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Larry Ellison cancels plan to sell Oracle stock

Oracle said no shares were sold under the plan, which had been adopted in June and would have run through Oct. 24.

  • Oracle co-founder and chairman Larry Ellison adopted a plan to sell up to $7.5 billion in stock, according to a regulatory filing published Friday.
  • Historically, Ellison has never sold more than 25,000 Oracle shares at any given time, according to FactSet; the June 22 trading plan represents a significant departure from his approach.
  • Boosted by 121% year-over-year growth in cloud infrastructure revenue, Oracle exceeded earnings estimates on Thursday, though investors have pushed the stock down roughly 20% this year.
  • Controlling over 40% of Oracle, Ellison would still own 1.1 billion shares if he executes the full sale, while institutional investors remain concerned about the balance sheet.
  • Ellison, the world's seventh-richest person, helped finance the 2025 merger of his son David Ellison's production company, Skydance, with Paramount, positioning him to liquidate holdings for other ventures.
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Larry Ellison cancels plan to sell Oracle stock

Oracle Executive Chairman Larry Ellison has canceled his plan to sell 50 million shares of Oracle stock, the ​company said on Saturday.

·London, United Kingdom
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Jerusalem Post broke the news in Jerusalem, Israel on Thursday, September 10, 2026.
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