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 Trading Down 3.0 %
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 firm has a market capitalization of $403.58 billion, a PE ratio of 35.28, a P/E/G ratio of 3.46 and a beta of 1.07. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The company’s 50-day moving average is $166.82 and its 200 day moving average is $169.62.
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 paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.39%. This is a positive change from Oracle’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, April 10th. Oracle’s dividend payout ratio (DPR) is 39.12%.
Analyst Ratings Changes
ORCL has been the topic of several analyst reports. Barclays cut their price target on shares of Oracle from $212.00 to $202.00 and set an “overweight” rating on the stock in a report on Tuesday. Monness Crespi & Hardt raised Oracle from a “sell” rating to a “neutral” rating in a report on Monday, March 3rd. Cantor Fitzgerald decreased their price objective on shares of Oracle from $214.00 to $175.00 and set an “overweight” rating for the company in a report on Tuesday. Royal Bank of Canada restated a “sector perform” rating and issued a $165.00 target price on shares of Oracle in a research note on Thursday, December 5th. Finally, Piper Sandler lowered their price target on shares of Oracle from $210.00 to $190.00 and set an “overweight” rating on the stock in a research report on Tuesday. Twelve research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $178.92.
Read Our Latest Stock Analysis on ORCL
Institutional Trading of Oracle
Hedge funds have recently made changes to their positions in the stock. R Squared Ltd bought a new stake in Oracle during the fourth quarter worth about $25,000. Sunbeam Capital Management LLC bought a new stake in Oracle in the 4th quarter worth approximately $30,000. Winch Advisory Services LLC boosted its stake in Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after buying an additional 87 shares in the last quarter. Hurley Capital LLC purchased a new position in shares of Oracle during the fourth quarter worth approximately $33,000. Finally, Synergy Investment Management LLC bought a new stake in Oracle in the fourth quarter worth $34,000. 42.44% of the stock is owned by institutional investors.
Insider Buying and Selling at Oracle
In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the business’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 sale, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company 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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