Oracle Executives Spark Concern with Major Stock Disposals

A wave of insider selling at Oracle has unsettled investors, raising questions about the company’s prospects despite its positioning within the artificial intelligence boom. Senior figures, including a recently promoted co-CEO, have offloaded millions of dollars worth of shares, triggering a sharp market reaction and casting a shadow over the profitability of its cloud division.

The selling activity was both substantial and conspicuous. Clay Magouyrk, who was elevated to the role of co-CEO just in September, disposed of 40,000 shares, a transaction valued at approximately $11 million. In a separate move, Director Jeffrey Berg sold 49,361 shares amounting to about $13.9 million through a trust.

This coordinated disposal by top insiders has prompted market Read more...