Auto-Owners Insurance 13F: Exits Oracle (ORCL) Stake

Auto-Owners Insurance has fully parted ways with Oracle Corporation NYSE: ORCL, closing out its equity stake entirely during the period. According to a Form 13F filing with the SEC on October 15, 2026, the institutional investor sold its remaining holdings in the software giant.

Inside Auto-Owners Insurance's Oracle Trade

The fund sold out of its entire position, unloading all 14,500 shares it held previously. Because 13F filings look backward at portfolio activity over the quarter, this filing shows where the fund stood as of October 15, 2026, but does not capture any trades made since then. The complete sale leaves the investor with zero shares in the company.

Other Institutional Activity in Oracle

Other major institutional players adjusted their positions in Oracle around the same time. Blackrock Inc. grew its holdings by 2,049,253 shares, ending with 145,353,687 shares worth about $18,638,702,662. Vanguard Capital Management LLC lifted its stake by 677,772 shares to finish with 111,788,001 shares valued at roughly $14,334,574,890. State Street Corporation added 2,342,493 shares, bringing its total to 78,645,193 shares worth about $10,084,672,762. Vanguard Portfolio Management LLC grew its position by 539,092 shares to end with 57,285,664 shares valued at $7,345,740,449. Meanwhile, Capital Research Global Investors lifted its stake by 7,607,289 shares, closing the period with 39,746,237 shares worth about $5,096,659,800.

Oracle Corporation Stock Down 1.8%

Oracle shares recently traded around $128.26 as of October 16, 2026. The stock sits below its 50-day moving average and below its 200-day moving average. Investors continue to monitor price action as the technology sector experiences broader shifts.

Recent Earnings

Oracle posted trailing-twelve-month revenue of $71,776,002,048 alongside earnings of $6.38 per share. The company reported a net profit margin of 26.4% and a return on equity of 41.2%. Year-over-year revenue growth came in at 29.6%. The company's next earnings report is scheduled for December 14, 2026.

Dividend

Oracle currently pays an annual dividend that yields 1.49%, backed by a payout ratio of 31.4%.

Insider Buying and Selling at Oracle Corporation

Company insiders were active in the market ahead of the filing. Chief Executive Officer Michael D. Sicilia sold 10,882 shares on September 16, 2026, at an average price of $139.94 for a total value of $1,522,827. Later, on September 22, 2026, Officer Maria Smith sold 2,631 shares at an average price of $151.70, totaling $399,123. On the same day, CEO Michael D. Sicilia sold another 22,562 shares at an average price of $151.59, worth $3,420,174. Director Stephen H. Rusckowski bought 25,000 shares on September 29, 2026, at an average price of $139.35 for a total of $3,483,800.

Analysts Set New Price Targets

Wall Street firms updated their views on Oracle in September and October. Stifel maintained a Buy rating while lowering its price target from $220.00 to $200.00 on September 11, 2026. TD Cowen reiterated a Buy rating with a $240.00 target on September 11, 2026. Freedom Broker maintained a Buy rating, lowering its target from $210.00 to $205.00 on September 14, 2026. Argus Research reiterated a Buy rating with a $225.00 target on September 14, 2026. Citizens reiterated a market outperform rating with a $285.00 target on October 2, 2026. Overall, the stock carries a consensus buy rating and a mean price target of $237.36 across 41 analyst opinions.

About Oracle

Headquartered in Austin, Texas, Oracle Corporation builds enterprise software and database infrastructure for businesses worldwide. The company employs 141,000 people and delivers cloud services, database management systems, and enterprise applications to clients across multiple industries.

Bottom Line

Investors tracking Auto-Owners Insurance will want to review subsequent 13F filings to see if the fund stays out of Oracle or eventually rebuilds a stake. Oracle's upcoming earnings release in December will provide fresh details on revenue and profitability. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.