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

11 Mar 2025, 10:44 by Renee Jackson · The Cerbat Gem

Representative Jefferson Shreve (R-Indiana) recently bought shares of Oracle Co. (NYSE:ORCL). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $15,001 and $50,000 in Oracle stock on February 24th. 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 RTX (NYSE:RTX) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Royal Gold (NASDAQ:RGLD) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of QUALCOMM (NASDAQ:QCOM) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 2/24/2025.
Sold $15,001 – $50,000 in shares of Norfolk Southern (NYSE:NSC) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of CoStar Group (NASDAQ:CSGP) on 2/24/2025.
Purchased $50,001 – $100,000 in shares of AbbVie (NYSE:ABBV) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of The Cigna Group (NYSE:CI) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 2/24/2025.

Oracle Stock Performance

NYSE ORCL opened at $148.87 on Tuesday. 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 $416.38 billion, a P/E ratio of 36.40, a P/E/G ratio of 3.46 and a beta of 1.07. Oracle Co. has a 12-month low of $111.18 and a 12-month high of $198.31. The firm has a 50-day moving average price of $167.27 and a two-hundred day moving average price of $169.58.

Oracle (NYSE:ORCL – Get Free Report) last posted its quarterly earnings data 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 net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.13 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the prior year, the firm earned $1.41 EPS. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. Analysts anticipate that Oracle Co. will post 5 earnings per share for the current 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 issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.34%. This is an increase from Oracle’s previous quarterly dividend of $0.40. Oracle’s payout ratio is currently 39.12%.

Insider Activity at Oracle

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Capstone Triton Financial Group LLC lifted its position in shares of Oracle by 8.5% during the fourth quarter. Capstone Triton Financial Group LLC now owns 9,878 shares of the enterprise software provider’s stock valued at $1,646,000 after purchasing an additional 773 shares in the last quarter. Aegis Wealth Management LLC bought a new position in shares of Oracle during the fourth quarter valued at about $276,000. IronOak Wealth LLC. bought a new position in shares of Oracle during the fourth quarter valued at about $398,000. Wood Tarver Financial Group LLC bought a new position in shares of Oracle during the fourth quarter valued at about $290,000. Finally, TFR Capital LLC. bought a new position in shares of Oracle during the fourth quarter valued at about $321,000. 42.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ORCL. Morgan Stanley upped their price target on shares of Oracle from $145.00 to $175.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 10th. StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. JMP Securities reaffirmed a “market outperform” rating and set a $205.00 price target on shares of Oracle in a report on Wednesday, January 22nd. Mizuho upped their price target on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Finally, UBS Group upped their price objective on shares of Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Eleven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $182.73.

Get Our Latest Analysis on ORCL

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 editor@ballotpedia.org 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.

Oracle Company Profile

(Get Free Report)

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.