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Insider’s Selling (Part 2): Walton Family Cashes Out of Wal-Mart!

This is Part 2 of a 3-part series about Stock Market Insiders selling big chunks of their fortunes all at roughly the same time.

Part 1 was Jeff Bezos selling a record $8.5 billion worth of Amazon shares in case you missed it:

Insider’s Selling (Part 1): Jeff Bezos Sells $8.5 BILLION of Amazon Stock

Part 2 features the Walton Family of Wal-Mart fame.

And before we dig into that, allow me to reiterate once again the purpose of these articles.

First, because it’s news and that’s what we cover here.

But second, and more interesting to me, is that we have all of these big time insiders selling all at roughly the same time.

That catches my attention….

Because I always like to see and follow what they DO, not what they tell us. Because those things are often polar opposites.

The Walton Family has been selling millions upon millions worth of stock recently:

Many on Twitter are claiming three Walton heirs each sold $1.5 billion:

But as best I can tell, that’s not accurate.

From what I can see it is the Trust for the heirs that sold $1.5 billion in total — I know, I know, they will just have to “rough it” and split $1.5 billion amongst the three of them.  I hope they can somehow make it!  🤣

Yahoo Finance confirms it is $1.5 billion in total sales (still a ton):

High-profile CEOs, founders, and heirs are selling stock by the bucketload in the companies that made them billionaires. For nearly the entire bunch, shares prices are trading near all-time-highs.

Jeff Bezos sold Amazon shares worth $8.5 billion in multiple transactions this month. Meanwhile, Jamie Dimon, CEO and chairman of JPMorgan Chase, sold $150 million in stock last week, his first cashing out since taking the top job at the bank 18 years ago. Around the same time, Leon Black, co-founder and former CEO of Apollo Global Management, shed $172.8 million in stock—also a first-ever stock sale.

In dozens of trades since the beginning of February, Mark Zuckerberg unloaded about 1.4 million shares of Meta stock worth roughly $638 million, according to an analysis from insider stock sales data firm Verity. This latest batch of sales came after previously culling 588,200 shares in November, 688,400 in December, and 447,200 in January. He sold nearly $600 million in the three months leading up to February and his proceeds from combined sales during the past four months have reached $1.2 billion.

Similarly, the trust for the Walton family, heirs to Walmart’s founder, sold $1.5 billion in Walmart stock this month. The family owns about 45% of Walmart’s shares, according to Bloomberg.

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 non-public information that could potentially move the stock price and gives the executive a defense against potential insider trading charges by regulators.

The sales come as the S&P 500 index is at an all-time high, rising 28% in the past year. The Nasdaq composite index is up nearly 40% the past year.

Black, of Apollo Global Management, was the one founder of the bunch to sell outside of a 10b5-1 trading plan. His spokesperson said that the trade was made as part of routine tax and estate planning and to boost the growth of his family office, Elysium Management. The Walton family’s sales were also outside of a 10b5-1 plan. A 2015 statement from the Walton family said that its members will sell shares from “time to time” to curb increases in its ownership of the retail giant. The Waltons set up the trust that same year and told Walmart that it had no set timetable for sales of company stock.

Calm before the storm

Alan Johnson, a compensation consultant who works with financial services firms, said the stock sales could be due to the fact that the election might shake things up in the fall. Thus, if an executive is currently “more in the money” than they expected, diversifying their holdings is a good idea. Plus, wealthy stock holders may be taking advantage of tax breaks implemented during the Trump administration, noted Johnson, in case they are eliminated under any new administration or Congress after the upcoming elections.

So why are they selling?

Is everything just fine?  Or is this the calm before the storm?

Selling at or near the market top?

These people didn’t get to where they are in life by being dumb.

I’ll reiterate what I said in Part 1….

I am NOT a financial advisor — hear me clearly on that — but if you’d like to get out of stocks and into something SAFER for your retirement, may I suggest that Gold has ALWAYS been God’s money?

Gold has never failed, it was money in the Bible and it’s still money today.

And a store of value.

If you’re looking for safe, grab this free Guide from my friends over at Genesis — I love what these guys do!

How One 12-Page Pamphlet Tells the Story of God, Gold and Glory

When you first start learning about gold as an investment, it’s easy to get overwhelmed.

