Oracle CEO Safra Catz sells $705 million in stock By Investing.com

Oracle Corp (NYSE:) CEO Safra Catz recently executed significant stock transactions, according to a new SEC filing. The sales come as Oracle, now valued at over $512 billion, has seen its stock surge 61% over the past year. On January 22, 23, and 24, Catz sold a total of 3,579,091 shares of Oracle common stock. The sales, executed at prices ranging from $185.123 to $190.0982 per share, amounted to approximately $705 million. These sales were conducted under a Rule 10b5-1 trading plan…