WD Walker & Dunlop, Inc. Insider Trading

Director Dana L. Schmaltz buys 1,000 shares of Walker & Dunlop at $45.78; stock down 50.2% from 52-week high

Director Dana L. Schmaltz purchased 1,000 shares at $45.78, expanding her holdings from 83,325 to 84,325 shares. The transaction occurred as Walker & Dunlop's stock has declined 50.2% from its 52-week high of $87.97 and is down 32.3% over the prior 30 days, trading at $43.82 at current market levels. Despite recent weakness, the company maintains solid fundamentals with annual revenue growth of +9.0%, quarterly revenue of $337.7M, and quarterly net income of $33.5M, supporting a P/E of 23.69 and market cap of $1.5B. The modest purchase size relative to her existing 84.3K share position reflects an incremental stake increase rather than a material portfolio shift, warranting attention to whether the director's activity portends confidence in value at depressed levels or simply routine portfolio management.

Director Freedman buys 5,000 WD shares at $49.21 (+455.8% to holdings); 2 other insiders bought in past 14 days

FREEDMAN ERNEST MICHAEL, a director, purchased 5,000 shares of Walker & Dunlop at $49.21, increasing his holdings by 455.8% from 1,097 to 6,097 shares. This transaction occurs within a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated accumulation at the leadership level. The stock has declined 45.2% from its 52-week high of $87.97 and is down 25.3% over the past 30 days, providing the backdrop for this purchase decision. With the company reporting quarterly revenue of $337.7M, net income of $33.5M, and annual revenue growth of 9.0%, the multi-insider buying activity warrants close attention to understand management's conviction at current valuations relative to forward-looking business momentum.

Director Donna Wells buys 500 WD shares at $46.96; holdings rise to 5,277 shares as stock down 42.8% from 52-week high.

Director Donna Wells purchased 500 shares of Walker & Dunlop at $46.96 on 2026-03-03, increasing her position to 5,277 shares (+10.5% vs pre-transaction holdings of 4,777 shares). The acquisition occurred at a price significantly below the 52-week high of $87.97, with the stock currently down 42.8% from that peak and 19.4% lower over the past 30 days. The company maintains solid fundamentals with annual revenue growth of +9.0%, net income of $33.5M on quarterly revenue of $337.7M, and a market cap of $1.7B at a P/E of 27.22. This purchase adds to her existing stake but occurs in a context of sustained price decline and near-term weakness, warranting examination of whether this reflects a long-term conviction decision or a response to near-term market conditions.

WD Chairman William M. Walker bought 10,000 shares at $47.46; stock down 44.6% from 52-week high, -22.6% in 30 days.

William M. Walker, Chairman & CEO of Walker & Dunlop, purchased 10,000 shares at $47.46 on 2026-03-02, increasing his holdings to 488,948 shares. The purchase occurred amid significant recent price weakness: the stock is trading at $48.70, down 44.6% from its 52-week high of $87.97 and down 22.6% over the prior 30 days. Contextually, Walker's two prior open-market purchases showed adverse 30-day and 90-day returns (averaging -9.5% and -21.6% respectively across his cross-ticker track record), and his prior purchases at Walker & Dunlop specifically in March 2025 were followed by declines of 9.2%–9.9% in 30 days and 21.3%–21.9% in 90 days. The current transaction's timing and market context—with the stock at a substantial distance below recent highs—warrants tracking of post-purchase price performance to assess whether this represents a meaningful near-term turning point for the company.

WD Chairman & CEO Walker purchases 17,500 shares ($1.5M) at $86.14-$86.80 as stock down 26.0% from 52-week high.

Walker William M, Chairman & CEO of Walker & Dunlop, purchased 17,500 shares via 2 separate transactions on 2025-03-06, spending $1,508,671.26 at a blended average price of $86.21. The purchase occurs as WD trades at $86.01, down 9.3% over 30 days and 20.9% over 90 days, with the stock 26.0% below its 52-week high of $116.31. Notably, this accumulation adds 4.4% to Walker's pre-transaction holdings of 393,770 shares, bringing his total to 411,270 shares. His prior transaction at WD—a sale on 2023-12-14—resulted in a 90-day return of -12.7%, which proved well-timed relative to the subsequent decline. The current purchase at depressed levels warrants attention to whether the CEO views the recent pullback as an opportunity, though the timing pattern and trading context should be evaluated against broader company fundamentals and market conditions.

EVP/COO Theobald sells 13,870 shares (20.5% of holdings) for $1.5M; 4 prior WD sales all showed negative 90d returns.

Stephen P. Theobald executed 5 separate sales totaling 13,870 shares for $1,471,582.66 on 2024-08-23, reducing his holdings from 67,738 to 53,868 shares—a -20.5% reduction. The blended average sale price was $106.10, and the stock currently trades at $106.41. Across Theobald's 4 prior sales at Walker & Dunlop (all in 2023), the pattern is remarkably consistent: all 4 trades showed negative 90-day returns ranging from -5.7% to -13.2%, indicating the insider sold before declines. His cross-ticker track record shows a 100.00% well-timed rate on 4 prior sells with an average 90-day return of -9.6%. This filing adds a substantial volume transaction (13.9K shares) by a senior operational executive to a documented timing pattern; investors should monitor the post-sale price trajectory over the following 90 days for alignment with prior outcomes.