Oracle Corporation $ORCL Shares Sold by Harmony Asset Management LLC

Harmony Asset Management LLC reduced its holdings in Oracle Corporation (NYSE:ORCL) by 86.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,484 shares of the enterprise software provider’s stock after selling 16,382 shares during the period. Harmony Asset Management LLC’s holdings in Oracle were worth $365,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. grew its position in Oracle by 109.2% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 592,338 shares of the enterprise software provider’s stock worth $87,137,000 after purchasing an additional 309,127 shares during the period. NFSG Corp boosted its stake in shares of Oracle by 37.4% in the first quarter. NFSG Corp now owns 58,215 shares of the enterprise software provider’s stock worth $8,564,000 after buying an additional 15,838 shares during the last quarter. Ethos Financial Group LLC boosted its stake in shares of Oracle by 2.1% in the first quarter. Ethos Financial Group LLC now owns 6,058 shares of the enterprise software provider’s stock worth $891,000 after buying an additional 125 shares during the last quarter. Luts & Greenleigh Group Inc. grew its holdings in Oracle by 6.6% during the first quarter. Luts & Greenleigh Group Inc. now owns 1,514 shares of the enterprise software provider’s stock worth $223,000 after acquiring an additional 94 shares during the period. Finally, Ellerson Group Inc. ADV grew its holdings in Oracle by 12.9% during the first quarter. Ellerson Group Inc. ADV now owns 34,828 shares of the enterprise software provider’s stock worth $5,124,000 after acquiring an additional 3,990 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Mizuho set a $320.00 price target on Oracle in a report on Wednesday, June 3rd. Arete Research set a $255.00 target price on shares of Oracle and gave the company a “buy” rating in a report on Thursday, May 7th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $284.00 target price on shares of Oracle in a research note on Thursday, June 11th. Piper Sandler increased their price target on shares of Oracle from $210.00 to $225.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Finally, BMO Capital Markets raised their price target on shares of Oracle from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $268.27.

Insiders Place Their Bets

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company’s stock.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle reportedly leads AWS, Microsoft and Google in the race for a classified Japanese government cloud deal, a potential high-profile win that could boost credibility and future revenue. Oracle leads race to supply Japan with top-secret cloud services
• Positive Sentiment: Oracle launched an AI-native builder for Fusion Applications, extending its AI strategy deeper into enterprise workflows and potentially improving long-term cloud growth. Oracle Introduces AI-Native Builder Experience to Create and Run Agentic Applications in Oracle Fusion Applications
• Positive Sentiment: Loews Hotels expanded its Oracle OPERA Cloud rollout, adding another customer proof point for Oracle’s hospitality cloud platform. Oracle OPERA Cloud Central Implements Additional Systems to Further Loews Hotels Delivery of Exceptional Guest Experiences
• Neutral Sentiment: Oracle remains a heavily watched AI stock, with several articles arguing the pullback may have created a value opportunity, but also highlighting that valuation and spending risks remain unresolved. Is Oracle (ORCL) Still Undervalued As AI Spending Tests Profits?
• Negative Sentiment: Bearish commentary continues to focus on Oracle’s debt load, aggressive AI infrastructure spending and execution risk, which may be limiting the stock’s rebound despite strong backlog growth. Oracle: The Massive AI Backlog Won’t Save The Balance Sheet Yet
• Negative Sentiment: Recent pieces also warn that Oracle’s sharp selloff reflects investor concern over rising leverage and heavy capex tied to AI expansion. Oracle Stock Crashes to a 52-Week Low. Here’s Why It Might Be Time to Buy.

Oracle Stock Up 3.5%

Shares of ORCL opened at $132.35 on Thursday. The firm has a market cap of $381.24 billion, a P/E ratio of 22.70, a PEG ratio of 0.80 and a beta of 1.72. Oracle Corporation has a 12 month low of $127.60 and a 12 month high of $345.72. The stock’s 50 day moving average is $180.09 and its two-hundred day moving average is $170.28. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.21.

Oracle (NYSE:ORCL) last announced its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, topping 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 business had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the prior year, the company posted $1.70 EPS. The business’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. Analysts predict that Oracle Corporation will post 6.47 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.5%. Oracle’s dividend payout ratio is currently 34.31%.

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.