Canvas Wealth Advisors LLC Purchases 6,311 Shares of Oracle Corporation $ORCL

Canvas Wealth Advisors LLC lifted its position in shares of Oracle Corporation (NYSE:ORCL) by 156.1% during the third quarter, HoldingsChannel reports. The firm owned 10,353 shares of the enterprise software provider’s stock after buying an additional 6,311 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Oracle were worth $1,445,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sherman Asset Management Inc. raised its stake in Oracle by 5.5% during the 1st quarter. Sherman Asset Management Inc. now owns 1,054 shares of the enterprise software provider’s stock worth $155,000 after buying an additional 55 shares during the period. Gould Asset Management LLC CA lifted its holdings in Oracle by 2.0% during the first quarter. Gould Asset Management LLC CA now owns 3,172 shares of the enterprise software provider’s stock worth $467,000 after acquiring an additional 62 shares in the last quarter. One Charles Private Wealth Services LLC grew its stake in Oracle by 1.6% in the first quarter. One Charles Private Wealth Services LLC now owns 3,859 shares of the enterprise software provider’s stock valued at $568,000 after acquiring an additional 62 shares during the period. Main Street Group LTD grew its stake in Oracle by 3.9% in the first quarter. Main Street Group LTD now owns 1,662 shares of the enterprise software provider’s stock valued at $245,000 after acquiring an additional 63 shares during the period. Finally, Capstone Financial Advisors Inc. grew its stake in Oracle by 3.6% in the second quarter. Capstone Financial Advisors Inc. now owns 1,809 shares of the enterprise software provider’s stock valued at $265,000 after acquiring an additional 63 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

ORCL has been the subject of several recent analyst reports. Robert W. Baird set a $215.00 price target on Oracle in a report on Thursday, October 29th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Oracle in a report on Thursday, September 10th. KeyCorp set a $285.00 price objective on Oracle in a research report on Friday, September 11th. Oppenheimer reissued an “outperform” rating and set a $275.00 target price on shares of Oracle in a research note on Thursday, October 29th. Finally, Royal Bank Of Canada lowered their target price on Oracle from $190.00 to $165.00 and set a “sector perform” rating for the company in a research note on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.27.

Insider Buying and Selling at Oracle

In other Oracle news, EVP Maria Smith sold 2,631 shares of the company’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total transaction of $399,122.70. Following the completion of the transaction, the executive vice president owned 64,357 shares of the company’s stock, valued at $9,762,956.90. This represents a 3.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael Sicilia sold 22,562 shares of the company’s stock in a transaction that occurred on 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 directly owned 182,929 shares of the company’s stock, valued at approximately $27,730,207.11. This trade represents a 10.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 36,075 shares of company stock worth $5,342,123. Corporate insiders own 38.40% of the company’s stock.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle received the strongest valuation grade among seven major technology companies in a comparison following the sector selloff, potentially drawing interest from investors looking for relative value. Article: Oracle beats Microsoft and Amazon on a key Wall Street metric
• Neutral Sentiment: Scotiabank lowered its fiscal 2027 EPS estimate to $6.63 from $6.73, but kept its Sector Outperform rating and $205 price target. The estimate cut tempers, but does not reverse, the analyst’s positive stance. Article: Scotiabank revises Oracle EPS estimate
• Neutral Sentiment: Oracle’s annual stockholder meeting is scheduled for November 18; the announcement did not identify a new business or earnings development. Article: Oracle’s annual meeting of stockholders
• Negative Sentiment: Microsoft is reportedly winding down its arrangement to rent AI computing capacity from Oracle. The news adds to concern that major customers may reassess AI infrastructure spending and could weigh on expectations for Oracle’s cloud growth. Article: Microsoft is winding down Oracle deal to rent AI cloud capacity
• Negative Sentiment: Broader doubts about the AI data-center build-out are also pressuring sentiment. Reports cite possible changes to OpenAI’s capacity plans, political scrutiny of data-center construction, and debt tied to a Stargate project—risks that could challenge the expected returns on Oracle’s substantial infrastructure investment. Article: OpenAI weighs smaller data-center plans

Oracle Stock Up 0.7%

ORCL stock traded up $0.80 during trading hours on Friday, reaching $115.96. 47,481,064 shares of the stock were exchanged, compared to its average volume of 33,719,972. The firm’s 50-day moving average is $139.11 and its 200-day moving average is $155.40. Oracle Corporation has a 12 month low of $109.21 and a 12 month high of $250.25. The company has a market cap of $350.64 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 0.83 and a beta of 1.79. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.17 and a quick ratio of 1.17.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.18. The company had revenue of $19.34 billion for the quarter, compared to analyst estimates of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The company’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.47 earnings per share. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. On average, equities research analysts expect that Oracle Corporation will post 6.71 earnings per share for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 9th were paid a $0.50 dividend. The ex-dividend date was Friday, October 9th. This represents a $2.00 annualized dividend and a yield of 1.7%. Oracle’s payout ratio is presently 31.35%.

Oracle Company Profile

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.