Eastern Bank Sells 10,404 Shares of Oracle Corporation $ORCL

Eastern Bank decreased its stake in Oracle Corporation (NYSE:ORCL) by 2.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 349,123 shares of the enterprise software provider’s stock after selling 10,404 shares during the quarter. Oracle accounts for about 1.7% of Eastern Bank’s portfolio, making the stock its 17th largest position. Eastern Bank’s holdings in Oracle were worth $98,187,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORCL. Swiss National Bank lifted its holdings in shares of Oracle by 7.6% in the second quarter. Swiss National Bank now owns 5,093,200 shares of the enterprise software provider’s stock valued at $1,113,526,000 after purchasing an additional 360,000 shares in the last quarter. Patton Fund Management Inc. raised its position in Oracle by 626.1% in the 3rd quarter. Patton Fund Management Inc. now owns 11,537 shares of the enterprise software provider’s stock valued at $3,245,000 after buying an additional 9,948 shares during the last quarter. Private Wealth Asset Management LLC raised its position in Oracle by 9.2% in the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after buying an additional 321 shares during the last quarter. Soltis Investment Advisors LLC lifted its stake in Oracle by 4.8% in the 2nd quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock valued at $7,201,000 after acquiring an additional 1,515 shares in the last quarter. Finally, Cascade Investment Group Inc. acquired a new position in Oracle during the 2nd quarter worth approximately $239,000. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ORCL shares. Rothschild & Co Redburn began coverage on shares of Oracle in a report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective on the stock. KeyCorp lowered their price target on shares of Oracle from $350.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Citigroup reissued a “market outperform” rating on shares of Oracle in a research report on Wednesday, December 17th. Cowen restated a “buy” rating on shares of Oracle in a report on Thursday, December 4th. Finally, Oppenheimer reissued a “market perform” rating on shares of Oracle in a research report on Thursday, December 11th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $305.50.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Goldman Sachs upgraded Oracle to a “strong‑buy,” reinforcing buy-side conviction and supporting demand in the face of recent weakness. Oracle upgraded by Goldman Sachs – Zacks
• Positive Sentiment: Jefferies reiterated a bullish view and a $400 price target, citing Oracle’s positioning in AI infrastructure — a reminder that some large brokers expect sizable upside tied to AI/cloud adoption. Jefferies’ $400 Oracle (ORCL) Target Reflects Confidence in AI Infrastructure
• Positive Sentiment: Customer win: Community Memorial Hospital selected Oracle Health (including an AI clinical agent and EHR), highlighting product traction in healthcare and recurring-revenue expansion. Such deals underpin the long‑term revenue case. Community Memorial Hospital Chooses Oracle Health – PR Newswire
• Positive Sentiment: MarketBeat named Oracle a leading cross‑cloud/AI infrastructure play in its “5 AI Stocks” roundup, reinforcing the narrative that Oracle can benefit from multi‑cloud AI demand. 5 AI Stocks Positioned to Win, No Matter What – MarketBeat
• Neutral Sentiment: Zacks coverage shows Oracle is a trending stock among users and flags it for further investor attention, but this is descriptive rather than news-driving. Here is What to Know Beyond Why Oracle Corporation (ORCL) is a Trending Stock – Zacks
• Neutral Sentiment: Zacks also highlighted Oracle in an earnings‑beat screening context (Earnings ESP), a neutral research signal that may raise expectations ahead of future results. These 2 Computer and Technology Stocks Could Beat Earnings – Zacks
• Negative Sentiment: High-profile short: Michael Burry has taken a short/put position on Oracle, a development that can pressure sentiment and trigger tactical selling or hedging flows. Oracle (ORCL) Stock: Burry Takes Short Position – Blockonomi
• Negative Sentiment: Analyst/market skepticism pieces argue Oracle’s AI-driven valuation is stretched and that its large debt load (from data center expansion) is a legitimate risk — these narratives weigh on multiples and investor appetite. Oracle: AI-Driven Valuation Is Overextended – Seeking Alpha
• Negative Sentiment: Coverage highlighting debt concerns and investor skepticism (Seeking Alpha, Forbes) reiterates that Oracle’s ~$95B data‑center related debt and recent underperformance vs. the market can justify caution. Oracle Is On A Roll But Debt Burden Fears Seem Valid – Seeking Alpha
• Negative Sentiment: Summaries and explainer pieces (Zacks, Forbes) try to account for recent share weakness — pointing to valuation rotation, profit‑taking after AI rallies, and macro/technical factors that likely triggered today’s downside. Here’s Why Oracle (ORCL) Fell More Than Broader Market – Zacks

Oracle Trading Down 1.2%

Oracle stock opened at $202.21 on Wednesday. The stock has a 50-day simple moving average of $206.42 and a 200 day simple moving average of $242.20. The stock has a market capitalization of $580.97 billion, a P/E ratio of 38.01, a PEG ratio of 1.82 and a beta of 1.65. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.91 and a current ratio of 0.91. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

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

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, January 9th. Oracle’s payout ratio is 37.59%.

Insider Transactions at Oracle

In other news, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the transaction, the director directly owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mark Hura sold 15,000 shares of Oracle stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $196.89, for a total transaction of $2,953,350.00. Following the sale, the insider directly owned 234,077 shares of the company’s stock, valued at $46,087,420.53. The trade was a 6.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 126,588 shares of company stock valued at $33,155,596. Corporate insiders own 40.90% of the company’s stock.

Oracle Company 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.