Oracle Co. (NYSE:ORCL) CEO Safra Catz sold 394,081 shares of the stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $45.01, for a total transaction of $17,737,585.81. Following the transaction, the chief executive officer now owns 855,941 shares in the company, valued at approximately $38,525,904.41. The sale was disclosed in a filing with the SEC.
10 replies (most recent on top)
Tells you all you need to know about what she things about oracle's future and oracle's success in the cloud! Why would any outsiders hold oracle stock when an under insider like SC is selling hers as fast as she can! Doug down, down, down!
She sold what was a 1/3rd of her holdings a month before a fiscal year end. Wow, that's a sign!
Doesn't she have to basically shed all her stock to avoid being accused of conflict of interest?
Well - If I worked at Oracle I SHOULD know it's Catz... who knows if I would know. I obviously didn't care enough to look at the post above...maybe I wouldn't care enough to remember if I was lucky enough to work for her. It's not like you'd ever see her. But from what I understand she's not really warm and friendly and I don't think she'd be offered a spot in Trump's cabinet. I just fail to see a Trump cause to the layoff effect hitting a lot of unfortunate people today. But like you sniffed out... I don't work at Oracle. Right now... do I want to? Go sell some cloud, guy. Get those poor people their jobs back. Or is Trump making it so you can't sell cloud too?
It's Catz, not Katz. You'd know that if you worked at Oracle.
And Trump came up because Catz is freelancing on Trump's advisory council and was/is rumored to be under consideration for a cabinet position. You'd know that, too, if you worked for Oracle.
How did Safra Katz selling shares and Oracle Laying off some employees suddenly become a topic about Trump? I don't think Trump was involved here and I think if Obama were still president or if Clinton had been elected Katz would have still sold her shares and people would have still lost jobs today.
But goddam Trump man... he broke my air conditioning. With his lying a-- Russian loyalist heart he did break my air conditioning.
A wh--e!
ha ha good one - aren't all the posts today pointing out that Oracle along with many others are inflating the jobs number Trump is putting out? I don't see anything positive from my point of view.
Guess she needed some walking around money
Remember, Safra is a Wall Street lawyer at the core. She is also a Trumpie and lined up behind Donald immediately - and has continued stay on his Advisory Board in spite of all of his issues and poor decisions. Oracle's largest customer is the US Government and she cannot afford to upset dear leader - at least if she hopes to be a billionairess. Sad!