Highland Capital Management 13F: Exits Oracle (ORCL) Stake

Highland Capital Management sold 31,591 shares of Oracle Corporation (NYSE: ORCL) in a filing on October 26, 2026. This move completely exits its position in the company, which had been valued at approximately $3.98 million at the time of the sale, as reported in the fund's latest Form 13F filing with the SEC.

ORCL Oracle Corporation

$126.16 ▼ -34.68% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Highland Capital Management's Oracle Position

Highland Capital Management's stake in Oracle Corporation has been reduced to zero after the sale of 31,591 shares. This represents a 100.0% decrease in their holdings, as they had previously owned 31,591 shares.

Where Oracle Fits in Highland Capital Management's Portfolio

Oracle Corporation represented a small part of Highland Capital Management's overall portfolio, which consisted of 415 positions. The reported value of the fund's holdings was about $833 million, but the exit from Oracle indicates a strategic decision to reallocate resources elsewhere.

Other Institutional Activity in Oracle

J. Safra Sarasin Holding increased its stake in Oracle Corporation by 55,909 shares, bringing its total to 132,234 shares valued at about $18.3 million. This suggests growing confidence in Oracle's prospects among some institutional investors, even as Highland Capital Management has exited.

Oracle Corporation Stock Down 0.1%

Oracle shares recently traded around $126.09, which is about equal to its closing price of $126.16 on October 23, 2026. The stock is currently below its 50-day moving average of approximately $142.40 and has fallen about 56.1% from its 52-week high of $287.00.

Recent Earnings

Oracle reported trailing twelve-month revenue of approximately $71.8 billion, reflecting a year-over-year growth of 29.6%. The next earnings report is expected on December 14, 2026.

Dividend

Oracle pays an annual dividend of $2.00 per share, resulting in a dividend yield of 1.59%. The payout ratio stands at 31.4%, indicating a sustainable dividend policy.

Insider Buying and Selling at Oracle Corporation

Several insiders sold shares of Oracle in September 2026. CEO Michael D. Sicilia sold 10,882 shares at an average price of $139.94 on September 16, while also selling 22,562 shares at $151.59 on September 22. Officer Maria Smith sold 2,631 shares at $151.70 on September 22. Director Stephen H. Rusckowski, however, bought 25,000 shares at an average price of $139.35 on September 29, indicating some level of confidence among certain insiders.

Analysts Set New Price Targets

On October 26, 2026, Wells Fargo maintained an 'Overweight' rating on Oracle with a price target of $250. Other firms, including Goldman Sachs and Cantor Fitzgerald, also maintain 'Buy' and 'Overweight' ratings with price targets ranging from $206 to $284. The consensus among analysts is a 'buy' recommendation with a mean price target of $235.80, suggesting that there is significant upside potential from the current price.

About Oracle Corporation

Oracle Corporation provides a wide range of products and services that support enterprise information technology systems globally. This includes software and infrastructure solutions tailored to meet the needs of businesses across various sectors.

Bottom Line

As Highland Capital Management exits its Oracle position, investors will be watching the upcoming earnings report on December 14, 2026, for further insights into the company's performance. The recent changes by other institutional investors may also signal broader market sentiment toward Oracle's future prospects.