Oracle NASDAQ:ORCL Director Jeffrey Berg, through The Berg Family Trust, sold a total of 49,361 shares of common stock on October 28, 2025, for approximately $13.9 million. The sales were executed in multiple transactions with prices ranging from $281.579 to $284.307 per share.
The sales were executed in four separate transactions. The first transaction involved 9,042 shares, the second 13,373 shares, the third 22,724 shares and the fourth 4,226 shares.
Following these transactions, The Berg Family Trust indirectly holds 151,999 shares of Oracle common stock. Berg also indirectly owns 5,000 shares by spouse.
In other recent news, Oracle Corp. has announced plans to launch a new platform called Digital Assets Data Nexus, aimed at enabling banks and financial institutions to manage blockchain-based digital assets. This platform will incorporate Oracle Blockchain and Oracle AI Database 26ai, offering features like multi-ledger infrastructure and pre-built tokenization smart contracts. In addition, Oracle is seeing a rise in credit default swaps as traders seek protection against the company’s debt, reflecting concerns over its substantial investments in artificial intelligence infrastructure. Meanwhile, UBS has reiterated its Buy rating on Oracle, setting a price target of $380, citing positive feedback from customers and partners at Oracle’s AI World event.
Furthermore, Oracle Health and Life Sciences has partnered with Baylor College of Medicine to advance research on alcohol-related liver disease. This collaboration aims to create one of the largest cohorts for this condition in the U.S., utilizing Oracle Health’s AI data platform. These developments highlight Oracle’s ongoing efforts in expanding its technological and research capabilities. Lastly, in international news, the U.S. Treasury announced that China has approved the transfer agreement for TikTok, marking a significant step forward in the ongoing discussions between the two countries.
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