Walmart (NASDAQ:WMT) Trading Down 1.5% Following Insider Selling
by Tristan Rich · The Markets DailyWalmart Inc. (NASDAQ:WMT – Get Free Report) traded down 1.5% during mid-day trading on Monday after an insider sold shares in the company. The stock traded as low as $112.22 and last traded at $112.60. 21,355,785 shares were traded during mid-day trading, an increase of 13% from the average session volume of 18,831,008 shares. The stock had previously closed at $114.36.
Specifically, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $115.21, for a total transaction of $460,840.00. Following the sale, the executive vice president directly owned 1,031,455 shares in the company, valued at $118,833,930.55. The trade was a 0.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $114.91, for a total value of $1,508,193.75. Following the completion of the transaction, the executive vice president owned 733,841 shares of the company’s stock, valued at $84,325,669.31. This represents a 1.76% decrease in their position. The SEC filing for this sale provides additional information. In related news, EVP Daniel J. Bartlett sold 1,425 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $117.00, for a total transaction of $166,725.00. Following the completion of the sale, the executive vice president directly owned 641,363 shares in the company, valued at approximately $75,039,471. The trade was a 0.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Analyst Ratings Changes
Several brokerages have issued reports on WMT. Telsey Advisory Group restated an “outperform” rating and set a $135.00 target price on shares of Walmart in a research report on Wednesday. Guggenheim reissued a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. DA Davidson set a $130.00 target price on shares of Walmart and gave the stock a “buy” rating in a research note on Friday, November 21st. Finally, Robert W. Baird lifted their target price on shares of Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $120.54.
Check Out Our Latest Analysis on Walmart
Walmart Trading Down 1.5%
The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The firm has a market cap of $897.44 billion, a price-to-earnings ratio of 39.37, a PEG ratio of 5.28 and a beta of 0.64. The business has a fifty day moving average of $107.61 and a two-hundred day moving average of $102.10.
Walmart (NASDAQ:WMT – Get Free Report) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Walmart
Several hedge funds have recently modified their holdings of the stock. Collier Financial purchased a new stake in shares of Walmart in the third quarter valued at $25,000. Access Investment Management LLC acquired a new position in Walmart in the second quarter worth approximately $26,000. Your Advocates Ltd. LLP bought a new position in Walmart during the third quarter valued at approximately $28,000. Redmont Wealth Advisors LLC acquired a new stake in Walmart in the third quarter valued at approximately $30,000. Finally, PFS Partners LLC grew its position in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.
About Walmart
Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.
The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.