TSX gains after CPI shows US inflation rose 3%
Naomi O. Seligman, a director at Oracle Corp (NASDAQ:ORCL), sold 2,222 shares of common stock on September 26, 2025, for $288.91, totaling $641,958. The sale comes as Oracle, now valued at over $800 billion, has seen its stock decline by nearly 9% in the past week. According to InvestingPro analysis, the company’s shares are currently trading above their Fair Value. Following the transaction, Seligman directly owns 29,225 shares of Oracle.
In addition, on the same day, Ms. Seligman disposed of 1,406 shares as a gift.
In other recent news, Oracle’s earnings call highlighted a significant development, with management projecting $144 billion in Oracle Cloud Infrastructure revenue by fiscal year 2030. The company also reported a substantial $317 billion quarter-over-quarter increase in remaining performance obligations. In a strategic move, Oracle launched an AI solution named Oracle Government Data Intelligence for Agriculture, aimed at helping governments monitor agricultural production and anticipate food security issues. Meanwhile, Bernstein SocGen Group raised Oracle’s stock price target to $364, maintaining an Outperform rating, reflecting confidence in the company’s growth prospects.
Conversely, Rothschild Redburn initiated coverage on Oracle with a Sell rating and a price target of $175, expressing concerns that the market overvalues Oracle’s cloud revenue. In terms of financial stability, Oracle’s credit ratings were affirmed by major agencies like S&P Global Ratings, despite concerns over increasing debt levels and negative free cash flow. The company has raised its fiscal 2026 capital expenditure guidance to $35 billion, with forecasts suggesting spending could peak above $60 billion by fiscal 2028. Additionally, Oracle is reportedly planning a $15 billion bond offering, including a rare 40-year bond, as part of its financing strategy. These developments reflect Oracle’s ongoing efforts to expand its cloud and AI infrastructure while navigating financial challenges.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.