Oracle Corporation $ORCL Stock: Narwhal Capital Management Decreases Holdings

Narwhal Capital Management reduced its holdings in shares of Oracle Corporation (NYSE:ORCL) by 21.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 34,218 shares of the enterprise software provider’s stock after selling 9,383 shares during the period. Narwhal Capital Management’s holdings in Oracle were worth $4,698,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ORCL. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Oracle in the 3rd quarter valued at approximately $25,000. Foresight Capital Management Advisors Inc. bought a new position in shares of Oracle during the 3rd quarter worth approximately $26,000. North Point Portfolio Managers Corp OH bought a new position in shares of Oracle during the 3rd quarter worth approximately $27,000. Persistent Asset Partners Ltd bought a new position in shares of Oracle during the 2nd quarter worth approximately $29,000. Finally, Strengthening Families & Communities LLC boosted its stake in Oracle by 231.3% in 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. Institutional investors own 42.44% of the company’s stock.

Oracle Trading Down 1.6%

ORCL stock opened at $117.87 on Wednesday. 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 twelve month low of $109.21 and a twelve month high of $250.25. The company has a market cap of $356.42 billion, a P/E ratio of 18.48, a PEG ratio of 0.84 and a beta of 1.79. The business has a fifty day moving average of $137.85 and a 200-day moving average of $154.83.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $19.13 billion. During the same period last year, the firm earned $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, equities research analysts expect that Oracle Corporation will post 6.71 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 9th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, October 9th. Oracle’s dividend payout ratio is 31.35%.

Insider Transactions at Oracle

In other Oracle news, EVP Maria Smith sold 2,631 shares of Oracle stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total value of $399,122.70. Following the sale, the executive vice president owned 64,357 shares of the company’s stock, valued at $9,762,956.90. This trade represents a 3.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Michael D. Sicilia sold 22,562 shares of Oracle 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 sale, the chief executive officer directly owned 182,929 shares in the company, valued at approximately $27,730,207.11. This 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 over the last 90 days. 38.40% of the stock is owned by company insiders.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle broke ground on its future Nashville global headquarters, a long-term investment intended to support growth in cloud, AI and healthcare and create thousands of jobs. Oracle Nashville headquarters announcement
• Positive Sentiment: The company launched AI-assisted treasury and customer analytics applications for financial institutions, adding to its cloud and AI product offerings. Oracle financial analytics announcement
• Neutral Sentiment: Oracle says renewed rentals of older GPUs were priced at a premium, suggesting some continued demand for its existing AI capacity; however, this does not offset uncertainty around specific customer contracts. Report on GPU renewals and Microsoft
• Negative Sentiment: Reports said Oracle lost an estimated $7 billion Tencent chip-leasing deal and that Microsoft is winding down an AI-computing arrangement, reportedly because Oracle’s older Nvidia chips no longer meet Microsoft’s requirements. These developments raise questions about infrastructure demand and Oracle’s ability to secure customers for its planned capacity. Report on Tencent and Microsoft contracts
• Negative Sentiment: Commentary highlighted concentration and financing risks: Oracle’s AI backlog is said to rely heavily on OpenAI, while its aggressive data-center spending increases exposure to debt, project execution and potential AI-market setbacks. Analysis of Oracle’s balance sheet and AI contracts

Analysts Set New Price Targets

Several research analysts have issued reports on ORCL shares. Melius Research set a $170.00 price objective on Oracle in a research note on Thursday, October 29th. Stephens upgraded shares of Oracle from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $185.00 to $213.00 in a research note on Monday, November 2nd. DA Davidson restated a “buy” rating and issued a $225.00 target price on shares of Oracle in a research note on Friday, September 11th. The Goldman Sachs Group lowered shares of Oracle from a “neutral” rating to a “sell” rating in a report on Monday, November 2nd. Finally, BMO Capital Markets dropped their target price on shares of Oracle from $220.00 to $195.00 and set an “outperform” rating for the company in a research report on Friday, September 11th. One analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $249.27.

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.