Walmart Inc. $WMT Shares Sold by Headlands Technologies LLC

Posted by Francis Steltz on Sep 3rd, 2026

Walmart logo Headlands Technologies LLC cut its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 52.0% in the second quarter, Holdings Channel.com reports. The firm owned 72,140 shares of the retailer’s stock after selling 78,279 shares during the quarter. Walmart makes up approximately 0.9% of Headlands Technologies LLC’s investment portfolio, making the stock its 13th biggest position. Headlands Technologies LLC’s holdings in Walmart were worth $8,171,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MFA Wealth Services boosted its stake in Walmart by 0.7% during the first quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock worth $1,356,000 after buying an additional 80 shares during the last quarter. Realta Investment Advisors increased its stake in shares of Walmart by 2.0% in the 1st quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock worth $508,000 after acquiring an additional 81 shares during the last quarter. Compton Financial Group LLC increased its stake in shares of Walmart by 4.1% in the 1st quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer’s stock worth $259,000 after acquiring an additional 82 shares during the last quarter. Renaissance Group LLC raised its holdings in shares of Walmart by 0.9% during the 4th quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock worth $1,074,000 after acquiring an additional 83 shares during the period. Finally, Calton & Associates Inc. raised its holdings in shares of Walmart by 0.3% during the 4th quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after acquiring an additional 84 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

NASDAQ WMT opened at $106.09 on Thursday. The stock has a market cap of $841.69 billion, a PE ratio of 38.30, a P/E/G ratio of 4.04 and a beta of 0.59. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. Walmart Inc. has a twelve month low of $97.50 and a twelve month high of $135.15. The stock has a fifty day simple moving average of $111.12 and a 200-day simple moving average of $119.88.

Walmart (NASDAQ:WMT – Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities analysts anticipate that Walmart Inc. will post 2.87 earnings per share for the current year.

More Walmart News

Here are the key news stories impacting Walmart this week:

Positive Sentiment: New products support Walmart’s broader growth strategy. Recent launches spanning fashion, groceries, health and home reinforce Walmart’s role in consumers’ everyday spending and could help sustain sales growth across multiple categories. However, investors are weighing these initiatives against the stock’s relatively elevated valuation. Is Walmart Undervalued Following Its Latest Product Launches?
Positive Sentiment: International e-commerce economics are improving. Walmart International’s rising digital mix, stronger e-commerce growth and reduced losses could eventually support margin expansion, although ongoing investment and competitive pressures remain constraints. Walmart International’s Digital Mix Rises
Positive Sentiment: Tigress Financial reiterated its Buy rating. The favorable analyst view provides support for the stock, particularly after its recent pullback. Tigress Financial Reiterates Buy Rating for Walmart
Neutral Sentiment: Executive selling was modest and conducted under a Rule 10b5-1 plan. EVP Daniel Bartlett sold approximately $415,000 of shares, reducing his holdings by just 0.63%. The pre-arranged nature of the transaction makes it a limited trading signal. SEC Insider Trading Filing
Negative Sentiment: The Department of Justice expanded its beef-price investigation to Walmart and other major retailers. The inquiry into rising retail beef prices could create legal, reputational or compliance risks, although no wrongdoing has been established. DOJ Expands Beef Price Investigation

Insider Activity at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 3,950 shares of Walmart stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total transaction of $415,303.00. Following the completion of the sale, the executive vice president directly owned 622,349 shares in the company, valued at $65,433,773.86. This trade represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the completion of the sale, the executive vice president directly owned 569,153 shares in the company, valued at $60,523,730.02. This trade represents a 0.51% 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 have sold 81,242 shares of company stock valued at $8,836,446 in the last ninety days. Insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Walmart from $137.00 to $125.00 and set an “overweight” rating for the company in a report on Friday, August 21st. BNP Paribas Exane reaffirmed an “outperform” rating and set a $137.00 target price (down from $146.00) on shares of Walmart in a research note on Friday, August 21st. Raymond James Financial reiterated an “outperform” rating and issued a $130.00 target price on shares of Walmart in a report on Friday, August 21st. The Goldman Sachs Group reissued a “buy” rating and issued a $130.00 price target on shares of Walmart in a research note on Friday, August 21st. Finally, Evercore set a $125.00 price target on shares of Walmart in a report on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $131.88.

Check Out Our Latest Stock Analysis on WMT

About Walmart

(Free Report)

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.