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 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 Stock Up 4.8 %

NYSE ORCL opened at $151.17 on Thursday. The business’s 50-day moving average is $166.51 and its 200 day moving average is $169.49. The stock has a market capitalization of $422.81 billion, a PE ratio of 36.96, a PEG 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. Oracle Co. has a 1 year low of $112.78 and a 1 year high of $198.31.

Oracle (NYSE:ORCL) last announced its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.02). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the previous year, the firm posted $1.41 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Sell-side analysts forecast that Oracle Co. will post 5 earnings per share 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 issued a dividend of $0.50 per share. This is a positive change from Oracle’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Thursday, April 10th. Oracle’s dividend payout ratio is currently 39.12%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ORCL shares. Morgan Stanley decreased their price objective on Oracle from $175.00 to $170.00 and set an “equal weight” rating for the company in a report on Tuesday. Guggenheim reiterated a “buy” rating and issued a $220.00 price target on shares of Oracle in a research note on Wednesday, March 5th. Stifel Nicolaus dropped their price objective on shares of Oracle from $175.00 to $150.00 and set a “hold” rating on the stock in a research note on Tuesday. DA Davidson reaffirmed a “neutral” rating and set a $150.00 target price on shares of Oracle in a research note on Tuesday. Finally, KeyCorp reissued an “overweight” rating and issued a $200.00 price target on shares of Oracle in a research report on Tuesday. Thirteen research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $176.85.

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $207,565,931.52. This represents a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 42.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oracle

Several large investors have recently made changes to their positions in ORCL. Howard Capital Management Group LLC raised its position in shares of Oracle by 12.4% during the third quarter. Howard Capital Management Group LLC now owns 8,019 shares of the enterprise software provider’s stock valued at $1,366,000 after buying an additional 883 shares during the last quarter. Impax Asset Management Group plc grew its stake in Oracle by 2.3% during the third quarter. Impax Asset Management Group plc now owns 2,325,268 shares of the enterprise software provider’s stock valued at $395,295,000 after acquiring an additional 53,128 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Oracle by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock valued at $411,748,000 after acquiring an additional 121,874 shares during the last quarter. Summit Global Investments purchased a new stake in Oracle in the 3rd quarter worth $436,000. Finally, Galvin Gaustad & Stein LLC bought a new position in Oracle during the third quarter valued at approximately $230,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

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.