Oracle (NASDAQ: ORCL): Why are insiders selling while company revenue continues to rise?
Ranked top 10 most traded company in NASDAQ every day for the past 2 weeks
Insider Trade Signals: The company is releasing its quarterly report this week. The general public may not know what the earnings report will look like but PSI found insiders made big stock sales this month. Company Director – Lucas, Donald L. made over 3.21 Million option sales and Director – Seligman, Naomi O. made over 1.95 Million option sales. The biggest stock sales were made by Director – Catz, Safra who exercised over 11.2 Million in stock option sales. Did these insiders need that much cash in-hand before the company releases their quarterly report or is there more to this story than meets the eye?
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