Oracle president Magouyrk sells $6.3m in shares

Oracle (NASDAQ:ORCL) President, OCI, Clayton M. Magouyrk, sold 21,241 shares of common stock on September 12, 2025, at a price of $297.1077, totaling $6,310,864. The stock, which has surged 25.1% in the past week and currently trades at $309.87, appears overvalued according to InvestingPro analysis.

According to a Form 4 filing with the Securities and Exchange Commission, Magouyrk also exercised options to acquire 61,452 shares of Oracle common stock on September 15. In a separate transaction on the same day, 24,182 shares were disposed of at a price of $292.18, resulting in a value of $7,065,496. These shares were related to covering tax obligations associated with the vesting of restricted stock units. Oracle, now valued at $878.74B with a P/E ratio of 70, maintains a "GOOD" financial health score according to InvestingPro, which offers comprehensive analysis and 20 additional key insights about the company.

In other recent news, Oracle has secured a significant $300 billion cloud contract with OpenAI, marking one of the largest cloud agreements ever. This deal, set over five years, underscores the growing demand for AI data centers. On the analyst front, Jefferies has reiterated its Buy rating for Oracle, maintaining a price target of $360 due to the company’s notable market share gains in the AI sector. Meanwhile, DA Davidson has maintained a Neutral rating with a $300 price target, considering Oracle’s role in the AI infrastructure landscape. BNP Paribas Exane has raised its price target for Oracle to $377, reflecting increased forecasts for Oracle Cloud Infrastructure revenue. Additionally, Oracle is reportedly part of a consortium to keep TikTok operating in the United States, although details of the framework deal remain undisclosed. These developments indicate Oracle’s strategic positioning in both cloud and AI markets.

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