Should you choose Gold ETFs, pooled accounts, individual accounts…

Or, maybe you should just buy gold outright. There are websites that’ll sell gold with a huge markup, and even pawn shops that sell gold around the corner from your favorite taco stand.

If you’re new to buying gold, you first need a trusted resource to lay out the plain facts. You need to know a brief history, why gold works, and the options available to you.

Thankfully, there’s a new, easy-to-read guidebook that’s opening minds and growing investment accounts.

Genesis Gold is offering a free guide that has everything you need to learn about investing in gold and other precious metals.

In just a short, 12-page read, you’ll learn what clues the Bible gives about man-made money (paper currency). You’ll even learn the three simple steps to investing in metals like gold.

And, you’ll also get a quick tutorial on:

  • Which precious metals are approved by the IRS

  • The different forms of gold, silver and other precious metals – coins, ingots, bars

  • Why the symbology (i.e. olive branches) matters on gold coins

  • Why there are different sized measurements of gold coins and bars

  • And a stunning innovation made by the Swiss

Genesis Gold is giving you the tools to make your own decisions. Instead of trusting in fly-by-night investment opportunities, or Wall Street lies, you can learn the long-term strategy that has worked since Moses.

As it says in Ezekiel 28:4 – By your wisdom and understanding you have gained wealth for yourself and amassed gold and silver in your treasuries.

Click here to get this free pamphlet from Genesis Gold and begin your journey to investing with the wisdom of Solomon.

Here is what conservative star Dean Cain says about working with Genesis Gold Group:

==>Click here to contact Genesis Gold Group today and receive a free Definitive Gold Guide and learn more about protecting your life’s savings from the various threats we’re facing today.

(Note: Thank you for supporting American businesses like the one presenting a sponsored message in this article and working with them through the links in this article which benefit WLTReport. We appreciate your support and the opportunity to tell you about Genesis Gold!  The information provided by WLTReport or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.) 

RELATED:

Gold and Silver: “No one wants to sell at these make believe prices”

I’ve been telling you for a long time now that Gold and Silver are vastly undervalued.

I’m not a financial advisor and I can’t tell you what to do, but I can look at historical data and I can easily see that the current price of Gold and Silver makes no sense unless….it’s being manipulated.

Now who would want to do that?

And the more important question: will it go on forever, or do the manipulators eventually release the stretched rubber band and ride an explosion up?

I’ve you’ve been paying attention in life, you know the answer.

You know these crooks on Wall Street manipulate things down, ⭐️ then they load their boats, then they manipulate them up into a bubble.

Where are we in that process right now for commodities like Gold and Silver?

Right exactly where I placed that star up above.

⭐️ = You Are Here

The Big Boys are loading their boats.

But that’s not just my opinion.

I’m a nobody.

Listen to Andy Schectman who is an expert on these things and he lays it out PERFECTLY in two minutes.

Here’s my rough paraphrase:

“A concerted effort by the very powerful to use the suppression of commodities (gold, silver, but also a long list of all other commodities)…these countries are not complaining about suppressed low prices yet because they’re accumulating!  But once it becomes obvious that the availability of these commodities is very scarce and no one wants to sell at these “make believe prices” then the public says “OMG, what have we been missing?”  And maybe that all happens in concert with a breakdown of the banking system, then the public says “give it to me now” and that’s when you’ll see the circuit breakers be put into affect.  But at that point it’s too late.”

Oh my!

It’s so much better to listen to him explain it in his own words.

It’s just 2 minutes long.

Watch here (as presented by my friend the Digital Asset Investor):

But it’s not just Andy either.

It’s this latest interview over at SGT Report.

Sean does such a great job over there of interviewing people on topics the MSM doesn’t want you to see, and his latest is called “$1,000 Silver — Seriously, Stop Laughing”.

There’s actually a lot of history that goes into that quote and this was a great discussion by four very smart individuals.

Watch here:

I’ve been sounding the alarm for a while now…

Have you taken action?

As always, there’s one thing I always say and it’s never been proven wrong:  Watch what they DO, not what they SAY.

Who is “they”?

The same people Andy Schectman was talking about.

Big Governments.

Central Banks all over the world.

Big Business.

What are they doing?

They are LOADING THEIR BOATS with as much Gold and Silver as they can find and they’re laughing all the way to the bank because they’re buying at what Andy says are “make believe prices”.

Are you?

After the Great Financial Crash of 2008, I made a decision.

