# Larry Ellison just pulled a $7.5 billion sell order

> Oracle's biggest shareholder walked away from cashing out billions, and the timing says everything about what he expects next.
- Title: Larry Ellison just pulled a $7.5 billion sell order | Shortify
- Summary: Oracle's biggest shareholder walked away from cashing out billions, and the timing says everything about what he expects next. The insider with the most to…
- Keywords: oracle, larry ellison, ai infrastructure, insider trading, cloud, business, finance, Larry, Ellison, just, pulled, billion
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/second-thought-never-mind-why-145340407.html
- Published: 2026-09-13T14:53:40+00:00
- Read time: 2 min
- Topics: oracle, larry ellison, ai infrastructure, insider trading, cloud, business, finance
## He backed out
Larry Ellison had authorized himself to sell up to 50 million Oracle shares, roughly $7.5 billion worth. On September 11, 2026, a filing showed the plan was canceled with zero shares sold.
## The plan was already odd
Ellison adopted the 10b5-1 plan on June 22, 2026, with a window running through October 24. He has historically sold very little Oracle stock, which made the program unusual from the start.
## Killing the overhang
A scheduled sell program from a controlling shareholder creates constant expectation of shares hitting the market. Canceling it removes that pressure completely.

> A preannounced sell program from a controlling shareholder creates an overhang.
## He thinks it's cheap
Oracle fell 16% to 18% between the plan's adoption and its cancellation. A person close to Ellison said he views the shares as undervalued, so selling now would lock in the loss.
## A brutal year on the tape
Shares closed at $150.28, down 22% year to date from $193.03 and off 50% over twelve months. Zoom out and the stock is still up 79% over five years and 334% over ten.
## The quarter behind the conviction
Q1 fiscal 2027 revenue hit $19.345 billion, up 30% and past consensus. Adjusted EPS of $1.92 beat estimates, operating income rose 57%, and net income jumped 63%.
## Cloud is the engine
Cloud Infrastructure revenue grew 121% to $7.388 billion. Remaining Performance Obligations reached $664 billion, and Oracle signed more than $30 billion in new AI cloud contracts in one quarter.
## Building at full tilt
Oracle delivered 850 megawatts of datacenter capacity and over 300,000 GPUs last quarter, ran them at 97.9% utilization, and renewed contracts at a 20% price premium. Guidance rose to $90 billion in revenue.
## The bill is enormous
Free cash flow was negative $5.4 billion against $28.5 billion in capex, interest expense climbed 55%, and Oracle finished a $20 billion equity raise. That spending wall is what the market is pricing.

> the person with the most to gain from a rebound just chose to wait for it
## Key takeaway

The insider with the most to gain from an Oracle rebound just chose to wait for it instead of selling into a 22% drawdown.