Walmart (NASDAQ: WMT) is currently defying gravity. The stock is trading near all-time highs, hovering around $118 per share, and the company is rapidly approaching a historic $1 trillion market capitalization. By almost every financial metric, the retail giant is firing on all cylinders, outperforming competitors and the broader retail sector. However, for investors watching the insider trading dashboard, a confusing signal is flashing red. While the market is buying hand over fist, the people running the company are selling.
Over the last 12 months, tracking data reveals a stark disparity: zero open-market purchases by insiders and over $60 million in sales. This creates a paradox. Usually, insider selling is viewed as a lack of faith in the company’s future. Yet, Walmart’s stock price is up over 5% in the last 30 days and up 10% in the past ninety days.
