CEO Clay Magouyrk Is Selling Oracle Stock. Should You?
Oracle (ORCL) seems on track to close down on Monday after regulatory filings confirmed that several top executives have unloaded company shares in recent sessions. Among the more notable names is Clay Magouyrk who sold 40,000 shares or about $11 million worth of ORCL on Oct. 21. Magouyrk was named the firm’s co-chief executive in September. More News from Barchart Following today’s decline, Oracle stock is down nearly 19% versus its year-to-date high. www.barchart.com Why Insider Sales Are Negative f ...