Rachel Brand, Executive Vice President at Walmart (NYSE:WMT), reported a large insider sell on November 21, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Brand sold 16,840 shares of Walmart. The total transaction amounted to $2,627,634.
Walmart shares are trading down 0.44% at $155.18 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however an insider ...