Rep. Jefferson Shreve Purchases Shares of Oracle Co. (NYSE:ORCL)

Representative Jefferson Shreve (R-Indiana) recently bought shares of Oracle Co. (NYSE:ORCL). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in Oracle stock on March 5th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
• Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Oracle Stock Performance

Shares of ORCL opened at $133.83 on Wednesday. Oracle Co. has a 52-week low of $112.78 and a 52-week high of $198.31. 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 company has a market capitalization of $374.33 billion, a PE ratio of 32.72, a P/E/G ratio of 3.46 and a beta of 1.22. The company has a 50-day simple moving average of $153.73 and a 200-day simple moving average of $167.15.

Oracle (NYSE:ORCL) last posted its 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). The firm had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the company posted $1.41 EPS. Equities research analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders 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 1.49%. Oracle’s dividend payout ratio is presently 46.95%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Mizuho dropped their price objective on shares of Oracle from $210.00 to $180.00 and set an “outperform” rating for the company in a research note on Tuesday. StockNews.com downgraded Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Citigroup reduced their price objective on Oracle from $194.00 to $160.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 12th. Guggenheim restated a “buy” rating and set a $220.00 target price on shares of Oracle in a research report on Thursday, April 3rd. Finally, DA Davidson cut their price target on Oracle from $150.00 to $140.00 and set a “neutral” rating for the company in a report on Monday. 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $177.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ORCL. Spectrum Asset Management Inc. NB CA raised its position in shares of Oracle by 0.3% in the 1st quarter. Spectrum Asset Management Inc. NB CA now owns 28,358 shares of the enterprise software provider’s stock valued at $3,965,000 after purchasing an additional 88 shares in the last quarter. Ferguson Wellman Capital Management Inc. boosted its stake in Oracle by 50.8% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 9,355 shares of the enterprise software provider’s stock valued at $1,308,000 after acquiring an additional 3,153 shares during the last quarter. Defined Financial Planning LLC grew its holdings in Oracle by 12.2% during the 1st quarter. Defined Financial Planning LLC now owns 1,784 shares of the enterprise software provider’s stock worth $253,000 after acquiring an additional 194 shares in the last quarter. Kelly Financial Services LLC increased its position in shares of Oracle by 4.4% in the 1st quarter. Kelly Financial Services LLC now owns 2,688 shares of the enterprise software provider’s stock worth $376,000 after purchasing an additional 114 shares during the last quarter. Finally, Members Wealth LLC increased its position in shares of Oracle by 2.1% in the 1st quarter. Members Wealth LLC now owns 5,538 shares of the enterprise software provider’s stock worth $774,000 after purchasing an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other news, Director Naomi O. Seligman sold 2,000 shares of Oracle stock in a transaction dated 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 transaction, the director now directly owns 34,630 shares of the company’s stock, valued at approximately $5,049,400.30. The trade was a 5.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,453,328 shares of company stock valued at $454,439,851. Insiders own 42.20% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.