DAVENPORT & Co LLC Sells 205,246 Shares of Oracle Corporation $ORCL

DAVENPORT & Co LLC reduced its position in shares of Oracle Corporation (NYSE:ORCL) by 60.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 135,175 shares of the enterprise software provider’s stock after selling 205,246 shares during the quarter. DAVENPORT & Co LLC’s holdings in Oracle were worth $26,347,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ORCL. Norges Bank acquired a new position in shares of Oracle during the second quarter worth approximately $4,275,378,000. Jennison Associates LLC lifted its holdings in shares of Oracle by 2,062.4% in the 3rd quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider’s stock worth $2,595,072,000 after purchasing an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. grew its position in Oracle by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 168,960,500 shares of the enterprise software provider’s stock valued at $47,518,451,000 after purchasing an additional 4,681,626 shares during the period. American Century Companies Inc. grew its position in Oracle by 333.7% in the 3rd quarter. American Century Companies Inc. now owns 5,238,006 shares of the enterprise software provider’s stock valued at $1,473,137,000 after purchasing an additional 4,030,382 shares during the period. Finally, Invesco Ltd. increased its stake in Oracle by 42.1% during the 2nd quarter. Invesco Ltd. now owns 8,839,166 shares of the enterprise software provider’s stock valued at $1,932,507,000 after purchasing an additional 2,619,722 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Oracle from $375.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, March 9th. Guggenheim reissued a “buy” rating and set a $400.00 target price on shares of Oracle in a research report on Friday, March 13th. Morgan Stanley lowered their target price on shares of Oracle from $320.00 to $213.00 and set an “equal weight” rating on the stock in a report on Friday, January 23rd. Wells Fargo & Company initiated coverage on shares of Oracle in a research report on Wednesday, December 3rd. They issued an “overweight” rating and a $280.00 price target on the stock. Finally, Sanford C. Bernstein set a $313.00 price target on Oracle in a research note on Monday, February 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $262.91.

Insider Buying and Selling

In other news, EVP Douglas A. Kehring sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $194.89, for a total value of $6,821,150.00. Following the transaction, the executive vice president owned 33,638 shares in the company, valued at $6,555,709.82. The trade was a 50.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Clayton M. Magouyrk sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $155.23, for a total value of $1,552,300.00. Following the completion of the transaction, the chief executive officer directly owned 134,030 shares of the company’s stock, valued at approximately $20,805,476.90. This represents a 6.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 40.90% of the stock is owned by insiders.

Oracle Stock Performance

NYSE ORCL opened at $145.85 on Thursday. The company has a fifty day moving average price of $158.69 and a 200-day moving average price of $213.64. The firm has a market cap of $419.47 billion, a price-to-earnings ratio of 26.18, a PEG ratio of 1.59 and a beta of 1.66. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company had revenue of $17.19 billion for the quarter, compared to analyst estimates of $16.91 billion. During the same period last year, the firm earned $1.47 earnings per share. The firm’s revenue was up 21.7% on a year-over-year basis. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities research analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Thursday, April 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. Oracle’s dividend payout ratio (DPR) is currently 35.91%.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: BofA reinstated coverage on ORCL with a Buy and a $200 price target, citing a large backlog and AI/cloud upside — a major Wall Street vote of confidence that could support upside if execution continues. Read More.
• Positive Sentiment: Oracle rolled out Fusion Agentic Applications, expanded AI Agent Studio and announced AI Database agentic features — product launches designed to embed AI agents into core enterprise apps and databases, strengthening Oracle’s enterprise AI value proposition and recurring cloud revenue potential. Read More.
• Positive Sentiment: Oracle’s executive profile rose after Executive Chairman/CTO Larry Ellison was named to a new presidential tech advisory council — increased policy access and visibility on AI strategy can be a long‑term positive for enterprise vendors. Read More.
• Neutral Sentiment: Analysts and research pieces highlight Oracle’s multicloud/database strategy and recent technical breakouts — these note strong revenue visibility but also call out leverage and franchise risk; useful context for investors but mixed on timing. Read More.
• Negative Sentiment: A torrent of law firms has issued investor alerts and class‑action notices tied to alleged misstatements about AI/data‑center capabilities (class period June 12–Dec 16, 2025) with an April 6 lead‑plaintiff deadline — this legal overhang increases uncertainty, potential costs and headline risk. Read More.
• Negative Sentiment: Bloomberg/Reuters reported Microsoft will rent a Texas data center that had been developed for Oracle and OpenAI — a sign the original project may not produce the partner/cloud win investors hoped for and a potential near‑term revenue/PR negative. Read More.

About Oracle

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.