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 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Oracle stock on February 27th. 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 Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Oracle Stock Performance

Shares of NYSE:ORCL traded down $5.03 on Friday, reaching $140.75. 13,138,087 shares of the company’s stock were exchanged, compared to its average volume of 8,963,386. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The business’s 50-day moving average is $163.94 and its two-hundred day moving average is $170.12. Oracle Co. has a fifty-two week low of $112.78 and a fifty-two week high of $198.31. The firm has a market capitalization of $393.67 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 3.46 and a beta of 1.07.

Oracle (NYSE:ORCL) last released its quarterly 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 return on equity of 133.25% and a net margin of 21.16%. The firm had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the prior year, the company posted $1.41 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. As a group, equities research analysts forecast that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be given a $0.50 dividend. This is a positive change 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 dividend yield of 1.42%. Oracle’s dividend payout ratio (DPR) is presently 46.95%.

Hedge Funds Weigh In On Oracle

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Second Line Capital LLC raised its position in Oracle by 1.5% during the third quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider’s stock valued at $650,000 after purchasing an additional 58 shares in the last quarter. Cadence Bank boosted its holdings in shares of Oracle by 0.8% in the 3rd quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider’s stock worth $1,296,000 after purchasing an additional 59 shares in the last quarter. Requisite Capital Management LLC increased its position in shares of Oracle by 2.8% during the 4th quarter. Requisite Capital Management LLC now owns 2,240 shares of the enterprise software provider’s stock valued at $373,000 after purchasing an additional 60 shares during the last quarter. Cookson Peirce & Co. Inc. raised its holdings in shares of Oracle by 4.4% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider’s stock valued at $237,000 after buying an additional 60 shares in the last quarter. Finally, McLean Asset Management Corp lifted its position in Oracle by 1.1% in the 4th quarter. McLean Asset Management Corp now owns 5,447 shares of the enterprise software provider’s stock worth $908,000 after buying an additional 61 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 345,174 shares of the business’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 completion of the sale, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 42.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have weighed in on ORCL. Mizuho upped their target price on Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Monness Crespi & Hardt upgraded shares of Oracle from a “sell” rating to a “neutral” rating in a report on Monday, March 3rd. Evercore ISI reduced their target price on shares of Oracle from $200.00 to $185.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Stephens began coverage on Oracle in a research report on Wednesday, March 19th. They set an “equal weight” rating and a $167.00 price objective for the company. Finally, Jefferies Financial Group lifted their target price on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Thirteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $179.20.

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.

About Oracle

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.