Have you seen how high the Dow Jones is right now? The S&P? Nasdaq?
I don't know if you invest in US markets, but they all are at all time highs.
Profit taking is super common at market highs.
Did you see this part
For nearly the entire bunch, share prices are trading near all-time highs.
Also $11 billion dollars in trades across various sectors over several months is not going to crash the market.
Did you see this part?
Many of the sales were made according to 10b5-1 trading plans that the executives set up late last year and early this year. These trading plans are created in advance so that shares are automatically sold by a broker at a specific date or when the stock hits a certain price.They’re set up to be triggered at a time when the executive doesn’t possess material nonpublic information that could potentially move the stock price and gives the executive a defense against potential insider-trading charges by regulators.
This means these trades could be nothing more than Walmart family members saying, if the stock ever goes above $52 during a period when I don't have nonpublic info make this trade.
Have you seen how high the Dow Jones is right now? The S&P? Nasdaq?
I don't know if you invest in US markets, but they all are at all time highs.
Profit taking is super common at market highs.
Did you see this part
Also $11 billion dollars in trades across various sectors over several months is not going to crash the market.
Did you see this part?
This means these trades could be nothing more than Walmart family members saying, if the stock ever goes above $52 during a period when I don't have nonpublic info make this trade.