Rep. Bruce Westerman Buys Oracle Co. (NYSE:ORCL) Stock

by · The Markets Daily

Representative Bruce Westerman (R-Arkansas) recently bought shares of Oracle Co. (NYSE:ORCL). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Oracle stock on March 3rd. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
  • Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
  • Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
  • Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
  • Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
  • Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

Oracle Trading Down 0.9 %

Shares of NYSE:ORCL traded down $1.20 during mid-day trading on Friday, reaching $128.56. 8,919,409 shares of the company were exchanged, compared to its average volume of 9,309,665. 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 firm’s 50-day simple moving average is $151.82 and its 200 day simple moving average is $166.61. Oracle Co. has a 1 year low of $112.78 and a 1 year high of $198.31. The firm has a market cap of $359.58 billion, a price-to-earnings ratio of 31.43, a P/E/G ratio of 3.46 and a beta of 1.22.

Oracle (NYSE:ORCL – Get Free Report) last posted its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $14.40 billion. During the same period in the previous year, the business posted $1.41 EPS. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts forecast that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders 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 1.56%. This is an increase from Oracle’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 10th. Oracle’s payout ratio is 46.95%.

Insider Transactions at Oracle

In other Oracle news, Director Leon E. Panetta sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $129.77, for a total value of $648,850.00. Following the transaction, the director now directly owns 58,090 shares of the company’s stock, valued at $7,538,339.30. This represents a 7.93 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Safra Catz sold 2,101,154 shares of the company’s 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 directly owns 1,118,592 shares in the company, valued at $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,453,328 shares of company stock valued at $454,439,851 over the last 90 days. Corporate insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ORCL shares. Stephens started coverage on Oracle in a report on Wednesday, March 19th. They set an “equal weight” rating and a $167.00 price target on the stock. Guggenheim reissued a “buy” rating and issued a $220.00 price objective on shares of Oracle in a research report on Thursday, April 3rd. BMO Capital Markets decreased their price objective on shares of Oracle from $205.00 to $175.00 and set a “market perform” rating for the company in a research report on Tuesday, March 11th. Barclays dropped their target price on Oracle from $212.00 to $202.00 and set an “overweight” rating on the stock in a report on Tuesday, March 11th. Finally, StockNews.com downgraded Oracle from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Thirteen analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $176.73.

View Our Latest Stock Report on Oracle

Hedge Funds Weigh In On Oracle

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Oracle in the fourth quarter valued at about $2,216,314,000. Raymond James Financial Inc. acquired a new stake in shares of Oracle during the fourth quarter worth $930,095,000. GAMMA Investing LLC increased its position in Oracle by 15,012.3% during the first quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider’s stock worth $664,810,000 after purchasing an additional 4,723,631 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Oracle by 20.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,825,360 shares of the enterprise software provider’s stock worth $2,303,858,000 after purchasing an additional 2,350,448 shares during the period. Finally, Vanguard Group Inc. lifted its position in Oracle by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider’s stock valued at $26,231,127,000 after buying an additional 2,296,069 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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.

See Also