Significant Insider Sales of Walker & Dunlop (WD) Shares Reverses Buying Trend of Last 90 Days

Wednesday, November 22, 2017 10:15 PM ET

Significant Insider Sales of Walker & Dunlop (WD) Shares Reverses Buying Trend of Last 90 Days

There was significant selling of Walker & Dunlop shares today, as reported in filings with the SEC. Two insiders — Richard C Warner, Officer, and Howard W Smith III, Director and Officer — sold 60,000 shares in the company having a market value of approximately $3,000,382. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been buys resulting in the purchase of 3,071 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 56,929 shares and have averaged 15,768 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Walker & Dunlop is greater than the 29-company peer group average. Retail & Mortgage Banks peer group saw 22 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Walker & Dunlop insiders was also higher. Within the peer group there were 7,965 shares purchased and 212,603 shares sold with company insiders selling 9,302 shares on average.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in creating and writing this story.

Today’s Insider Activity
* Richard C Warner, Officer, sold 35,000 shares
* Howard W Smith III, Director and Officer, sold 25,000 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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