A Director at Oracle is Exercising Options

By Carrie Williams

Yesterday it was reported that a Director at Oracle (ORCLResearch Report), Bruce Chizen, exercised options to sell 225,000 ORCL shares at $39.01 a share, for a total transaction value of $12.29M.

Following Bruce Chizen’s last ORCL Sell transaction on July 07, 2017, the stock climbed by 7.7%.

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Based on Oracle’s latest earnings report for the quarter ending November 30, the company posted quarterly revenue of $9.61 billion and quarterly net profit of $2.31 billion. In comparison, last year the company earned revenue of $9.56 billion and had a net profit of $2.33 billion. The company has a one-year high of $60.50 and a one-year low of $47.41. Currently, Oracle has an average volume of 11.37M.

The insider sentiment on Oracle has been negative according to 55 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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