Insider Selling: Walmart (NASDAQ:WMT) Director Sells $2,303,320.08 in Stock

Walmart Inc. (NASDAQ:WMTGet Free Report) Director C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

C Douglas Mcmillon also recently made the following trade(s):

  • On Thursday, April 23rd, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The shares were sold at an average price of $132.21, for a total value of $2,566,989.36.
  • On Thursday, March 26th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The stock was sold at an average price of $123.16, for a total value of $2,391,274.56.

Walmart Stock Performance

Shares of WMT stock opened at $115.75 on Monday. The company has a market cap of $922.64 billion, a P/E ratio of 40.61, a PEG ratio of 4.32 and a beta of 0.60. The stock has a 50 day simple moving average of $126.11 and a two-hundred day simple moving average of $120.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a fifty-two week low of $93.43 and a fifty-two week high of $135.15.

Walmart (NASDAQ:WMTGet Free Report) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Key Walmart News

Here are the key news stories impacting Walmart this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on WMT shares. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 2nd. Craig Hallum set a $150.00 price objective on shares of Walmart in a research report on Friday, March 6th. Telsey Advisory Group raised their target price on Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Citigroup reaffirmed a “buy” rating and issued a $147.00 target price (up from $120.00) on shares of Walmart in a research report on Thursday, February 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research note on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Get Our Latest Report on Walmart

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in WMT. Norges Bank purchased a new position in shares of Walmart during the fourth quarter valued at approximately $6,458,529,000. AQR Capital Management LLC grew its stake in shares of Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after acquiring an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Walmart by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after purchasing an additional 6,517,394 shares during the last quarter. Capital International Investors bought a new position in shares of Walmart during the fourth quarter valued at about $592,848,000. Finally, Vanguard Group Inc. boosted its holdings in Walmart by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after purchasing an additional 4,304,436 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Company Profile

(Get 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.

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Insider Buying and Selling by Quarter for Walmart (NASDAQ:WMT)

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