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
2016-08-29 WALTON JIM C 10%-Owner Sell 3,504,756 $71.37 $250,139,437 No
2016-08-24 WALTON JIM C 10%-Owner Sell 3,142,846 $72.41 $227,564,166 No
2016-08-22 WALTON JIM C 10%-Owner Sell 3,502,398 $73.02 $255,752,009 No
2016-06-28 WALTON JIM C 10%-Owner Sell 1,450,000 $71.39 $103,520,021 No

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.