JLB & Associates Inc. Has $31.21 Million Stock Holdings in Oracle Corporation $ORCL

JLB & Associates Inc. has reduced its stake in Oracle Corporation by 2.9%, now holding 160,099 shares valued at $31.21 million, making Oracle its fifth-largest holding. Oracle exceeded quarterly expectations with strong revenue growth and EPS, benefiting from OpenAI-linked infrastructure deals and a substantial backlog. Despite a “Moderate Buy” consensus from analysts, concerns linger about valuation, leverage, and insider selling.

ORCL-1.58%
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