20,712 Oracle Corporation $ORCL Shares Acquired by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC boosted its stake in shares of Oracle Corporation (NYSE:ORCL) by 1,203.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 22,433 shares of the enterprise software provider’s stock after acquiring an additional 20,712 shares during the period. Provenance Wealth Advisors LLC’s holdings in Oracle were worth $3,080,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sherman Asset Management Inc. boosted its holdings in Oracle by 5.5% in the 1st quarter. Sherman Asset Management Inc. now owns 1,054 shares of the enterprise software provider’s stock worth $155,000 after buying an additional 55 shares during the last quarter. Gould Asset Management LLC CA increased 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 in the last quarter. One Charles Private Wealth Services LLC increased 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 in the last quarter. Main Street Group LTD raised its holdings in shares of Oracle by 3.9% during the first quarter. Main Street Group LTD now owns 1,662 shares of the enterprise software provider’s stock valued at $245,000 after acquiring an additional 63 shares during the last quarter. Finally, Capstone Financial Advisors Inc. raised its holdings in shares of Oracle by 3.6% during the second quarter. Capstone Financial Advisors Inc. now owns 1,809 shares of the enterprise software provider’s stock valued at $265,000 after acquiring an additional 63 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle priced $10 billion of new shares at $116 each and $10 billion of notes, completing the funding amount it had indicated it could raise. Baird said the financing was “exactly what they previewed,” helping investors view the announcement as execution of an existing plan rather than a new funding surprise. Oracle rebounds as Baird comments on the $20 billion raise
• Positive Sentiment: Some analysts see the pullback as an opportunity: Oracle was upgraded by Stephens to Overweight, with a $213 price target, while a Seeking Alpha contributor also upgraded the stock to Buy. The bullish view cites Oracle’s growth targets and management’s forecast for free cash flow to turn positive in the second half of fiscal 2028. Stephens upgrades Oracle
• Neutral Sentiment: The capital raise supports Oracle’s substantial AI infrastructure buildout and clarifies the near-term funding plan. However, the company’s longer-term growth targets depend on converting that investment into revenue and cash flow. Oracle recovery and growth outlook
• Negative Sentiment: The offering remains a significant investor concern. Issuing 86.2 million shares at a discount dilutes existing shareholders, while the notes carry high interest rates, adding to financing costs. Oracle’s substantial debt and heavy AI spending have renewed questions about how quickly the investment will pay off. Oracle announces pricing of stock and senior notes

Analyst Ratings Changes

A number of brokerages have recently issued reports on ORCL. Guggenheim reaffirmed a “buy” rating on shares of Oracle in a research note on Thursday, October 29th. BMO Capital Markets reduced their price objective on Oracle from $220.00 to $195.00 and set an “outperform” rating for the company in a research note on Friday, September 11th. Jefferies Financial Group restated a “buy” rating and issued a $290.00 price objective (down from $320.00) on shares of Oracle in a report on Thursday, September 10th. Rothschild & Co Redburn lowered their target price on shares of Oracle from $155.00 to $110.00 and set a “sell” rating on the stock in a research note on Monday, July 20th. Finally, BTIG Research assumed coverage on shares of Oracle in a research note on Monday. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $249.27.

Insider Buying and Selling

In related news, EVP Maria Smith sold 2,631 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total transaction 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 approximately $9,762,956.90. This trade represents a 3.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael Sicilia sold 22,562 shares of the business’s stock in a transaction dated 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 owned 182,929 shares in the company, valued at approximately $27,730,207.11. This trade represents a 10.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 36,075 shares of company stock valued at $5,342,123. 38.40% of the stock is currently owned by insiders.

Oracle Trading Up 5.8%

Shares of Oracle stock opened at $126.14 on Wednesday. The stock has a 50 day moving average of $140.93 and a 200 day moving average of $156.43. 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 firm has a market capitalization of $381.41 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 0.83 and a beta of 1.79. Oracle Corporation has a fifty-two week low of $114.50 and a fifty-two week high of $255.28.

Oracle (NYSE:ORCL) last posted its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $19.13 billion. During the same quarter in the previous year, the business earned $1.47 earnings per share. The company’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, research analysts predict that Oracle Corporation will post 6.72 earnings per share for the current year.

Oracle Announces Dividend

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

About Oracle

Oracle Corporation (NYSE: ORCL) is a global technology company that develops enterprise software, cloud infrastructure and database technologies. Its products help organizations store, manage, analyze and secure data, while supporting business operations across industries and geographies.

The company’s offerings include Oracle Database, Java, Oracle Cloud Infrastructure and a broad portfolio of cloud-based applications. These applications serve functions such as enterprise resource planning, financial management, human resources, supply-chain management, customer experience and industry-specific operations.