https://www.live-feeds.com/feed/oracle-s-ellison-cancels-plan-to-sell-up-to-50-mln-sharesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oracle-s-ellison-cancels-plan-to-sell-up-to-50-mln-shareshttps://www.live-feeds.com/feed/oracle-s-ellison-cancels-plan-to-sell-up-to-50-mln-shares#u70534Wed, 16 Sep 2026 13:41:37 +0000Oracle Executive Chairman Larry Ellison scrapped a trading plan to sell 50 million shares of company stock. The canceled sale was valued at approximately $7.5 billion. Oracle disclosed the decision on Saturday but did not state a reason for the reversal. While the move removes a potential source of selling pressure on the stock, shares fell 4.7% following the news. The company is currently funding a costly expansion into artificial intelligence infrastructure.Why it mattersEllison previously adopted a formal plan to liquidate a portion of his holdings. This reversal comes as Oracle reports rec https://www.live-feeds.com/feed/oracle-s-ellison-cancels-plan-to-sell-up-to-50-mln-shareshttps://www.live-feeds.com/feed/oracle-s-ellison-cancels-plan-to-sell-up-to-50-mln-shares#u68047Mon, 14 Sep 2026 18:32:20 +0000Oracle Executive Chairman Larry Ellison canceled a trading plan to sell up to 50 million shares of company stock. The potential sale was valued at approximately $7.5 billion based on recent market prices. This decision follows a period where Ellison had adopted a formal trading plan to liquidate a portion of his holdings. The reversal occurs as Oracle reports record Q1 results and some analysts increase their price targets for the company stock.Why it mattersEllison is a co-founder of Oracle and holds a significant ownership stake. Large-scale sales by executives often signal a lack of confide