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
2020-12-16 WALTON JIM C 10%-Owner Sell 821,796 $145.91 $119,910,181 No
2020-12-11 WALTON ALICE L 10%-Owner Sell 1,131,053 $147.57 $166,907,518 No
2020-12-11 WALTON S ROBSON 10%-Owner, Director Sell 1,131,053 $147.57 $166,907,518 No
2020-12-03 WALTON ALICE L 10%-Owner Sell 422,487 $149.90 $63,331,028 No
2020-12-03 WALTON S ROBSON 10%-Owner, Director Sell 422,487 $149.90 $63,331,028 No
2020-12-03 WALTON JIM C 10%-Owner Sell 422,487 $149.90 $63,331,028 No
2020-12-01 WALTON ALICE L 10%-Owner Sell 677,513 $152.47 $103,302,843 No
2020-12-01 WALTON JIM C 10%-Owner Sell 677,513 $152.47 $103,302,843 No
2020-12-01 WALTON S ROBSON 10%-Owner, Director Sell 677,513 $152.47 $103,302,843 No
2020-11-25 WALTON ALICE L 10%-Owner Sell 260,000 $150.41 $39,107,122 No
2020-11-25 WALTON S ROBSON 10%-Owner, Director Sell 260,000 $150.41 $39,107,122 No
2020-11-25 WALTON JIM C 10%-Owner Sell 260,000 $150.41 $39,107,122 No
2020-11-20 WALTON S ROBSON 10%-Owner, Director Sell 450,000 $150.95 $67,927,492 No
2020-11-20 WALTON JIM C 10%-Owner Sell 450,000 $150.95 $67,927,492 No
2020-11-20 WALTON ALICE L 10%-Owner Sell 450,000 $150.95 $67,927,492 No
2020-11-18 McKenna Judith J Executive Vice President Sell 10,000 $150.49 $1,504,936 No
2020-11-18 Brand Rachel L Executive Vice President Sell 10,000 $149.99 $1,499,862 No
2020-11-06 Lore Marc E. Executive Vice President Sell 85,000 $145.05 $12,329,331 No
2020-10-14 Lore Marc E. Executive Vice President Sell 85,000 $144.55 $12,286,602 No
2020-09-29 WALTON ALICE L 10%-Owner Sell 752,085 $137.20 $103,182,830 No
2020-09-29 WALTON JIM C 10%-Owner Sell 752,085 $137.20 $103,182,830 No
2020-09-29 WALTON S ROBSON 10%-Owner, Director Sell 752,085 $137.20 $103,182,830 No
2020-09-10 Lore Marc E. Executive Vice President Sell 85,000 $138.54 $11,775,585 No
2020-08-19 Chojnowski David Senior Vice President Sell 4,605 $134.24 $618,175 No
2020-08-03 Lore Marc E. Executive Vice President Sell 85,000 $129.22 $10,983,432 No
2020-07-07 Lore Marc E. Executive Vice President Sell 85,000 $123.34 $10,484,164 No
2020-06-09 Lore Marc E. Executive Vice President Sell 85,000 $120.89 $10,275,327 No
2020-05-21 McLay Kathryn J. Executive Vice President Sell 7,324 $126.00 $922,824 No
2020-05-07 Lore Marc E. Executive Vice President Sell 85,000 $123.05 $10,459,301 No
2020-04-15 Lore Marc E. Executive Vice President Sell 85,000 $128.52 $10,924,618 No

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

Insider Smart

Axsome Therapeutics, Inc (AXSM) - AXSM shows the power of an #allgreen stock, no insider selling, great management great company, if you follow the insiders last year and pick up around $25, the 52 week high is $100+.