Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
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
2020-03-12 Bowers Alan J Director Buy 1,000 $52.19 $52,190 No
2020-03-10 Bowers Alan J Director Buy 207 $59.82 $12,381 No
2020-03-09 SCHMALTZ DANA L Director Buy 1,000 $61.50 $61,500 No
2020-03-05 Walker William M Chairman & CEO Sell 63,269 $67.86 $4,293,167 No
2020-03-02 Warner Richard C EVP & Chief Credit Officer Sell 10,819 $67.62 $731,539 Yes
2020-02-28 SCHMALTZ DANA L Director Buy 1,000 $64.40 $64,400 No
2020-02-25 SCHMALTZ DANA L Director Buy 1,000 $69.25 $69,250 No
2020-02-11 Smith Howard W III President Sell 32,000 $78.23 $2,503,430 Yes
2020-02-03 Warner Richard C EVP & Chief Credit Officer Sell 10,000 $66.58 $665,776 Yes
2020-01-02 Warner Richard C EVP & Chief Credit Officer Sell 10,000 $64.49 $644,872 Yes
2019-12-10 Bowers Alan J Director Buy 156 $65.83 $10,271 No
2019-12-02 Warner Richard C EVP & Chief Credit Officer Sell 11,496 $65.51 $753,095 Yes
2019-11-20 Lucas Richard M EVP & Gen Counsel & Secretary Sell 19,433 $65.71 $1,277,025 Yes
2019-11-01 Warner Richard C EVP & Chief Credit Officer Sell 10,000 $62.71 $627,121 Yes
2019-10-01 Warner Richard C EVP & Chief Credit Officer Sell 10,000 $55.16 $551,607 Yes
2019-09-10 Bowers Alan J Director Buy 198 $51.55 $10,212 No
2019-08-14 Walker William M Chairman & CEO Sell 90,389 $56.15 $5,075,614 No
2019-08-13 THEOBALD STEPHEN P EVP & Chief Financial Officer Sell 10,000 $57.26 $572,596 No
2019-06-05 Bowers Alan J Director Buy 196 $51.75 $10,154 No
2019-05-23 Smith Howard W III President Sell 76,176 $52.51 $4,000,002 No
2019-05-15 Warner Richard C EVP & Chief Credit Officer Sell 8,800 $53.96 $474,872 No
2019-04-15 Warner Richard C EVP & Chief Credit Officer Sell 8,800 $52.22 $459,520 No
2019-04-01 Smith Howard W III President Sell 25,000 $51.28 $1,282,002 No
2019-03-13 Warner Richard C EVP & Chief Credit Officer Sell 8,800 $51.67 $454,668 No
2019-03-08 Bowers Alan J Director Buy 181 $53.00 $9,572 No
2019-03-08 Warner Richard C EVP & Chief Credit Officer Sell 11,008 $52.72 $580,308 No
2019-03-01 Smith Howard W III President Sell 25,000 $55.18 $1,379,610 No
2019-02-06 Smith Howard W III President Sell 62,004 $50.58 $3,136,344 No
2019-01-18 Smith Howard W III President Sell 37,996 $50.06 $1,902,160 No
2019-01-17 Lucas Richard M EVP & Gen Counsel & Secretary Sell 22,694 $48.01 $1,089,622 No

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.