Oracle Form4 Filing Shows Director Jeffrey Berg Sold 4,866 Shares At An Average Price Of $125.31/Share
Portfolio Pulse from Benzinga Newsdesk
Oracle's Director Jeffrey Berg sold 4,866 shares at an average price of $125.31 per share, according to a recent Form 4 SEC filing.
June 16, 2023 | 6:41 pm
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Oracle Director Jeffrey Berg sold 4,866 shares at $125.31 per share, which may indicate a lack of confidence in the company's short-term prospects.
Insider trading can be an indicator of an executive's confidence in a company's future performance. In this case, Oracle's Director Jeffrey Berg sold a significant number of shares, which may suggest a lack of confidence in the company's short-term prospects. This could potentially have a negative impact on the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100