Commerzbank builds new $30.6M Oracle stake as shares slide from highs
What's the deal? Commerzbank Aktiengesellschaft FIDealroom has a profile for this one. Try Dealroom → acquired a new stake in Oracle CorporationDealroom has a profile for this one. Try Dealroom → 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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