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

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Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Oracle Co. NYSE: ORCL. In a filing disclosed on April 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Oracle stock on March 11th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.

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

  • Purchased $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/13/2025.
  • Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/13/2025.
  • Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/11/2025.
  • Sold $1,001 - $15,000 in shares of Reddit NYSE: RDDT on 3/11/2025.
  • Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 3/11/2025.
  • Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 3/11/2025.
  • Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/11/2025.
  • Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/11/2025.
  • Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/11/2025.

Oracle Stock Performance

Shares of ORCL traded up $3.49 during trading hours on Monday, reaching $135.84. 616,729 shares of the company traded hands, compared to its average volume of 9,247,115. Oracle Co. has a 1-year low of $112.78 and a 1-year high of $198.31. The stock has a market cap of $379.95 billion, a P/E ratio of 32.95, a price-to-earnings-growth ratio of 3.46 and a beta of 1.22. The stock's fifty day moving average is $155.25 and its 200 day moving average is $167.63. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81.

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Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 EPS 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 firm had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the prior year, the firm posted $1.41 EPS. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. Equities research analysts anticipate that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be paid a dividend of $0.50 per share. This is an increase from Oracle's previous quarterly dividend of $0.40. The ex-dividend date is Thursday, April 10th. This represents a $2.00 annualized dividend and a yield of 1.47%. Oracle's dividend payout ratio is presently 46.95%.

Insider Buying and Selling

In related news, Director Naomi O. Seligman sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total value of $291,620.00. Following the completion of the sale, the director now directly owns 34,630 shares in the company, valued at approximately $5,049,400.30. The trade was a 5.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Safra Catz sold 2,101,154 shares of the company's stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total value of $389,448,893.90. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares of the company's stock, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,448,328 shares of company stock valued at $453,791,001 over the last quarter. 42.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ORCL shares. Barclays decreased their price objective on Oracle from $212.00 to $202.00 and set an "overweight" rating for the company in a report on Tuesday, March 11th. StockNews.com lowered Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Jefferies Financial Group reduced their target price on Oracle from $220.00 to $190.00 and set a "buy" rating on the stock in a report on Monday, March 31st. UBS Group reiterated a "market perform" rating on shares of Oracle in a research report on Tuesday, March 11th. Finally, Stifel Nicolaus dropped their price target on shares of Oracle from $175.00 to $150.00 and set a "hold" rating for the company in a research note on Tuesday, March 11th. Thirteen analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $178.65.

Get Our Latest Analysis on Oracle

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC boosted its position in shares of Oracle by 5.0% during the 1st quarter. Sivia Capital Partners LLC now owns 3,580 shares of the enterprise software provider's stock worth $501,000 after acquiring an additional 171 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in Oracle by 3.1% in the first quarter. Princeton Global Asset Management LLC now owns 47,683 shares of the enterprise software provider's stock valued at $6,667,000 after acquiring an additional 1,418 shares during the last quarter. Reliant Investment Management LLC grew its position in shares of Oracle by 1.7% during the first quarter. Reliant Investment Management LLC now owns 36,646 shares of the enterprise software provider's stock worth $5,123,000 after acquiring an additional 630 shares during the last quarter. Stokes Capital Advisors LLC increased its holdings in shares of Oracle by 1,023.3% in the 1st quarter. Stokes Capital Advisors LLC now owns 43,080 shares of the enterprise software provider's stock valued at $6,023,000 after acquiring an additional 39,245 shares during the period. Finally, Independence Bank of Kentucky boosted its stake in Oracle by 5.1% during the 1st quarter. Independence Bank of Kentucky now owns 33,207 shares of the enterprise software provider's stock worth $4,643,000 after purchasing an additional 1,602 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

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

(Get Free Report)

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.

Further Reading

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