It’s always a good idea to keep track of insider buying. After all, it’s the insiders who know their company the best. And if they’re putting their money where their mouths are, there’s usually a reason for it.

Look at Oracle (ORCL), for example.

With Oracle starting to pivot higher, director Charles “Wick” Moorman paid $950,000 on Feb. 12 for 5,500 Oracle shares, an average price of $172.35 each. The last time he bought shares was in January 2022 when he paid $1.3 million for 15,000 shares.

Helping, analysts at Jefferies reiterated a buy rating on ORCL with a price target of $220. The firm believes the DeepSeek pullback was overdone, adding that DeepSeek is just “part of an ongoing evolution, not revolution” of artificial intelligence.

Sincerely,

Ian Cooper