Oracle president Sicilia sells $5.1m in shares

Published 18/09/2025, 01:38
Oracle president Sicilia sells $5.1m in shares

Oracle (NASDAQ:ORCL) President, Industries, Michael D. Sicilia, sold 16,323 shares of common stock on September 16, 2025, at a price of $313.60, totaling approximately $5.1 million. The transaction comes as Oracle, now valued at $855 billion, has seen its stock surge over 100% in the past six months. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with a P/E ratio of 67.6x.

According to a Form 4 filing with the Securities and Exchange Commission, Sicilia also acquired 52,673 shares of Oracle common stock upon the exercise of restricted stock units. On September 15, 2025, 25,468 shares were withheld for payment of tax liability upon vesting of restricted stock units, resulting in a total value of $7.4 million at a price of $292.18. InvestingPro subscribers have access to 19 additional ProTips and comprehensive valuation metrics for Oracle, helping investors make more informed decisions about this prominent software industry player.

In other recent news, Oracle Corporation has secured a significant $300 billion cloud contract with OpenAI, marking one of the largest cloud agreements ever signed. This deal underscores the increasing investment in AI data centers. Additionally, Oracle is part of a consortium aiming to keep TikTok operational in the United States, as reported by CBS News. The details of this framework deal remain undisclosed, involving multiple companies. Analyst feedback has been positive, with Jefferies reiterating its Buy rating on Oracle, maintaining a price target of $360, citing Oracle’s market share gains in the AI sector. In contrast, DA Davidson has maintained a Neutral rating with a $300 price target, considering OpenAI’s growth trajectory and its impact on Oracle’s business. Bernstein analyst Mark Shmulik highlighted Oracle’s expanding role in cloud services, noting the company’s announcement of $317 billion in new RPO, positioning it as a major player in the hyperscale market. These developments reflect Oracle’s strategic moves in cloud computing and AI infrastructure.

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