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
Walmart Inc. (WMT)
Sector: Consumer Defensive; Industry: Discount Stores

Walmart Inc. engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. The company offers grocery products, including meat, produce, natural and organics, deli and bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, floral and dry grocery, as well as consumables, such as health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; and health and wellness products. In addition, the company offers fuel and financial services and related products, including money orders, prepaid cards, wire and money transfers, check cashing, and bill payment.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-21 WALTON JIM C 10%-Owner Sell 2,906,093 $136.19 $395,775,848 No
2021-06-16 WALTON JIM C 10%-Owner Sell 3,095,606 $139.27 $431,128,996 No
2021-06-11 WALTON JIM C 10%-Owner Sell 3,066,599 $140.20 $429,935,152 No
2021-06-03 WALTON JIM C 10%-Owner Sell 3,458,530 $141.45 $489,205,163 No
2021-05-28 WALTON JIM C 10%-Owner Sell 1,659,652 $142.36 $236,271,579 No
2021-05-26 WALTON JIM C 10%-Owner Sell 2,633,219 $142.17 $374,374,752 No
2021-05-21 WALTON JIM C 10%-Owner Sell 2,653,252 $142.19 $377,257,755 No
2021-03-19 WALTON JIM C 10%-Owner Sell 1,000,000 $131.92 $131,921,392 No
2021-02-26 WALTON JIM C 10%-Owner Sell 1,000,000 $130.99 $130,989,418 No
2020-12-30 WALTON JIM C 10%-Owner Sell 2,000,000 $144.27 $288,532,968 No
2020-12-23 WALTON JIM C 10%-Owner Sell 2,030,000 $144.92 $294,192,207 No
2020-12-18 WALTON JIM C 10%-Owner Sell 1,497,151 $145.93 $218,482,397 No
2020-12-16 WALTON JIM C 10%-Owner Sell 821,796 $145.91 $119,910,181 No
2020-12-03 WALTON JIM C 10%-Owner Sell 422,487 $149.90 $63,331,028 No
2020-12-01 WALTON JIM C 10%-Owner Sell 677,513 $152.47 $103,302,843 No
2020-11-25 WALTON JIM C 10%-Owner Sell 260,000 $150.41 $39,107,122 No
2020-11-20 WALTON JIM C 10%-Owner Sell 450,000 $150.95 $67,927,492 No
2020-09-29 WALTON JIM C 10%-Owner Sell 752,085 $137.20 $103,182,830 No
2019-06-07 WALTON JIM C 10%-Owner Sell 1,014,826 $105.33 $106,888,999 No
2019-05-23 WALTON JIM C 10%-Owner Sell 841,920 $101.44 $85,407,227 No
2019-05-22 WALTON JIM C 10%-Owner Sell 2,129,150 $101.67 $216,469,930 No
2019-05-20 WALTON JIM C 10%-Owner Sell 2,447,587 $101.21 $247,710,429 No
2019-03-28 WALTON JIM C 10%-Owner Sell 792,038 $97.06 $76,872,868 No
2019-03-27 WALTON JIM C 10%-Owner Sell 2,751,360 $97.93 $269,436,492 No
2019-03-25 WALTON JIM C 10%-Owner Sell 2,168,768 $98.37 $213,338,143 No
2019-03-21 WALTON JIM C 10%-Owner Sell 1,649,023 $98.88 $163,060,478 No
2019-03-04 WALTON JIM C 10%-Owner Sell 664,328 $97.91 $65,041,892 No
2019-03-01 WALTON JIM C 10%-Owner Sell 2,488,625 $98.87 $246,042,514 No
2019-02-27 WALTON JIM C 10%-Owner Sell 1,614,118 $98.32 $158,706,053 No
2019-02-25 WALTON JIM C 10%-Owner Sell 1,437,489 $99.59 $143,160,921 No

Insider Smart

ROYAL CARIBBEAN CRUISES (RCL) - Thompson Donald, Director of RCL feels safe and made a move. The only insiders bought RCL post crash.

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.