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Tuesday, 12 November 2024

Tuesday 10/19 Insider Buying Report: ORCL

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Tuesday 10/19 Insider Buying Report: ORCL
Tuesday 10/19 Insider Buying Report: ORCL

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.

So let's look at one noteworthy recent insider buy.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.

So let's look at one noteworthy recent insider buy.

At Oracle, a filing with the SEC revealed that on Thursday, Director Rona Alison Fairhead bought 2,277 shares of ORCL, at a cost of $96.02 each, for a total investment of $218,640.

So far Fairhead is in the green, up about 1.2% on their purchase based on today's trading high of $97.22.

Oracle is trading up about 0.2% on the day Tuesday.

Before this latest buy, Fairhead bought ORCL at 2 other times during the past twelve months, for a total investment of $798,430 at an average of $69.26 per share.

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