ORACLE director Panetta Leon E sold 17,500 shares ($2.6M) at $151.24 on 2025-05-02; holdings reduced to 58,090 shares.
Director Leon E. Panetta sold 17,500 shares of ORACLE for $2,646,651.00 at $151.24 per share, reducing holdings by 23.2% from 75,590 to 58,090 shares. The stock currently trades at $147.70, down 14.0% over 90 days and 23.2% below its 52-week high of $192.43. Panetta's single prior ORACLE sale on 2024-07-18 posted a 90-day return of +26.8%, a poorly-timed outcome in which the stock rose after his sale. The company reported $14.1B in latest quarterly revenue with 6.0% annual growth and a 34.03 P/E ratio, reflecting a mature, large-cap valuation. This sale represents a modest portfolio adjustment by a director with limited recent transaction history at the ticker.