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Naomi O. Seligman, a director at Oracle Corp (NASDAQ:NYSE:ORCL), sold 3,303 shares of common stock on July 16, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $233.32, for a total transaction value of $770,655. The sale comes as Oracle’s stock trades near its 52-week high of $251.60, having delivered an impressive 82.1% return over the past year.
Following the transaction, Seligman directly owns 31,447 shares of Oracle. In addition, she indirectly owns 6,010 shares by spouse and 14,414 shares by trust. With Oracle’s current market capitalization of $689 billion and a P/E ratio of 55.2, InvestingPro analysis suggests the stock is trading above its Fair Value. For deeper insights into Oracle’s valuation and 20+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Oracle has been the focus of several analyst upgrades and a legal settlement. Citizens JMP raised its price target for Oracle to $315 from $240, maintaining a Market Outperform rating, citing Oracle’s leading market position and growth in the enterprise software sector. UBS increased its price target to $280 from $250, driven by expectations of significant AI-driven growth and potential collaboration with OpenAI. Cantor Fitzgerald also raised its target to $271 from $216, highlighting increased estimates for Oracle Cloud Infrastructure and Cloud Database Services. Meanwhile, Evercore ISI set a new target of $270, up from $215, pointing to Oracle’s strong fiscal year 2026 outlook and a substantial annual contract that reinforces Oracle’s status as a global hyperscaler.
In legal developments, Oracle reached a settlement with Rimini Street (NASDAQ:RMNI), resolving a long-standing litigation. As part of the agreement, Oracle will return approximately $37.8 million to Rimini Street, and Rimini will wind down its Oracle PeopleSoft software support services by July 31, 2028. This settlement effectively concludes a 15-year legal battle between the companies, with certain permanent injunctions remaining in place.
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