Rep. Robert Bresnahan, Jr. Sells Oracle Co. (NYSE:ORCL) Stock

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 Trading Down 3.5 %

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

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

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.42%. This is a positive change from Oracle’s previous quarterly dividend of $0.40. Oracle’s dividend payout ratio (DPR) is 46.95%.

Institutional Trading of Oracle

Large investors have recently added to or reduced their stakes in the business. Milestone Asset Management Group LLC acquired a new stake in shares of Oracle in the fourth quarter worth $473,000. Fire Capital Management LLC purchased a new stake in Oracle in the 4th quarter worth about $800,000. Wellington Management Group LLP boosted its position in Oracle by 200.4% during the 4th quarter. Wellington Management Group LLP now owns 172,483 shares of the enterprise software provider’s stock worth $28,743,000 after acquiring an additional 115,059 shares during the period. Mascagni Wealth Management Inc. purchased a new position in Oracle during the 4th quarter valued at about $77,000. Finally, DSG Capital Advisors LLC acquired a new position in shares of Oracle in the 4th quarter valued at about $2,526,000. 42.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ORCL has been the subject of several research analyst reports. Bank of America dropped their price target on shares of Oracle from $195.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, March 11th. Cantor Fitzgerald dropped their price objective on Oracle from $214.00 to $175.00 and set an “overweight” rating for the company in a report on Tuesday, March 11th. BMO Capital Markets reduced their target price on Oracle from $205.00 to $175.00 and set a “market perform” rating on the stock in a report on Tuesday, March 11th. Monness Crespi & Hardt upgraded Oracle from a “sell” rating to a “neutral” rating in a research note on Monday, March 3rd. Finally, Evercore ISI reduced their price objective on Oracle from $200.00 to $185.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. Thirteen investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $179.20.

Insider Transactions at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the completion of the sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,331,027.20. This trade represents a 65.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 42.20% of the stock is owned by insiders.

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.