5,480 Oracle Corporation $ORCL Shares Sold by Lockheed Martin Investment Management Co.

by · The Markets Daily

Lockheed Martin Investment Management Co. cut its stake in Oracle Corporation (NYSE:ORCL – Free Report) by 31.3% in the third quarter, HoldingsChannel reports. The fund owned 12,020 shares of the enterprise software provider’s stock after selling 5,480 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Oracle were worth $1,650,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ORCL. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Oracle in the third quarter valued at approximately $25,000. Foresight Capital Management Advisors Inc. acquired a new position in Oracle during the 3rd quarter worth $26,000. North Point Portfolio Managers Corp OH acquired a new position in Oracle during the 3rd quarter worth $27,000. Persistent Asset Partners Ltd acquired a new position in Oracle during the 2nd quarter worth $29,000. Finally, Strengthening Families & Communities LLC boosted its position 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 during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Oracle

In other Oracle news, EVP Maria Smith sold 2,631 shares of the 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 transaction, the executive vice president owned 64,357 shares of the company’s stock, valued at approximately $9,762,956.90. This represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael Sicilia sold 22,562 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total value of $3,420,173.58. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 36,075 shares of company stock worth $5,342,123. 38.40% of the stock is owned by insiders.

Oracle Price Performance

Shares of ORCL stock opened at $119.94 on Tuesday. The firm’s 50 day moving average price is $138.49 and its two-hundred day moving average price is $155.13. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. Oracle Corporation has a 52-week low of $109.21 and a 52-week high of $250.25. The stock has a market cap of $362.66 billion, a PE ratio of 18.80, a PEG ratio of 0.87 and a beta of 1.79.

Oracle (NYSE:ORCL – Get Free Report) last issued its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, beating the consensus estimate of $1.74 by $0.18. The company had revenue of $19.34 billion during the quarter, compared to analysts’ expectations of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The business’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the company 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, analysts forecast that Oracle Corporation will post 6.71 EPS for the current year.

Oracle Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ORCL shares. Robert W. Baird set a $215.00 target price on Oracle in a research note on Thursday, October 29th. BMO Capital Markets cut their price target on Oracle from $220.00 to $195.00 and set an “outperform” rating on the stock in a research note on Friday, September 11th. Morgan Stanley cut Oracle from a “positive” rating to an “underweight” rating in a report on Monday, November 2nd. Stifel Nicolaus lowered their price objective on Oracle from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, September 11th. Finally, Royal Bank Of Canada lowered their price objective on Oracle from $190.00 to $165.00 and set a “sector perform” 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $249.27.

Check Out Our Latest Research Report on Oracle

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

  • Positive Sentiment: Oppenheimer still identifies Oracle as one of the software companies positioned to benefit from AI, while ETFs purchased about $111 million of ORCL shares on Thursday—potential signs of investor support. Oppenheimer sees Oracle as an AI winner ETF purchases of Oracle shares
  • Neutral Sentiment: Oracle announced a $1.55 million grant for a Nashville community hub and redevelopment project. The announcement has limited direct relevance to the company’s financial outlook. Oracle community grant announcement
  • Negative Sentiment: Microsoft is reportedly winding down an agreement to rent Oracle AI computing capacity, following Oracle’s cancellation of an estimated $7 billion chip-leasing deal with Tencent. The Microsoft contract may be relatively small, but its loss adds uncertainty about demand; S&P reportedly estimates OpenAI represents about half of Oracle’s backlog, heightening customer-concentration concerns. Microsoft deal and Oracle balance-sheet concerns
  • Negative Sentiment: Several commentaries question Oracle’s financing needs and the durability of demand for its AI infrastructure. One report also notes ING plans to sell data-center loans that include a major Oracle-related project involving OpenAI and SoftBank. These concerns add to pressure on shares, which are well below their 50- and 200-day moving averages. Questions about Oracle AI infrastructure demand Oracle downgrade commentary

Oracle Profile

(Free Report)

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.

Founded in 1977 as Software Development Laboratories, Oracle serves businesses and public-sector organizations across geographies worldwide.

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