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

Posted by Liza Goodheart on Mar 12th, 2025

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

Shares of Oracle stock opened at $144.29 on Wednesday. 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 has a market cap of $403.58 billion, a price-to-earnings ratio of 35.28, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. The stock’s 50-day moving average is $166.82 and its 200-day moving average is $169.62. Oracle Co. has a one year low of $112.78 and a one year high of $198.31.

Oracle (NYSE:ORCL – Get Free Report) last released its quarterly 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). The firm had revenue of $14.13 billion for the quarter, compared to analyst estimates of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $1.41 EPS. Equities analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Thursday, April 10th. This is a boost from Oracle’s previous quarterly dividend of $0.40. Oracle’s dividend payout ratio is 39.12%.

Analyst Ratings Changes

ORCL has been the topic of a number of recent research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $165.00 target price on shares of Oracle in a research report on Thursday, December 5th. UBS Group restated a “market perform” rating on shares of Oracle 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. KeyCorp restated an “overweight” rating and set a $200.00 price objective on shares of Oracle in a research note on Tuesday. Finally, JPMorgan Chase & Co. cut their target price on shares of Oracle from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Tuesday. Twelve equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $178.92.

Get Our Latest Stock Report on ORCL

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Campbell Deegan Wealth Management LLC bought a new stake in Oracle during the 4th quarter worth $233,000. Lighthouse Financial LLC bought a new stake in shares of Oracle during the fourth quarter worth about $573,000. Capstone Triton Financial Group LLC increased its stake in shares of Oracle by 8.5% in 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 buying an additional 773 shares during the period. Aegis Wealth Management LLC bought a new position in Oracle in the 4th quarter valued at approximately $276,000. Finally, IronOak Wealth LLC. bought a new position in Oracle in the 4th quarter valued at approximately $398,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Safra Catz sold 2,101,154 shares of the firm’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 transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 42.20% of the stock is owned by corporate insiders.

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.

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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.