8,885 Oracle Corporation $ORCL Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC decreased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 64.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,800 shares of the enterprise software provider’s stock after selling 8,885 shares during the period. Riverbridge Partners LLC’s holdings in Oracle were worth $659,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Oracle by 0.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,680,278 shares of the enterprise software provider’s stock valued at $2,151,395,000 after purchasing an additional 123,294 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Oracle by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 13,251,059 shares of the enterprise software provider’s stock worth $1,949,363,000 after buying an additional 384,984 shares in the last quarter. Amundi boosted its holdings in Oracle by 1.5% during the second quarter. Amundi now owns 9,878,184 shares of the enterprise software provider’s stock worth $1,447,648,000 after buying an additional 144,087 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Oracle by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,586,492 shares of the enterprise software provider’s stock worth $1,262,827,000 after buying an additional 147,048 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its position in Oracle by 1.0% in the second quarter. First Eagle Investment Management LLC now owns 8,516,878 shares of the enterprise software provider’s stock worth $1,248,148,000 after buying an additional 81,700 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In other Oracle news, EVP Maria Smith sold 2,631 shares of Oracle stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total transaction of $399,122.70. Following the transaction, the executive vice president directly owned 64,357 shares in the company, valued at approximately $9,762,956.90. The trade was a 3.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Stephen Rusckowski bought 25,000 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were purchased at an average cost of $139.35 per share, for a total transaction of $3,483,750.00. Following the completion of the purchase, the director owned 25,390 shares in the company, valued at approximately $3,538,096.50. This trade represents a 6,410.26% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders sold 36,075 shares of company stock valued at $5,342,123. Company insiders own 38.40% of the company’s stock.

Oracle Stock Performance

Shares of ORCL opened at $128.46 on Thursday. Oracle Corporation has a one year low of $109.21 and a one year high of $250.25. The company has a 50-day moving average of $137.60 and a two-hundred day moving average of $154.59. The stock has a market cap of $388.42 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 0.83 and a beta of 1.79. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.17 and a quick ratio of 1.17.

Oracle (NYSE:ORCL) last released its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.18. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The business had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $19.13 billion. During the same period last year, the firm posted $1.47 earnings per share. The firm’s quarterly revenue was up 29.6% compared to the same quarter last year. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. On average, equities research analysts expect that Oracle Corporation will post 6.71 earnings per share for the current year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 9th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. Oracle’s dividend payout ratio (DPR) is currently 31.35%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Argus reaffirmed a “buy” rating and issued a $225.00 price target on shares of Oracle in a report on Monday, September 14th. UBS Group raised their price objective on Oracle from $245.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, September 11th. Royal Bank Of Canada reduced their price objective on Oracle from $190.00 to $165.00 and set a “sector perform” rating for the company in a research note on Friday, September 11th. BMO Capital Markets decreased their target price on Oracle from $220.00 to $195.00 and set an “outperform” rating on the stock in a report on Friday, September 11th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Oracle in a research report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $249.27.

Top Oracle Stories

Here are a few of the latest stories about ORCL:

• Positive Sentiment: CoreWeave’s results lifted AI stocks. CoreWeave beat expectations, raised its outlook, and said it would rely less on unsecured borrowing and more on financing such as customer prepayments. This helped reduce worries about AI infrastructure funding that had weighed on Oracle. Why Oracle Stock Is Up Today
• Positive Sentiment: Analysts see Oracle as better positioned for potential data-center restrictions. Mizuho said Oracle’s five largest data-center sites are already under construction, potentially reducing its exposure to new limits on building. Oracle’s CFO also said the company plans to add 7 gigawatts of data-center capacity. Oracle Stock Just Surged After CoreWeave Earnings
• Positive Sentiment: Management outlined a path to stronger cash generation. CFO Hilary Maxson said Oracle expects to become cash-flow positive in the second half of fiscal 2028 and generate more than $30 billion in free cash flow in fiscal 2029, with the outlook depending partly on capital spending peaking. Oracle CFO Promises More Than $30 Billion in Free Cash Flow

Oracle Company Profile

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications. Oracle’s offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.