Insider Selling: Walmart (NYSE:WMT) SVP Sells 7,000 Shares of Stock

Walmart Inc. (NYSE:WMT) SVP David Chojnowski sold 7,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. The trade was a 4.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Walmart Stock Up 2.1%

Shares of NYSE:WMT traded up $2.21 during trading on Wednesday, hitting $109.21. 17,774,556 shares of the company’s stock traded hands, compared to its average volume of 18,575,637. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.59. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average price of $103.60 and a 200-day moving average price of $100.03. The company has a market cap of $870.70 billion, a price-to-earnings ratio of 41.06, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same period last year, the company earned $0.58 earnings per share. The firm’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Institutional Investors Weigh In On Walmart

Several hedge funds have recently added to or reduced their stakes in WMT. Aviva PLC boosted its holdings in shares of Walmart by 16.4% during the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after purchasing an additional 539,504 shares during the period. Weatherly Asset Management L. P. raised its stake in Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after buying an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its holdings in Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares during the period. Ally Financial Inc. bought a new stake in Walmart during the 1st quarter valued at approximately $2,107,000. Finally, Night Squared LP bought a new position in shares of Walmart in the 1st quarter worth approximately $1,052,000. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on WMT. JPMorgan Chase & Co. upped their target price on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Wells Fargo & Company set a $120.00 target price on shares of Walmart and gave the company an “overweight” rating in a report on Friday, November 21st. UBS Group reiterated a “buy” rating on shares of Walmart in a report on Friday, November 14th. Mizuho restated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Finally, Guggenheim restated a “buy” rating and set a $120.00 price objective (up previously from $115.00) on shares of Walmart in a report on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.55.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.