Baker Avenue Asset Management LP Sells 4,511 Shares of Oracle Corporation $ORCL

Baker Avenue Asset Management LP decreased its position in shares of Oracle Corporation (NYSE:ORCL) by 2.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 169,655 shares of the enterprise software provider’s stock after selling 4,511 shares during the period. Oracle comprises about 1.1% of Baker Avenue Asset Management LP’s holdings, making the stock its 23rd largest holding. Baker Avenue Asset Management LP’s holdings in Oracle were worth $37,092,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ORCL. Vanguard Group Inc. raised its holdings in Oracle by 2.1% in the second quarter. Vanguard Group Inc. now owns 164,278,874 shares of the enterprise software provider’s stock worth $35,916,290,000 after purchasing an additional 3,353,461 shares in the last quarter. Northern Trust Corp grew its position in shares of Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider’s stock worth $2,760,048,000 after buying an additional 120,889 shares during the period. Norges Bank purchased a new stake in shares of Oracle in the 2nd quarter worth about $4,275,378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Oracle by 0.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider’s stock valued at $1,941,195,000 after acquiring an additional 59,164 shares during the period. Finally, Amundi lifted its position in Oracle by 3.3% during the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider’s stock valued at $1,749,280,000 after acquiring an additional 409,691 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Melius Research raised their target price on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. TD Cowen raised their price objective on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Stephens lifted their price objective on Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research note on Friday, October 17th. Redburn Partners set a $175.00 target price on Oracle in a research note on Thursday, September 25th. Finally, BNP Paribas set a $377.00 price target on Oracle in a report on Wednesday, September 10th. Four analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $322.73.

Oracle Trading Up 1.7%

Shares of NYSE:ORCL opened at $218.04 on Monday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a market cap of $621.59 billion, a P/E ratio of 50.47, a PEG ratio of 2.47 and a beta of 1.66. The stock’s fifty day moving average price is $253.08 and its 200-day moving average price is $240.11.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. Oracle’s dividend payout ratio is 46.30%.

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the transaction, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. This trade represents a 7.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Jeffrey Berg sold 49,365 shares of Oracle stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the sale, the director directly owned 151,999 shares of the company’s stock, valued at $43,018,756.98. The trade was a 24.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 204,254 shares of company stock valued at $60,227,807 in the last ninety days. Corporate insiders own 40.90% of the company’s stock.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.