Oracle Corporation $ORCL Stock Sold by King Luther Capital Management Corp

King Luther Capital Management Corp lessened its stake in Oracle Corporation (NYSE:ORCL) by 12.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,294,089 shares of the enterprise software provider’s stock after selling 179,603 shares during the period. King Luther Capital Management Corp’s holdings in Oracle were worth $177,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Sherman Asset Management Inc. boosted its position in shares of Oracle by 5.5% in the 1st quarter. Sherman Asset Management Inc. now owns 1,054 shares of the enterprise software provider’s stock valued at $155,000 after purchasing an additional 55 shares during the period. Gould Asset Management LLC CA grew its stake in Oracle by 2.0% during the 1st quarter. Gould Asset Management LLC CA now owns 3,172 shares of the enterprise software provider’s stock worth $467,000 after buying an additional 62 shares during the last quarter. One Charles Private Wealth Services LLC grew its stake in Oracle by 1.6% during the 1st quarter. One Charles Private Wealth Services LLC now owns 3,859 shares of the enterprise software provider’s stock worth $568,000 after buying an additional 62 shares during the last quarter. Main Street Group LTD grew its stake in Oracle by 3.9% during the 1st quarter. Main Street Group LTD now owns 1,662 shares of the enterprise software provider’s stock worth $245,000 after buying an additional 63 shares during the last quarter. Finally, Capstone Financial Advisors Inc. increased its position in Oracle by 3.6% during the second quarter. Capstone Financial Advisors Inc. now owns 1,809 shares of the enterprise software provider’s stock worth $265,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ORCL shares. Freedom Broker reduced their price objective on Oracle from $210.00 to $205.00 and set a “buy” rating for the company in a research note on Monday, September 14th. Guggenheim restated a “buy” rating on shares of Oracle in a research report on Thursday, October 29th. Citigroup reaffirmed a “market outperform” rating on shares of Oracle in a report on Thursday, October 29th. Melius Research set a $170.00 target price on shares of Oracle in a report on Thursday, October 29th. Finally, UBS Group upped their price target on shares of Oracle from $245.00 to $250.00 and gave the company a “buy” rating in a research 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. According to data from MarketBeat, Oracle currently has an average rating of “Moderate Buy” and a consensus price target of $249.27.

Insiders Place Their Bets

In other news, CEO Michael Sicilia sold 22,562 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the completion of the transaction, the chief executive officer directly owned 182,929 shares of the company’s stock, valued at approximately $27,730,207.11. This represents a 10.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Maria Smith sold 2,631 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total value of $399,122.70. Following the completion of the sale, the executive vice president directly owned 64,357 shares of the company’s stock, valued at $9,762,956.90. This represents a 3.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 36,075 shares of company stock worth $5,342,123. Company insiders own 38.40% of the company’s stock.

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: 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

Oracle Stock Performance

Shares of ORCL stock opened at $128.46 on Thursday. The stock has a market capitalization of $388.42 billion, a PE ratio of 20.13, a price-to-earnings-growth 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. The stock’s 50-day moving average price is $137.60 and its 200 day moving average price is $154.59. 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 (NYSE:ORCL) last posted its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.18. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The company had revenue of $19.34 billion during the quarter, compared to analysts’ expectations of $19.13 billion. During the same period last year, the firm earned $1.47 EPS. The firm’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, equities research analysts forecast that Oracle Corporation will post 6.71 EPS for the current year.

Oracle Dividend Announcement

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

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.