Oracle Corporation $ORCL Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lowered its position in Oracle Corporation (NYSE:ORCL) by 43.6% in the third quarter, Holdings Channel.com reports. The fund owned 283,433 shares of the enterprise software provider’s stock after selling 219,417 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Oracle were worth $38,915,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Basso Capital Management L.P. bought a new position in shares of Oracle during the 4th quarter worth about $29,000. Maseco LLP bought a new position in Oracle during the first quarter worth about $29,000. Persistent Asset Partners Ltd acquired a new stake in Oracle during the second quarter valued at approximately $29,000. North Point Portfolio Managers Corp OH bought a new stake in shares of Oracle in the 3rd quarter valued at approximately $27,000. Finally, Markowski Investments acquired a new position in shares of Oracle in the 2nd quarter worth approximately $32,000. 42.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ORCL has been the subject of several analyst reports. Citigroup restated a “market outperform” rating on shares of Oracle in a research report on Friday, October 2nd. Phillip Securities cut their price objective on Oracle from $275.00 to $237.00 and set a “buy” rating for the company in a report on Monday, June 15th. Wedbush reduced their target price on shares of Oracle from $275.00 to $240.00 and set an “outperform” rating on the stock in a research note on Thursday, June 11th. Stephens reaffirmed an “equal weight” rating and issued a $175.00 target price on shares of Oracle in a report on Friday, September 11th. Finally, Royal Bank Of Canada dropped their target price on shares of Oracle from $190.00 to $165.00 and set a “sector perform” rating for the company in a research report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Oracle has a consensus rating of “Moderate Buy” and a consensus target price of $251.72.

Insider Activity at Oracle

In related news, CEO Michael Sicilia sold 22,562 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $151.59, for a total value of $3,420,173.58. Following the completion of the transaction, the chief executive officer owned 182,929 shares in the company, valued at $27,730,207.11. The trade was a 10.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Maria Smith sold 2,631 shares of the company’s stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total value 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. This represents a 3.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 36,075 shares of company stock valued at $5,342,123 over the last quarter. Corporate insiders own 38.40% of the company’s stock.

Oracle Stock Performance

Oracle stock opened at $135.35 on Friday. The stock has a 50-day simple moving average of $146.12 and a 200 day simple moving average of $159.15. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.89. Oracle Corporation has a 12-month low of $114.50 and a 12-month high of $322.54. The stock has a market capitalization of $409.25 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 1.02 and a beta of 1.78.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.18. The firm had revenue of $19.34 billion for the quarter, compared to analyst estimates of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The company’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.47 EPS. 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, research analysts anticipate that Oracle Corporation will post 6.69 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.5%. Oracle’s dividend payout ratio (DPR) is currently 31.35%.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle received support from Mizuho, which added the company to its top-picks list and assigned a $320 price target, citing strong demand for Oracle Cloud Infrastructure and AI services. Oracle and these 6 stocks are newest addition to Mizuho Top Picks list
• Positive Sentiment: Oracle signed a virtual power purchase agreement with Scout Clean Energy for most of the output from a 300-megawatt Texas wind farm. The agreement supports Oracle’s plan to invest in more than 1.7 gigawatts of renewable energy in Texas and may improve the long-term power profile of its data-center expansion. Oracle taps Scout Clean for wind power in Texas
• Positive Sentiment: Director Stephen Rusckowski reportedly purchased $3.5 million of Oracle shares, a modest confidence signal amid heightened volatility. Oracle Insider Buys $3.5 Million in Stock Amid OpenAI Swings

About Oracle

Oracle Corporation (NYSE: ORCL) is a global technology company that develops enterprise software, cloud services and related hardware. Its offerings help businesses manage databases, applications, data, infrastructure and other core information-technology operations.

The company is best known for its Oracle Database, along with cloud-based infrastructure and platform services. Oracle also provides enterprise applications for functions such as finance, human resources, supply-chain management, customer experience and industry-specific operations.