Canandaigua National Bank & Trust Co. Sells 5,290 Shares of Oracle Corporation $ORCL

Canandaigua National Bank & Trust Co. lowered its stake in shares of Oracle Corporation (NYSE:ORCL) by 7.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 63,820 shares of the enterprise software provider’s stock after selling 5,290 shares during the period. Oracle comprises about 0.8% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 27th largest holding. Canandaigua National Bank & Trust Co.’s holdings in Oracle were worth $8,762,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of ORCL. Sherman Asset Management Inc. grew its holdings in Oracle by 5.5% during the first quarter. Sherman Asset Management Inc. now owns 1,054 shares of the enterprise software provider’s stock worth $155,000 after acquiring an additional 55 shares during the period. Southern Capital Advisors LLC lifted its holdings in Oracle by 1.3% in the first quarter. Southern Capital Advisors LLC now owns 4,446 shares of the enterprise software provider’s stock valued at $654,000 after acquiring an additional 57 shares during the period. Global Financial Private Client LLC lifted its holdings in 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 acquiring an additional 59 shares during the period. Key Financial Inc boosted its position in Oracle by 0.4% in the 1st quarter. Key Financial Inc now owns 14,203 shares of the enterprise software provider’s stock worth $2,089,000 after purchasing an additional 62 shares in the last quarter. Finally, Gould Asset Management LLC CA boosted its position in Oracle by 2.0% in the 1st quarter. Gould Asset Management LLC CA now owns 3,172 shares of the enterprise software provider’s stock worth $467,000 after purchasing an additional 62 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other news, EVP Maria Smith sold 2,631 shares of the firm’s stock in a transaction dated 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 directly owned 64,357 shares of the company’s stock, valued at approximately $9,762,956.90. This trade represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Michael Sicilia sold 22,562 shares of the business’s stock in a transaction dated 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 in the company, valued at $27,730,207.11. The trade was a 10.98% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 36,075 shares of company stock valued at $5,342,123. Corporate insiders own 38.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ORCL. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $284.00 target price (up from $229.00) on shares of Oracle in a report on Friday, September 11th. Wolfe Research reissued an “outperform” rating and set a $225.00 price target (down from $275.00) on shares of Oracle in a report on Thursday, June 11th. CLSA began coverage on shares of Oracle in a research report on Monday, July 20th. They set a “hold” rating and a $145.00 price target on the stock. Scotiabank cut their price objective on shares of Oracle from $241.00 to $215.00 and set a “sector outperform” rating for the company in a report on Wednesday, September 9th. Finally, Phillip Securities decreased their price objective on shares of Oracle from $275.00 to $237.00 and set a “buy” rating for the company in a research report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, nine have assigned a Hold rating and one has 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 a consensus price target of $251.72.

Oracle Price Performance

Shares of Oracle stock traded down $0.99 during mid-day trading on Wednesday, reaching $143.78. 15,693,199 shares of the stock traded hands, compared to its average volume of 29,352,422. The stock has a market capitalization of $434.77 billion, a PE ratio of 22.54, a PEG ratio of 1.01 and a beta of 1.78. The business has a 50-day moving average of $145.44 and a 200 day moving average of $159.34. Oracle Corporation has a fifty-two week low of $114.50 and a fifty-two week high of $322.54. 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 issued its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (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 return on equity of 48.85% and a net margin of 26.36%.The business’s revenue was up 29.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.47 earnings per share. 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, analysts predict that Oracle Corporation will post 6.69 EPS for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 9th will be given 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 is Friday, October 9th. Oracle’s dividend payout ratio is 31.35%.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s cloud infrastructure business is growing faster than Amazon Web Services, and analysts see accelerating earnings driven by AI demand. However, Oracle still trails AWS substantially in revenue, making execution and data-center capacity key to closing the gap. Cloud 2027: Can Oracle’s Fastest-Growing Engine Bridge the AWS Gap?
• Positive Sentiment: Oracle reportedly has a cloud backlog of roughly $664 billion, while commentary from investors and analysts characterizes the recent pullback as a potential buying opportunity. A reported deal involving 100,000 AI chips and renewed OpenAI-related demand further support the bullish AI-cloud thesis. High-Beta AI Play: Cerity Partners’ Jim Lebenthal Views Oracle Pullback as Buying Opportunity
• Positive Sentiment: Director Stephen Rusckowski purchased nearly $3.5 million of Oracle stock, providing an insider vote of confidence as the company invests heavily in AI infrastructure. Oracle Got a $3.5 Million Insider Vote of Confidence
• Neutral Sentiment: Oracle signed a virtual power purchase agreement for most of the output of Scout Clean Energy’s 300-megawatt Ranchero Wind Farm in Texas. The agreement supports Oracle’s renewable-energy and data-center strategy but may not materially affect near-term earnings. Scout Clean Energy Announces PPA with Oracle for Texas Wind Energy Farm
• Negative Sentiment: Oracle, Broadcom and SpaceX are reportedly seeking debt financing worth tens of billions of dollars each to fund AI chips. Additional borrowing could accelerate growth, but it also raises leverage, interest expense and financing risk; Oracle already has a debt-to-equity ratio of 1.89. Oracle, Broadcom and SpaceX Seek Blockbuster Debt Deals To Pay for AI Chips
• Negative Sentiment: A Texas attorney general disclosure reportedly linked a 2025 breach of Oracle’s healthcare unit to personal information belonging to nearly 20 million people, including sensitive medical data and Social Security numbers. Potential legal, remediation and reputational costs are an additional overhang. Oracle 2025 Health Breach Compromised Data of 20 Million People
• Negative Sentiment: Investors remain concerned about heavy infrastructure spending, elevated leverage, possible delays to Project Jupiter’s power supply and speculation about additional layoffs. These issues could pressure margins and slow Oracle’s ability to convert its large backlog into profitable growth. Oracle Layoffs Returning in December?

Oracle Company Profile

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.