DAVENPORT & Co LLC Has $95.82 Million Position in Oracle Corporation $ORCL

DAVENPORT & Co LLC lessened its position in Oracle Corporation (NYSE:ORCL) by 60.6% in the 3rd quarter, Holdings Channel reports. The firm owned 340,421 shares of the enterprise software provider’s stock after selling 524,643 shares during the period. DAVENPORT & Co LLC’s holdings in Oracle were worth $95,819,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Winnow Wealth LLC acquired a new stake in Oracle during the 2nd quarter worth $28,000. Kilter Group LLC acquired a new position in Oracle in the second quarter valued at about $30,000. LGT Financial Advisors LLC bought a new stake in shares of Oracle in the second quarter worth about $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC bought a new position in shares of Oracle during the 2nd quarter valued at about $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Maria Smith sold 5,000 shares of Oracle stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the transaction, the executive vice president owned 47,083 shares in the company, valued at approximately $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the transaction, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 133,568 shares of company stock worth $36,771,604. Corporate insiders own 40.90% of the company’s stock.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: MarketBeat: “Phase 2” of the AI cycle — Oracle is benefitting as the infrastructure provider (TikTok JV as anchor tenant, Michigan data‑center update, RPO of ~$523B and strong OCI/GPU growth) — this gives revenue visibility and a path to monetize the massive backlog. Forget The Chips: Oracle Wins Phase 2 of AI
• Positive Sentiment: Analyst bullishness — Wedbush’s Dan Ives and other bullish notes argue accelerating cloud/data‑center conversions could re‑rate ORCL toward higher targets, giving investors a narrative for further upside. Will Oracle Stock Hit $250 in 2026? (Barchart)
• Positive Sentiment: Investor writeups highlighting backlog and OCI momentum — detailed coverage (Seeking Alpha/MarketBeat) underscores multi‑year contracts and rapid OCI GPU revenue growth, reinforcing the case that capex is revenue‑backed rather than speculative. I’m Buying What Oracle Is Building (Seeking Alpha)
• Neutral Sentiment: Mixed analyst/market commentary — some broker notes stay constructive while media pieces document investor confusion about OCI execution and project timelines; that tends to mute immediate momentum until clearer confirmations arrive. Citizens Stays Constructive on Oracle (MSN)
• Neutral Sentiment: Macro/sector tone is slightly bullish — broader tech/AI forecasts lift sentiment for peers including ORCL, but sector moves can both help and exaggerate swings. AVGO, ORCL and MU Forecast (FXEmpire)
• Negative Sentiment: Deal‑control concerns on TikTok JV — reports that U.S. investors may have less influence than expected raise doubts about the commercial upside and have pressured the stock. Oracle Stock Slides Following Reports Of Limited Control In TikTok Deal (Benzinga)
• Negative Sentiment: Insider selling and leverage concerns — recent director/CEO share sales plus commentary (TipRanks, Jim Cramer) highlighting heavy debt and aggressive capex amplify downside risk if the data‑center buildout or cash‑conversion lags. Naomi Seligman Sells 2,223 Shares (InsiderTrades) How Oracle Went from AI Darling to Being the Face of Bubble Fears (TipRanks)

Oracle Stock Performance

Shares of NYSE ORCL opened at $197.24 on Thursday. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a 50 day moving average price of $228.57 and a 200 day moving average price of $242.60. The stock has a market capitalization of $566.70 billion, a PE ratio of 37.08, a price-to-earnings-growth ratio of 1.76 and a beta of 1.66. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Wednesday, December 10th. The enterprise software provider reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.62. The company had revenue of $16.06 billion for the quarter, compared to analysts’ expectations of $16.19 billion. Oracle had a return on equity of 70.60% and a net margin of 25.28%.The business’s revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.47 EPS. Analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be paid a $0.50 dividend. The ex-dividend date is Friday, January 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. Oracle’s dividend payout ratio (DPR) is currently 37.59%.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of research reports. Oppenheimer reissued a “market perform” rating on shares of Oracle in a research note on Thursday, December 11th. BMO Capital Markets cut their price objective on shares of Oracle from $355.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. Sanford C. Bernstein dropped their price target on Oracle from $364.00 to $339.00 and set an “outperform” rating on the stock in a research note on Thursday, December 11th. UBS Group set a $325.00 price objective on Oracle in a research report on Thursday, December 11th. Finally, Piper Sandler cut their target price on Oracle from $380.00 to $290.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average price target of $307.72.

Oracle Profile

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.