Monster insider trading alert for Oracle stock

Oracle (NYSE: ORCL ) stock has attracted a $3.48 million insider purchase from board member and former Quest Diagnostics CEO Stephen Rusckowski, as shares trade nearly 60% below their all-time high. According to a U.S. Securities and Exchange Commission (SEC) Form 4 filing, Rusckowski’s living trust purchased 25,000 shares on September 29 at a weighted-average price of $139.352. The filing was accepted on October 1, bringing the trust’s holdings to 25,390 shares. The purchase contrasts with recent insider sales. On September 22, Oracle CEO Michael Sicilia sold 22,562 shares for approximately $3.42 million at $151.59 per share.

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