Commerzbank builds new $30.6M Oracle stake as shares slide from highs
What's the deal? Commerzbank Aktiengesellschaft FI acquired a new stake in Oracle Corporation during the second quarter, according to its latest Form 13F filing with the Securities and Exchange Commission. The firm bought 208,780 shares of the enterprise software provider, worth roughly $30,597,000.
The bigger picture: Several other funds also adjusted their Oracle holdings. Mpwm Advisory SolutionsDealroom has a profile for this one. Try Dealroom → raised its stake 76.9%, HFM Investment AdvisorsDealroom has a profile for this one. Try Dealroom → lifted its position 290.9%, and FSA Wealth ManagementDealroom has a profile for this one. Try Dealroom →, Turning Point Benefit GroupDealroom has a profile for this one. Try Dealroom →, and Basepoint WealthDealroom has a profile for this one. Try Dealroom → each opened new positions. Institutional investors own 42.44% of Oracle's stock.
Where the stock stands: Oracle opened at $146.71 on Tuesday, down 2.5%, and sits well below its 200-day moving average of $161.26. The company carries a market cap of $422.59 billion and a PE ratio of 25.16, with a 12-month range of $114.50 to $345.72.
By the numbers: Oracle beat expectations in its most recent quarter. It reported earnings of $2.11 per share against a $1.96 consensus, on revenue of $19.18 billion, up 20.6% year over year. Net margin came in at 25.37% and return on equity at 58.62%.
What's next? Oracle guided to earnings of $1.72 to $1.76 per share for the first quarter of fiscal 2027. It also declared a quarterly dividend of $0.50 per share, paid July 24, representing a $2.00 annualised payout and a 1.4% yield.
What could go wrong? Insider selling adds a note of caution. Vice Chairman Jeffrey Henley sold 400,000 shares on June 24 at an average price of $159.16, a total of $63,664,000 and a 50% cut to his holding, under a pre-arranged Rule 10b5-1 plan. Company insiders own 40.90% of the stock.
The signal: New institutional buying at prices far below Oracle's 12-month high suggests some investors see value after the pullback, even as the stock trades under its longer-term averages and insiders trim their positions.
Read more: The Markets Daily
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