Monday, September 25, 2017 10:15 PM ET
Insider Makes Significant Stock Sells in Oracle (ORCL) Shares
There was a notable insider sale of Oracle shares today, as revealed in a filing with the SEC as — Dorian Daley, Officer — disposed of 25,776 shares in the company having a market value of approximately $1,238,488 This is the first insider buy/sell trade in the past 90 days.
The number of insider buy/sell trades at Oracle is lower than that of the 62 peer company average over the last 90-day period. The Enterprise Software peer group saw 185 buy/sell trades during this period for an average of 3.0 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 972,550 shares purchased and 7,691,129 shares sold with company insiders selling 36,317 shares on average over this time period.
The data used in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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