Oracle Corporation $ORCL Stock Position Reduced by Aberdeen Group plc

Aberdeen Group plc cut its position in shares of Oracle Corporation (NYSE:ORCL) by 64.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 695,231 shares of the enterprise software provider’s stock after selling 1,238,407 shares during the period. Aberdeen Group plc’s holdings in Oracle were worth $95,455,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Pilgrim Partners Asia Pte Ltd purchased a new stake in Oracle during the third quarter valued at $25,000. Foresight Capital Management Advisors Inc. bought a new stake in shares of Oracle in the 3rd quarter worth about $26,000. North Point Portfolio Managers Corp OH purchased a new stake in shares of Oracle during the 3rd quarter valued at about $27,000. Persistent Asset Partners Ltd purchased a new stake in shares of Oracle during the 2nd quarter valued at about $29,000. Finally, Strengthening Families & Communities LLC raised its position in shares of Oracle by 231.3% during the 3rd quarter. Strengthening Families & Communities LLC now owns 222 shares of the enterprise software provider’s stock valued at $30,000 after buying an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Latest Oracle News

Here’s some of the latest news about ORCL:

• Positive Sentiment: The U.S. Department of Veterans Affairs and Department of War have begun participating in Oracle Health Information Network, expanding access to health records across providers. The rollout supports Oracle Health’s reach with major public-sector customers, though the announcement did not specify financial terms. Department of Veterans Affairs and Department of War Go-Live on Oracle Health Information Network
• Positive Sentiment: Analyst support may help bolster the stock after its decline: HSBC included Oracle among stocks to buy on the dip, while Stephens upgraded the shares, according to the articles. HSBC Says Buy the Dip in These 11 Stocks Why Stephens Upgraded Oracle
• Neutral Sentiment: DBS maintained a Buy rating and a $290 price target, but cut its target from $310. The call suggests substantial potential upside in the analyst’s view, while the reduction reflects a more cautious valuation outlook. DBS’s Oracle Target Still Implies Upside After a Cut

Insider Transactions at Oracle

In other 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 value of $399,122.70. Following the transaction, the executive vice president owned 64,357 shares of the company’s stock, valued at $9,762,956.90. The trade was a 3.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael Sicilia sold 22,562 shares of the business’s 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 transaction, the chief executive officer owned 182,929 shares of the company’s stock, valued at approximately $27,730,207.11. This trade represents a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 36,075 shares of company stock valued at $5,342,123 in the last 90 days. Insiders own 38.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ORCL. Freedom Broker lowered 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. DA Davidson reissued a “buy” rating and set a $225.00 target price on shares of Oracle in a research report on Friday, September 11th. Yorkville Ives initiated coverage on Oracle in a research report on Wednesday, October 7th. They set an “in-line” rating and a $155.00 target price on the stock. Oppenheimer restated an “outperform” rating and set a $275.00 price target on shares of Oracle in a report on Thursday, October 29th. Finally, Stifel Nicolaus lowered their price target on Oracle from $220.00 to $200.00 and set a “buy” 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-seven have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.27.

Oracle Trading Down 1.4%

ORCL traded down $1.80 during trading hours on Friday, reaching $125.31. 22,531,370 shares of the company’s stock traded hands, compared to its average volume of 42,601,664. The firm has a 50-day moving average price of $136.65 and a 200 day moving average price of $154.07. The firm has a market capitalization of $378.91 billion, a PE ratio of 19.64, a PEG ratio of 0.89 and a beta of 1.79. 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 52-week low of $109.21 and a 52-week high of $250.25.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.18. The company had revenue of $19.34 billion during 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 firm’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, sell-side analysts predict that Oracle Corporation will post 6.71 EPS for the current fiscal year.

Oracle Dividend Announcement

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

About Oracle

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.