Insider Cluster (2 insiders) ·Filed Sep 2, 2026

WMT

Walmart Inc.
NEUTRAL
Impact 3/10
Horizonweeks Processed29d 16h ago
Insider cluster: 2 insiders, $5.8M total
Actionable Insight • Neutral

These sales are routine for a mega-cap retailer following a well-received earnings report. No bearish signal — the dollar amounts are negligible relative to market cap. Monitor next 10-Q for any guidance drift, but no trade action warranted here.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+5d
WMT ▼ -1.17% at T+5d
NEUTRAL call ✗ call lost -1.17% · α vs SPY -0.02% · entry $108.42 → $107.15
Next anchor: T+20d due yesterday
Latest observation: T+19 +3.95% FF3 residual α
Entry anchored
Sep 2, 04:56 PM ET
via 1-min bar
T+1d
-1.18%
call -1.18% · α -0.80%
$107.14
settled 29d ago
T+5d
-1.17%
call -1.17% · α -0.02%
$107.15
settled 22d ago
T+20d
—
call — · α —
—
due yesterday
T+60d
—
call — · α —
—
in 8w

Price Chart

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Executive Summary

Two Walmart executive vice presidents sold a total of $5.75M in stock over a week, following the company's strong Q2 beat and raised FY27 guidance reported just 13 days earlier. The sales are significant in absolute dollar terms but trivial relative to WMT's $840B market cap (~0.0007%), and are consistent with routine post-earnings diversification by non-CEO executives.

Key Financial Metrics

Direction
selling
Total Value
$5.8M
Insiders
2

Key Facts

  • Two Walmart EVPs sold a combined $5.75M in open-market transactions from Aug 26 to Sep 1, 2026.
  • Daniel Danker (EVP) sold 50,606 shares for ~$5.34M; Daniel J. Bartlett (EVP) sold 3,950 shares for ~$415K.
  • Total sales represent just 0.0007% of Walmart's $840B market cap.
  • Sales occurred 13 days after Walmart reported a strong Q2 FY27 beat (adj. EPS $0.81 vs. $0.73 consensus) and raised full-year guidance.
  • The insider sales are not a cluster of C-suite (CEO/CFO) sales; both sellers are EVPs, which carries lower informational weight.

Financial Impact

Sales of $5.75M represent 0.0007% of market cap — immaterial on a proportional basis.

Risk Factors

  • If a broader insider sale pattern emerges from CFO or CEO, it would be a more significant signal.
  • Historical performance on WMT reports shows poor win rate at T+20 (13%), suggesting limited predictive value of large-cap retail filings.

Market Snapshot

Price
$106.61
Volume
100
Exchange
Nasdaq
Sector
Retail-Variety Stores
Analyst Consensus
88% bullish (48 analysts)

Investment Themes

Consumer & Retail

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-WMT-1788382902108
49 reports for WMT
Performance horizon
100% Hit rate 7 of 7 directional calls best @ T+60▲ +10.45%Apr 13, 2026
Filters
Rows
Reports for WMT — sortable, filterable
TypeNow
Sep 2, 2026
29d ago
Insider Cluster
NEUTRAL ★ 3/10
$108.42 $107.15▼ −1.17%▼ −0.02%$104.26 (−3.84%)
Aug 27, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$102.63 $106.09▲ +3.37%▲ +4.14%$104.26 (+1.59%)
Aug 20, 2026
6w ago
8-K
BULLISH ★ 7/10
$103.84 $102.63▼ −1.17%▼ −2.28%$104.26 (+0.40%)
Jul 1, 2026
13w ago
Court Ruling
NEUTRAL ★ 1/10
$108.82 $111.54▲ +2.50%▲ +2.24%$104.26 (−4.19%)
Jun 30, 2026
13w ago
Court Ruling
NEUTRAL ★ 1/10
$113.26 $110.65▼ −2.30%▼ −2.91%$104.26 (−7.95%)
Jun 24, 2026
14w ago
Court Ruling
NEUTRAL ★ 1/10
$119.00 $108.82▼ −8.55%▼ −10.26%$104.26 (−12.39%)
Jun 17, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$117.18 $115.78▼ −1.19%▲ +0.47%$104.26 (−11.03%)
Jun 17, 2026
15w ago
Court Ruling
NEUTRAL ★ 1/10
$118.13 $115.78▼ −1.99%▼ −1.09%$104.26 (−11.74%)
Jun 9, 2026
16w ago
Court Ruling
NEUTRAL ★ 1/10
$118.88 $121.03▲ +1.81%▲ +0.01%$104.26 (−12.30%)
Jun 5, 2026
17w ago
Court Ruling
BULLISH ★ 4/10
$118.88 $121.04▲ +1.82%▲ +1.25%$104.26 (−12.30%)
Showing 10 of 49

US Market Status

Market Closed — Opens in 3m

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Report published Sep 2, 2026