Edward Screven, Chief Corporate Architect at Oracle, exercised stock options for 37,221 ORCL shares with an exercise price of $40.47. The shares are currently valued at $142.63 each, totaling $3,802,378. Oracle, a leading IT company founded in 1977, provides database technology and enterprise software to 430,000 customers globally.
In terms of financial performance, Oracle saw a revenue growth rate of 3.26% and a low gross margin of 72.53%. The company’s EPS is above industry average at 1.14, but the debt-to-equity ratio is higher than peers at 9.98. The price-earnings ratio is 37.78, suggesting undervaluation, while the P/S ratio of 7.47 indicates potential investment opportunity. Oracle’s market capitalization is above industry norms, reflecting its size and market recognition.
Insider trading is an essential aspect to consider in investment decisions. Insiders, defined as officers, directors, or major shareholders, must disclose their transactions within two business days. Insiders buying shares may indicate optimism, while selling does not necessarily signal a bearish outlook. Understanding transaction codes, such as P for purchase and S for sale, can help investors interpret insider trades accurately.
This information was derived from a Form 4 filing with the SEC and reflects Edward Screven’s exercise of Oracle stock options. It is important for investors to conduct a comprehensive analysis of insider transactions in conjunction with other factors when making investment decisions.
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https://www.benzinga.com/insights/news/24/06/39551341/edward-screven-at-oracle-executes-options-exercise-realizing-3-80m