Oracle Corporation $ORCL Shares Purchased by Sovran Advisors LLC

Sovran Advisors LLC raised its stake in shares of Oracle Corporation (NYSE:ORCL) by 1,168.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,402 shares of the enterprise software provider’s stock after buying an additional 23,400 shares during the period. Sovran Advisors LLC’s holdings in Oracle were worth $4,100,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Oakwell Private Wealth Management LLC lifted its stake in shares of Oracle by 11.4% in the 1st quarter. Oakwell Private Wealth Management LLC now owns 8,041 shares of the enterprise software provider’s stock worth $1,183,000 after acquiring an additional 824 shares during the period. Sachetta LLC increased its stake in shares of Oracle by 17.3% during the first quarter. Sachetta LLC now owns 738 shares of the enterprise software provider’s stock valued at $109,000 after acquiring an additional 109 shares during the period. Simplicity Wealth LLC increased its stake in shares of Oracle by 16.3% during the first quarter. Simplicity Wealth LLC now owns 29,471 shares of the enterprise software provider’s stock valued at $4,335,000 after acquiring an additional 4,121 shares during the period. Independence Bank of Kentucky raised its holdings in Oracle by 2.1% during the first quarter. Independence Bank of Kentucky now owns 34,099 shares of the enterprise software provider’s stock worth $5,016,000 after purchasing an additional 710 shares in the last quarter. Finally, Summa Corp. raised its holdings in Oracle by 48.0% during the first quarter. Summa Corp. now owns 3,082 shares of the enterprise software provider’s stock worth $453,000 after purchasing an additional 1,000 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Trading Down 2.4%

Oracle stock traded down $3.53 during midday trading on Friday, reaching $140.69. The stock had a trading volume of 29,697,993 shares, compared to its average volume of 29,851,610. Oracle Corporation has a twelve month low of $134.57 and a twelve month high of $345.72. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market cap of $405.24 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 0.88 and a beta of 1.72. The firm’s fifty day simple moving average is $183.07 and its two-hundred day simple moving average is $171.86.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.15. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The firm had revenue of $19.18 billion for the quarter, compared to analyst estimates of $19.10 billion. During the same period in the previous year, the firm earned $1.70 earnings per share. Oracle’s quarterly 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. Equities analysts anticipate that Oracle Corporation will post 6.47 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s payout ratio is presently 34.31%.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s record AI backlog, stronger fiscal 2027 outlook, and expanding cloud businesses are being highlighted as reasons long-term investors may want to hold the stock despite the recent selloff. Article Title
• Positive Sentiment: Bernstein reiterated support for Oracle, and several articles point to Oracle’s massive cloud backlog and AI-related demand as evidence that the company still has meaningful growth potential. Article Title
• Neutral Sentiment: Oracle announced new partnerships and innovation initiatives, including IMSA Labs and a racing-focused cloud studio, which expand its cloud ecosystem but are not yet material enough to move the stock on their own. Article Title
• Negative Sentiment: S&P Global cut Oracle’s credit rating closer to junk, reinforcing worries about the company’s large debt burden and financing needs for its AI infrastructure buildout. Article Title
• Negative Sentiment: Recent commentary suggests Oracle may be facing concentration risk in its backlog and investor concern over the scale of spending required to support AI growth, which is keeping pressure on the shares. Article Title

Insiders Place Their Bets

In other Oracle news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction that occurred 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 transaction, the executive vice president directly owned 3,429 shares of the company’s stock, valued at $604,155.51. The trade was a 81.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Vice Chairman Jeffrey Henley sold 400,000 shares of the firm’s 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 sale, the insider owned 400,000 shares in the company, valued at $63,664,000. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of research reports. Sanford C. Bernstein boosted their price objective on Oracle from $319.00 to $325.00 and gave the stock an “outperform” rating in a research note on Thursday, June 11th. BTIG Research reaffirmed a “buy” rating and set a $400.00 target price on shares of Oracle in a research note on Friday, June 5th. Guggenheim reaffirmed a “buy” rating and set a $400.00 target price on shares of Oracle in a report on Thursday, June 11th. Arete Research set a $255.00 price target on shares of Oracle and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Wolfe Research restated an “outperform” rating and set a $225.00 price objective on shares of Oracle in a research report on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $268.27.

Oracle 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.