NewEdge Advisors LLC Sells 49,359 Shares of Oracle Corporation $ORCL

NewEdge Advisors LLC trimmed its position in Oracle Corporation (NYSE:ORCL) by 11.5% in the first quarter, Holdings Channel.com reports. The firm owned 381,102 shares of the enterprise software provider’s stock after selling 49,359 shares during the period. NewEdge Advisors LLC’s holdings in Oracle were worth $56,064,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mpwm Advisory Solutions LLC increased its stake in shares of Oracle by 76.9% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Sherman Asset Management Inc. boosted its stake in Oracle by 5.5% in the 1st quarter. Sherman Asset Management Inc. now owns 1,054 shares of the enterprise software provider’s stock worth $155,000 after purchasing an additional 55 shares during the period. Southern Capital Advisors LLC increased its holdings in Oracle by 1.3% during the 1st quarter. Southern Capital Advisors LLC now owns 4,446 shares of the enterprise software provider’s stock worth $654,000 after purchasing an additional 57 shares in the last quarter. Investment Advisory Group LLC raised its stake in shares of Oracle by 2.9% in the 4th quarter. Investment Advisory Group LLC now owns 2,078 shares of the enterprise software provider’s stock valued at $405,000 after purchasing an additional 58 shares during the period. Finally, Global Financial Private Client LLC lifted its holdings in shares of Oracle by 0.8% in the first quarter. Global Financial Private Client LLC now owns 7,836 shares of the enterprise software provider’s stock valued at $1,153,000 after purchasing an additional 59 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Insider Activity

In related news, Vice Chairman Jeffrey Henley sold 400,000 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total value of $63,664,000.00. Following the completion of the sale, the insider directly owned 400,000 shares in the company, valued at approximately $63,664,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 research analysts recently issued reports on the company. Barclays increased their price objective on Oracle from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Scotiabank reaffirmed an “overweight” rating on shares of Oracle in a research note on Thursday, June 11th. Wolfe Research reiterated an “outperform” rating and issued a $225.00 price objective on shares of Oracle in a report on Thursday, June 11th. DA Davidson boosted their price objective on shares of Oracle from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Finally, CLSA assumed coverage on shares of Oracle in a report on Monday, July 20th. They set a “hold” rating and a $145.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus target price of $263.97.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s cloud ERP and database businesses remain important growth drivers, supporting the company’s long-term expansion outlook. Oracle: Cloud ERP And Oracle Database Software Driving Growth
• Positive Sentiment: Oracle won a joint electronic health-record rollout with Ontario hospitals Baycrest and Sunnybrook, adding to evidence of demand for its healthcare technology. Oracle Lands Joint Ontario Hospital EHR Rollout
• Positive Sentiment: Wall Street analysts remain broadly bullish despite Oracle’s weak performance over the past year, while recent quarterly results showed revenue growth of 20.6% and earnings above consensus estimates. Do Wall Street Analysts Like Oracle Stock?
• Neutral Sentiment: Oracle’s quarterly dividend payment highlights its shareholder-return profile, but the $0.50-per-share payout is unlikely to materially change the near-term trading outlook. Larry Ellison Dividend Article
• Negative Sentiment: Concerns that debt-funded AI data-center investment could push Oracle’s credit rating toward junk status are the clearest fundamental overhang. Higher borrowing costs and leverage could reduce the value of future AI-related cash flows. Oracle AI Expansion and Credit Rating Concerns
• Negative Sentiment: Michael Burry has re-entered put positions on ORCL after previously closing an Oracle short, drawing attention to renewed bearish views on valuation, debt and execution risk. Michael Burry Re-enters Oracle Put Positions
• Negative Sentiment: A lower close across the major U.S. indexes amid uncertainty over the Strait of Hormuz and upcoming jobs data is adding to risk-off pressure on technology stocks. U.S. Markets End Lower Amid Hormuz Uncertainty

Oracle Trading Down 0.7%

Shares of Oracle stock opened at $143.43 on Friday. Oracle Corporation has a 12-month low of $114.50 and a 12-month high of $345.72. The stock has a market cap of $413.14 billion, a P/E ratio of 24.60, a P/E/G ratio of 0.91 and a beta of 1.72. 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 business’s 50 day moving average is $159.80 and its 200-day moving average is $162.72.

Oracle (NYSE:ORCL) last released its 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. The business had revenue of $19.18 billion during the quarter, compared to analysts’ expectations of $19.10 billion. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The firm’s revenue was up 20.6% on a year-over-year basis. During the same period last year, the business earned $1.70 earnings per share. 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 research analysts predict that Oracle Corporation will post 6.47 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, July 10th. Oracle’s dividend payout ratio is presently 34.31%.

About Oracle

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.