Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
Walker & Dunlop, Inc. (WD)
Sector: Financial Services; Industry: Mortgage Finance

Walker & Dunlop, Inc., through its subsidiaries, provides a range of multifamily and other commercial real estate financing products for owners and developers of real estate in the United States. It also provides multifamily finance for manufactured housing communities, student housing, affordable housing, and senior housing properties under the Fannie Mae DUS program; and construction and permanent loans to developers and owners of multifamily housing, affordable housing, senior housing, and healthcare facilities. In addition, the company acts as an intermediary in the placement of commercial real estate debt between institutional sources of capital, including life insurance companies, investment banks, commercial banks, pension funds, commercial mortgage backed securities issuers, and other institutional investors, as well as owners of various types of commercial real estate.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-06-17 SCHMALTZ DANA L Director Buy 1,000 $90.16 $90,164 No
2022-03-16 Pryor Paula A. EVP & Chief HR Officer Sell 1,652 $132.27 $218,510 Yes
2022-02-16 Pryor Paula A. EVP & Chief HR Officer Sell 5,561 $137.96 $767,172 Yes
2021-05-03 Smith Howard W III President Sell 8,012 $112.64 $902,440 Yes
2021-04-05 Smith Howard W III President Sell 8,087 $105.96 $856,903 Yes
2021-03-17 THEOBALD STEPHEN P EVP & Chief Financial Officer Sell 10,000 $109.28 $1,092,779 No
2021-03-18 Rice E. John Jr Director Sell 2,200 $112.16 $246,763 No
2021-03-01 Smith Howard W III President Sell 8,150 $101.64 $828,366 Yes
2021-02-22 Pryor Paula A. EVP & Chief HR Officer Sell 5,855 $104.31 $610,715 No
2021-02-19 Walker William M Chairman & CEO Sell 66,699 $100.92 $6,731,248 Yes
2021-02-18 Warren Michael J. Director Sell 2,000 $101.47 $202,935 No
2021-02-01 Smith Howard W III President Sell 8,435 $83.12 $701,159 Yes
2021-01-04 Smith Howard W III President Sell 8,458 $92.01 $778,212 Yes
2020-12-07 Smith Howard W III President Sell 8,586 $81.28 $697,911 Yes
2020-11-17 Lucas Richard M EVP & Gen Counsel & Secretary Sell 23,288 $79.28 $1,846,326 No
2020-11-16 Pryor Paula A. EVP & Chief HR Officer Sell 982 $81.08 $79,625 No
2020-11-09 THEOBALD STEPHEN P EVP & Chief Financial Officer Sell 28,548 $68.90 $1,966,996 Yes
2020-11-02 Smith Howard W III President Sell 9,111 $63.05 $574,460 Yes
2020-10-29 THEOBALD STEPHEN P EVP & Chief Financial Officer Sell 15,000 $65.00 $975,002 No
2020-10-15 THEOBALD STEPHEN P EVP & Chief Financial Officer Sell 5,000 $58.84 $294,189 No
2020-10-05 Smith Howard W III President Sell 9,283 $58.69 $544,801 Yes
2020-09-14 Smith Howard W III President Sell 9,060 $52.41 $474,871 Yes
2020-09-11 SCHMALTZ DANA L Director Buy 2,000 $52.06 $104,114 No
2020-08-03 Smith Howard W III President Sell 8,894 $50.63 $450,332 Yes
2020-07-06 Smith Howard W III President Sell 8,923 $49.62 $442,797 Yes
2020-06-11 Malone Michael D Director Buy 10,000 $47.82 $478,170 No
2020-06-08 Bowers Alan J Director Buy 22 $51.94 $1,123 No
2020-06-01 Smith Howard W III President Sell 9,409 $40.66 $382,537 Yes
2020-05-11 SCHMALTZ DANA L Director Buy 3,000 $38.75 $116,255 No
2020-03-18 Bowers Alan J Director Buy 1,250 $40.05 $50,064 No

Insider Smart

Liberty Media Corp (LSXMA) - BERKSHIRE HATHAWAY INC, Buffett made a move and add 2M shares to their position. What a news after dumping Airlines.