Coastal Bridge Advisors LLC purchased a new position in Walmart Inc. (NASDAQ:WMT – Free Report) in the second quarter, Holdings Channel reports. The fund purchased 36,268 shares of the retailer’s stock, valued at approximately $4,108,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bell & Brown Wealth Advisors LLC acquired a new stake in Walmart in the second quarter worth $6,451,000. Advisortrust Partners LLC boosted its holdings in shares of Walmart by 20.2% during the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after acquiring an additional 11,283 shares during the period. Union Bancaire Privee UBP SA grew its position in shares of Walmart by 253.3% during the first quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock worth $47,728,000 after acquiring an additional 275,337 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Walmart by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock worth $300,333,000 after acquiring an additional 68,632 shares during the last quarter. Finally, Vise Technologies Inc. increased its holdings in shares of Walmart by 42.1% in the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after acquiring an additional 81,635 shares during the period. 26.76% of the stock is owned by institutional investors.
Walmart Price Performance
Walmart stock opened at $103.09 on Monday. Walmart Inc. has a 52 week low of $95.79 and a 52 week high of $135.15. The stock has a market cap of $820.40 billion, a price-to-earnings ratio of 37.22, a PEG ratio of 3.92 and a beta of 0.61. The company’s 50-day moving average price is $111.90 and its two-hundred day moving average price is $120.39. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.
More Walmart News
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Walmart’s fiscal second-quarter results showed continued momentum beyond traditional store sales: revenue reached approximately $187.9 billion, global e-commerce grew 23%, and advertising revenue increased 38%. These higher-growth businesses could support future margins and cash flow. Walmart Growth Engine Hums
- Positive Sentiment: Analysts and commentary continue to point to Walmart’s expanding e-commerce, digital advertising, memberships, convenience-led fulfillment, automation and AI initiatives as reasons the recent decline could represent a long-term buying opportunity. Walmart’s scale and value-focused pricing remain important competitive advantages. Walmart Continues to Grow Beyond Retail
- Neutral Sentiment: Walmart settled a U.S. Justice Department lawsuit alleging that its pharmacies unlawfully contributed to the opioid epidemic. Resolving the case removes an overhang and reduces legal uncertainty, although the financial terms and any broader implications remain important for investors. Walmart Settles U.S. Opioid Lawsuit
- Negative Sentiment: Recent coverage highlights a potentially tougher consumer environment. Walmart’s comparable sales growth was 3.4% excluding pharmacy-related items, while middle-income shoppers appear increasingly focused on necessities and limiting discretionary purchases. Walmart and Home Depot Results
- Negative Sentiment: Investors are also questioning whether Walmart’s valuation adequately reflects its strong performance. A high earnings multiple, slower core sales growth and the stock’s position below its moving averages have amplified the impact of the recent selloff. Walmart Selloff Analysis
- Negative Sentiment: Executive Vice President Daniel Danker sold 50,644 shares worth approximately $5.3 million. The sale was made under a pre-arranged Rule 10b5-1 plan to cover taxes on vested equity awards, making it a weaker bearish signal than discretionary insider selling. Walmart Insider Trading Filing
Insider Transactions at Walmart
In other Walmart news, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares in the company, valued at $21,246,145.20. This represents a 20.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the transaction, the executive vice president directly owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 77,292 shares of company stock worth $8,421,143 in the last three months. 0.09% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the stock. Wolfe Research reissued an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Friday, August 21st. DA Davidson set a $132.00 price target on shares of Walmart and gave the company a “buy” rating in a research note on Friday, August 21st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $130.00 price target (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Piper Sandler reiterated an “overweight” rating and set a $128.00 price objective (down from $137.00) on shares of Walmart in a research report on Friday, August 21st. Finally, Freedom Capital raised Walmart from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.88.
Check Out Our Latest Analysis on Walmart
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.
Featured Stories
- Five stocks we like better than Walmart
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NASDAQ:WMT – Free Report).
Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.
