Rep. Robert Bresnahan, Jr. Sells Off Shares of Oracle Co. (NYSE:ORCL)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Oracle Co. NYSE: ORCL. In a filing disclosed on March 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Oracle stock on February 14th.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 2/21/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/20/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 2/20/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 2/20/2025.
• Sold $1,001 - $15,000 in shares of Astera Labs NASDAQ: ALAB on 2/18/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/14/2025.
• Purchased $1,001 - $15,000 in shares of Reddit NYSE: RDDT on 2/14/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 2/13/2025.
• Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 2/13/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 2/12/2025.

Oracle Price Performance

Shares of NYSE ORCL opened at $144.29 on Wednesday. Oracle Co. has a fifty-two week low of $112.78 and a fifty-two week high of $198.31. The stock has a market cap of $403.58 billion, a price-to-earnings ratio of 35.28, a PEG ratio of 3.46 and a beta of 1.07. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The firm's 50-day simple moving average is $166.82 and its 200 day simple moving average is $169.62.

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Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.02). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.13 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the previous year, the business posted $1.41 EPS. Oracle's revenue was up 6.4% compared to the same quarter last year. As a group, research analysts anticipate that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be given a $0.50 dividend. This is a boost from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.00 annualized dividend and a yield of 1.39%. Oracle's dividend payout ratio (DPR) is presently 39.12%.

Analysts Set New Price Targets

Several brokerages recently weighed in on ORCL. Mizuho raised their price target on shares of Oracle from $185.00 to $210.00 and gave the company an "outperform" rating in a research report on Tuesday, December 10th. Barclays dropped their target price on shares of Oracle from $212.00 to $202.00 and set an "overweight" rating on the stock in a research report on Tuesday. Monness Crespi & Hardt raised shares of Oracle from a "sell" rating to a "neutral" rating in a research report on Monday, March 3rd. Guggenheim reissued a "buy" rating and set a $220.00 target price on shares of Oracle in a research report on Wednesday, March 5th. Finally, UBS Group reissued a "market perform" rating on shares of Oracle in a research report on Tuesday. Twelve analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $178.92.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Oracle by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock valued at $26,231,127,000 after buying an additional 2,296,069 shares in the last quarter. State Street Corp increased its holdings in shares of Oracle by 2.7% in the third quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider's stock worth $12,003,241,000 after purchasing an additional 1,847,561 shares during the period. FMR LLC increased its holdings in shares of Oracle by 0.4% in the fourth quarter. FMR LLC now owns 38,002,902 shares of the enterprise software provider's stock worth $6,332,803,000 after purchasing an additional 156,269 shares during the period. Geode Capital Management LLC increased its holdings in shares of Oracle by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 35,814,302 shares of the enterprise software provider's stock worth $5,954,961,000 after purchasing an additional 619,619 shares during the period. Finally, Franklin Resources Inc. increased its holdings in shares of Oracle by 9.3% in the fourth quarter. Franklin Resources Inc. now owns 20,202,421 shares of the enterprise software provider's stock worth $3,366,531,000 after purchasing an additional 1,722,037 shares during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 345,174 shares of the company's stock in a transaction on Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the transaction, the chief executive officer now owns 1,118,592 shares of the company's stock, valued at approximately $207,565,931.52. This represents a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 42.20% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

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