Oracle Corporation $ORCL Stock Sold by Kestra Investment Management LLC

Kestra Investment Management LLC cut its stake in shares of Oracle Corporation (NYSE:ORCL) by 43.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,278 shares of the enterprise software provider’s stock after selling 4,093 shares during the quarter. Kestra Investment Management LLC’s holdings in Oracle were worth $725,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ORCL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Oracle by 0.8% during the 2nd 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 in the last quarter. Bank of New York Mellon Corp raised its holdings in Oracle by 3.0% in 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 during the last quarter. Amundi raised its holdings in Oracle by 1.5% in 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 during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of 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 in the last quarter. Finally, First Eagle Investment Management LLC lifted its stake in shares of 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 in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Oracle news, CEO Michael Sicilia sold 22,562 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the completion of the sale, the chief executive officer directly owned 182,929 shares in the company, valued at approximately $27,730,207.11. The trade was a 10.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen Rusckowski purchased 25,000 shares of the stock in a transaction dated 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 acquisition, the director directly 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 quarter, insiders sold 36,075 shares of company stock valued at $5,342,123. Company insiders own 38.40% of the company’s stock.

Latest Oracle News

Here’s some of the latest news about ORCL:

• 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
• Positive Sentiment: Opower showed a tangible utility use case. Oracle said its software helped utilities reduce peak electricity demand by 1 gigawatt across more than 70 events this year, a product milestone that may support demand for its offerings. Utilities Achieve Record Peak Energy Demand Reduction with Oracle
• Negative Sentiment: Financing and contract risks have not disappeared. Reports cited borrowing costs as high as 8.65% on new notes, while Oracle recently lost a reported Tencent deal and a Microsoft contract. These developments underscore execution and funding risks around its large AI infrastructure investment. Oracle Shares Climb as CoreWeave Funding Reset Eases AI Debt Fears

Oracle Price Performance

ORCL opened at $128.46 on Thursday. The company’s 50-day simple moving average is $137.60 and its two-hundred day simple moving average is $154.59. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a market capitalization of $388.42 billion, a P/E ratio of 20.13, a P/E/G ratio of 0.83 and a beta of 1.79. Oracle Corporation has a 52-week low of $109.21 and a 52-week high of $250.25.

Oracle (NYSE:ORCL) last announced its quarterly earnings results 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. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The firm had revenue of $19.34 billion during the quarter, compared to analyst estimates of $19.13 billion. During the same period in the previous year, the business posted $1.47 earnings per share. The business’s revenue for the quarter was up 29.6% on a year-over-year basis. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. As a group, analysts predict that Oracle Corporation will post 6.71 EPS for the current year.

Oracle Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on ORCL shares. CLSA assumed coverage on shares of Oracle in a report on Monday, July 20th. They set a “hold” rating and a $145.00 price target on the stock. Yorkville Ives assumed coverage on shares of Oracle in a report on Wednesday, October 7th. They issued an “in-line” rating and a $155.00 price objective for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $284.00 price objective on shares of Oracle in a research report on Thursday, October 22nd. Argus reiterated a “buy” rating and set a $225.00 target price on shares of Oracle in a research note on Monday, September 14th. Finally, Royal Bank Of Canada reduced their target price on Oracle from $190.00 to $165.00 and set a “sector perform” rating for the company in a report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $249.27.

Oracle 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.