stake in shares of Oracle in the 4th quarter valued at about $29,000. Investors Research Corp lifted its position in shares of Oracle by 465.5% during the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock worth $32,000 after purchasing an additional 135 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC lifted its position in shares of Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

Insiders Place Their Bets

In related news, EVP Stuart Levey sold 15,000 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following 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 transaction 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 company insiders.

Analysts Set New Price Targets

ORCL has been the topic of several research analyst reports. Scotiabank reduced their price target on shares of Oracle from $220.00 to $215.00 and set a “sector outperform” rating on the stock in a research report on Monday, March 9th. Monness Crespi & Hardt reaffirmed a “hold” rating on shares of Oracle in a research report on Wednesday, March 11th. BMO Capital Markets reduced their price target on shares of Oracle from $205.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 11th. JPMorgan Chase & Co. raised shares of Oracle from a “neutral” rating to an “overweight” rating and reduced their price target for the stock from $230.00 to $210.00 in a research report on Wednesday, March 11th. Finally, Stifel Nicolaus reduced their price target on shares of Oracle from $275.00 to $220.00 and set a “buy” rating on the stock in a research report on Wednesday, March 11th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $261.46.

View Our Latest Report on Oracle

Oracle Price Performance

ORCL opened at $190.73 on Thursday. The firm has a market cap of $548.54 billion, a price-to-earnings ratio of 34.24, a price-to-earnings-growth ratio of 1.84 and a beta of 1.55. Oracle Corporation has a fifty-two week low of $134.57 and a fifty-two week high of $345.72. The company’s 50-day moving average price is $168.38 and its 200 day moving average price is $178.27. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings data on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.08. The firm had revenue of $17.19 billion for the quarter, compared to analyst estimates of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. Oracle’s quarterly revenue was up 21.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, sell-side analysts expect that Oracle Corporation will post 6.08 earnings per share for the current year.

Oracle Announces Dividend

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

About Oracle

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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