Walmart (NASDAQ:WMT) Stock Sale Reported by Rep. Pete Sessions

Posted by Brenda Bartman on Oct 29th, 2026

Walmart logo Representative Pete Sessions (Republican-Texas) recently sold shares of Walmart Inc. (NASDAQ:WMT). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $50,001 and $100,000 in Walmart stock on October 2nd. The trade occurred in the Representative’s “TRUST ONE” account.

Representative Pete Sessions also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Walmart Trading Down 0.5%

Shares of WMT stock opened at $118.77 on Thursday. Walmart Inc. has a 12-month low of $98.88 and a 12-month high of $135.15. The company has a market capitalization of $942.29 billion, a P/E ratio of 42.88, a P/E/G ratio of 4.33 and a beta of 0.58. The firm has a 50-day moving average price of $109.70 and a 200 day moving average price of $118.34. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT – Get Free Report) last released its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating analysts’ consensus estimates 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%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Research analysts forecast that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, CEO John Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $120.60, for a total transaction of $1,582,875.00. Following the sale, the chief executive officer directly owned 634,790 shares in the company, valued at $76,555,674. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Nicholas sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $120.60, for a total value of $349,740.00. Following the transaction, the executive vice president directly owned 563,353 shares in the company, valued at approximately $67,940,371.80. This represents a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 102,244 shares of company stock valued at $11,112,044. Corporate insiders own 0.09% of the company’s stock.

Hedge Funds Weigh In On Walmart

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Merkkuri Wealth Advisors LLC bought a new position in shares of Walmart in the 1st quarter valued at about $29,000. Montgomery Financial Services LLC purchased a new position in Walmart in the second quarter worth about $32,000. Turim 21 Investimentos Ltda. purchased a new position in Walmart in the second quarter worth about $34,000. PMV Capital Advisers LLC bought a new stake in Walmart during the second quarter worth approximately $34,000. Finally, Pingora Partners LLC bought a new stake in Walmart during the second quarter worth approximately $34,000. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on WMT shares. Truist Financial set a $114.00 price target on Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Evercore reaffirmed an “outperform” rating on shares of Walmart in a report on Tuesday, October 20th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a research report on Friday, August 21st. Raymond James Financial reiterated an “outperform” rating and set a $130.00 price target on shares of Walmart in a research report on Friday, August 21st. Finally, BMO Capital Markets reissued an “outperform” rating and set a $126.00 price objective on shares of Walmart in a report on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $132.41.

Check Out Our Latest Research Report on Walmart

More Walmart News

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Walmart lowered the cost of its Thanksgiving meal basket by $5, reinforcing its value proposition as consumers remain sensitive to food prices. Affordable holiday offerings could support traffic and market-share gains. Walmart Thanksgiving menu comparison
Positive Sentiment: Walmart said AI training has increased technology confidence among its more than 2.1 million associates. Broader employee adoption could improve productivity and customer service over time. Walmart AI training for workers
Positive Sentiment: The retailer is expanding its digital ecosystem by opening its store to AI shopping agents and adding controls for those transactions. Walmart is also partnering with Care Access to add three clinical-trial centers, supporting longer-term growth in digital commerce and healthcare services. Walmart AI shopping agents
Neutral Sentiment: Analyst commentary continues to compare Walmart with Tesco and MercadoLibre, highlighting Walmart’s scale and expanding digital operations but also its elevated valuation and profitability considerations. WMT versus MercadoLibre
Neutral Sentiment: Walmart’s potential to benefit from advertising, e-commerce, automation and healthcare remains part of the investment case, although execution and valuation are key factors for investors.
Negative Sentiment: The Federal Trade Commission demanded data from Walmart and other companies about personalized pricing. The inquiry could increase compliance costs or create reputational and regulatory risks if regulators find consumers are treated unfairly, though no wrongdoing was alleged. FTC personalized pricing inquiry
Negative Sentiment: Exchange-traded funds were reported as net sellers of Walmart shares, creating a modest technical headwind and signaling some portfolio rebalancing pressure.
Negative Sentiment: A lawsuit alleges Walmart inflated the weight of shrimp packages with ice. Although the financial impact is unclear, the claim adds potential legal costs and negative publicity. Walmart shrimp lawsuit

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

About Walmart

(Get Free Report)

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.