From that point forward, I would simply do what the Big Boys were doing.

I would simply watch what they’re doing and copy it.

Oh, and if they had Jim Cramer telling people the OPPOSITE (i.e. Cramer says Gold is a loser, but the Central Banks are buying with both fists) that was usually the perfect confirmation I needed.

So that’s been my strategy since 2008 and it’s worked very well for me.

Here’s more….

Here’s Why Banks Are Buying Up All of the Gold

I’ve got Jordan Peterson and Peter Schiff in a fascinating conversation about the Value of Gold.

And it’s not just some academic debate.

This could very soon be one of the most important things in your world when the U.S. Dollar crashes and gets its value cut in half….or worse.

These guys know what they’re talking about and this short 8 minute clip is definitely worth your time to watch.

I always say this: don’t listen to what the “Elites” tell you….watch what they are DOING.

And what are they doing?

Stacking gold and silver.

As much as they can get their hands on.

Look, I hope I’m wrong but I think we’re in for a massive event that is going to destroy bank accounts and destroy the U.S. Dollar.

So what happens to YOU when that happens?

Watch this and then scroll down for how I can help you stay safe right now….

Watch:

So, what can YOU do to protect yourself?

To protect your family?

To stay safe?

Simple: you need to get some #Gold or #Silver in your own possession.

It’s called “physical” gold and silver.

Not paper traded garbage on the stock exchanges that isn’t backed by anything.

Don’t touch that stuff.

I have two special hook-ups for you.

Both involve PHYSICAL gold and silver.

Because if you do NOTHING else, make sure you own “physical” gold and silver, not paper contracts.

The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they’re not actually backed by the gold and silver they claim to represent.

It’s a massive game of musical chairs out there and when the music stops (and I think it will stop soon…) people who only own paper might find themselves owning something not worth the paper it’s literally written on.

And I know you’ll never forget it if I give you this GIF so….Let’s Get Physical:

Now…WHERE do you get physical gold and silver and how do you know it’s real and safe?

And that you’re getting the best price?

Oh, and how about personal one-on-one real customer service?

You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?

That’s what I’m about to tell you.  

I have two killer connections for you…

The first is for purchasing gold and silver bullion.

That means bulk bars.

That’s the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you’ll know you’re in the right place.

You’ll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don’t see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here’s the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ok, that was #1.

Now I want to tell you about option #2.

An equally great company, I am so happy to be working with these guys.

This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).

You know what the beauty of that is?

TAX FREE baby!

I’m not a tax advisor, but that’s a general oversimplification.

Never pay more taxes than you are legally required to pay.

And that’s why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).

There’s so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!

They call it “Faith-Driven Stewardship” and they put it right on the homepage of their website along with a quote from Ezekiel:

Wealth Preservation With Gold & Silver –
The Genesis Gold IRA

By your wisdom and your understanding you have made wealth for yourself, and have gathered Gold and Silver into your treasuries – EZEKIEL 28:4

Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability, and a lack of virtue and encourages living wastefully in excess.

Conflicts have beleaguered us since the dawn of civilization, and they can all be encapsulated into one battle. The battle is between currency, man-made paper, and gold and silver — the two precious metals found in our Earth’s crust, sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war, greed, and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline, nurture self-constraint, self-reliance, and balance, and lead to confidence, a restrained government, and a more stable foreign policy.

Genesis Gold Group believes in empowering faith-driven stewardship with Gold & Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.

With a combined 50-plus years in the precious metals industry, let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.

Sincerely,

Genesis Gold Group

Empowering Faith-Driven Stewardship

Oh….and they’re VERY good at what they do.

You also get physical gold and silver with Genesis, believe it or not!  The gold and silver is purchased for you (in whatever combination of coins and bars you prefer, a picture taken and sent to you, and then stored safely in a vault for you!

I love what these guys are doing.

Here’s more on why gold and silver in your IRA are so powerful:

You can contact Genesis Gold here.

They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!

Tell ’em Noah sent ya!

Oh, and did you know Genesis is recommended by SUPERMAN himself?

It’s true.

Superman himself, Clark Kent — Dean Cain — came on my show a few weeks ago and we broke it all down:

Watch here:

Stay safe!

Make sure you can weather the storm when it hits!

Because the storm always hits eventually, doesn’t it?

As for me and my house, we will be ready. 💪


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