Oracle Corp (NYSE:ORCL) 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 adopted on September 25, 2024. According to InvestingPro, Oracle is currently trading at a P/E ratio of 43.35x and appears overvalued based on its Fair Value analysis.

In addition to the sales, Catz also acquired shares through the exercise of stock options. On January 22, 23, and 24, she acquired a total of 3,014,082 shares at an exercise price of $51.13 per share, valued at approximately $194.6 million. Following these transactions, Catz's direct ownership of Oracle shares stands at 1,118,592 shares. For deeper insights into Oracle's valuation and performance metrics, including 16 additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, SoftBank (TYO:9984) Group is reportedly seeking funding assistance from Apollo Global Management (NYSE:APO) and Brookfield for the Stargate AI project. SoftBank and Open AI have already committed a substantial $19 billion investment to the project, which also involves tech giants Oracle and Microsoft (NASDAQ:MSFT). However, Tesla (NASDAQ:TSLA) CEO Elon Musk has cast doubt on the project's financial viability, suggesting that SoftBank's available funds might be limited.

Oracle Corporation shares experienced a significant increase following the announcement of the Stargate Project. Despite skepticism from RBC Capital analysts regarding the impact on Oracle's financial targets, the company's involvement in the project is seen as a positive sign. Analysts from Mizuho (NYSE:MFG) Securities have reiterated their Outperform rating for Oracle, expressing confidence in the company's market position.

Oracle Corporation has also emerged victorious in a Delaware Supreme Court case related to its acquisition of NetSuite Inc. This legal affirmation removes uncertainty that had been hovering over Oracle's executive leadership. Meanwhile, shares of prominent technology companies experienced gains following the announcement of a significant joint venture in the artificial intelligence sector, which includes SoftBank Group Corp., OpenAI, and Oracle Corp.

These recent developments underscore the importance of strategic partnerships and government support in the rapidly evolving technology landscape. The involvement of prominent companies like SoftBank, Open AI, Oracle, and Microsoft underscores the project's scale and the high level of interest from leading figures in the tech industry.

Oracle CEO Safra Catz sells $705 million in stock

Oracle Corp CEO Safra Catz sold $705 million worth of Oracle stock on January 22, 23, and 24, 2025, as Oracle's stock surged 61% over the past year. This follows a $19 billion investment by SoftBank Group, Open AI, and Oracle in the Stargate AI project. Oracle also won a Delaware Supreme Court case related to its acquisition of NetSuite Inc.