Todd Asset Management LLC cut its stake in Oracle Corporation by 29.5% in the fourth quarter, selling 40,463 shares and leaving the firm with 96,859 shares worth $18,879,000, according to the latest SEC filing.
At the same time, Oracle EVP Stuart Levey sold 15,000 shares on Thursday, April 16th at an average price of $176.19, a transaction that totaled $2,642,850.00 and left him holding 3,429 shares.
The sales come as Oracle reported stronger-than-expected results for the quarter ended Tuesday, March 10th: earnings per share of $1.79 topped analyst consensus of $1.71 by $0.08, and quarterly revenue of $17.19 billion beat forecasts of $16.91 billion, a year-over-year rise of 21.7%.
Investors received additional company signals this month. Oracle announced Q4 2026 guidance of $1.960 to $2.000 in EPS, and the company paid a $0.50 quarterly dividend on Friday, April 24th to shareholders of record on Thursday, April 9th. That dividend puts Oracle's annualized payout at $2.00 per share, a yield of 1.0% and a payout ratio of 35.91%.
Market metrics underline the scale and valuation questions some investors may be weighing. Oracle opened at $192.13 on Tuesday, its market capitalization sits at $552.58 billion, and valuation multiples include a price‑to‑earnings ratio of 34.49 and a PEG of 1.83. The company carries a debt‑to‑equity ratio of 3.66, a quick ratio and current ratio each of 1.35, and a beta of 1.55. Its 52‑week range spans $134.57 to $345.72.
Institutional ownership is substantial: institutional investors and hedge funds own 42.44% of Oracle's stock, a concentration that turns any large institutional move into a market signal. Todd Asset Management's near‑30% trim of its Oracle position in the fourth quarter is therefore notable both for scale and timing against recent company results and shareholder returns.
The picture is not tidy. On one hand, Oracle beat EPS and revenue expectations and issued guidance that points to continued profitability growth. On the other, a sizable institutional sale in Q4 and an insider disposition in mid‑April create friction: the company is posting accelerating revenue and paying a steady dividend even as some shareholders are reducing exposure.
That tension shows up in price dynamics. Levey sold his shares at an average of $176.19—below the stock's Tuesday open of $192.13 and far under its 52‑week high—while Todd's reduction came in a prior reporting period, leaving the market to reconcile fresh earnings data and shifting holder appetites.
The central question now is straightforward: will other large holders follow Todd's lead and trim exposure, and if they do, what will that mean for orcl stock priced against its current earnings, leverage and dividend? How the remaining institutional owners respond to Oracle's latest beat and guidance will decide whether recent selling is a one‑off portfolio adjustment or the start of broader repositioning in the name.
