Walmart (NASDAQ:WMT) Stock: Insider Christopher James Nicholas Sells 2,900 Shares

Posted by Francis Steltz on Oct 16th, 2026

Walmart logo Walmart Inc. (NASDAQ:WMT – Get Free Report) EVP Christopher Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $120.60, for a total transaction of $349,740.00. Following the sale, the executive vice president owned 563,353 shares of the company’s stock, valued at $67,940,371.80. This trade represents a 0.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Christopher James Nicholas also recently made the following trade(s):

On Thursday, September 17th, Christopher Nicholas sold 2,900 shares of Walmart stock. The shares were sold at an average price of $106.65, for a total transaction of $309,285.00.
On Thursday, August 20th, Christopher Nicholas sold 2,900 shares of Walmart stock. The stock was sold at an average price of $106.34, for a total transaction of $308,386.00.

Walmart Price Performance

Shares of NASDAQ WMT traded up $0.94 during mid-day trading on Friday, hitting $118.81. 20,539,491 shares of the stock were exchanged, compared to its average volume of 25,110,260. The company has a market cap of $942.61 billion, a P/E ratio of 42.89, a PEG ratio of 4.43 and a beta of 0.58. The stock’s fifty day simple moving average is $108.68 and its two-hundred day simple moving average is $116.21. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a twelve month low of $98.88 and a twelve month high of $135.15.

Walmart (NASDAQ:WMT – Get Free Report) last announced its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.74 by $0.07. The business had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. Walmart’s revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, analysts forecast that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on WMT. Piper Sandler reiterated an “overweight” rating and issued a $128.00 price objective (down from $137.00) on shares of Walmart in a research report on Friday, August 21st. Gordon Haskett cut Walmart from a “buy” rating to an “accumulate” rating in a report on Thursday, August 20th. The Goldman Sachs Group restated a “buy” rating and issued a $130.00 target price on shares of Walmart in a research note on Friday, August 21st. Telsey Advisory Group restated an “outperform” rating and issued a $130.00 target price (down from $140.00) on shares of Walmart in a research note on Friday, August 21st. Finally, UBS Group cut their price target on Walmart from $141.00 to $130.00 and set a “buy” rating for the company in a report on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $132.41.

Read Our Latest Research Report on WMT

Institutional Trading of Walmart

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Merkkuri Wealth Advisors LLC bought a new position in Walmart in the 1st quarter valued at $29,000. Montgomery Financial Services LLC acquired a new stake in shares of Walmart in the 2nd quarter valued at $32,000. Sankala Group LLC bought a new stake in shares of Walmart during the fourth quarter worth $33,000. Copos Capital S.a r.l. bought a new stake in shares of Walmart during the fourth quarter worth $34,000. Finally, Turim 21 Investimentos Ltda. bought a new stake in shares of Walmart during the second quarter worth $34,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

Positive Sentiment: Deutsche Bank upgraded Walmart to Buy from Hold and raised its price target to $136 from $113. The bank cited a more favorable setup heading into 2027, including potential margin contributions from Walmart Connect, Walmart+, and the company’s growing marketplace. Walmart Stock Pops Following Deutsche Bank Upgrade
Positive Sentiment: Walmart’s global e-commerce sales rose 23% in the quarter ended July 31, while management raised fiscal 2027 adjusted earnings guidance to $2.80–$2.87 per share. Faster pickup, delivery options, and Walmart+ engagement could support holiday sales. Home Depot vs. Walmart
Positive Sentiment: Walmart’s expanded employee benefits, including broader free prescription coverage and paid leave, may improve worker retention and reinforce its defensive appeal as consumers face persistent inflation. Walmart gains as investors rotate into defensives
Neutral Sentiment: Walmart’s long-term returns across milestones including the Jet.com acquisition highlight the stock’s durable performance, but also show that investor results vary significantly depending on the purchase date. Walmart’s Total Return From 5 Milestones
Negative Sentiment: Inflation reached 3.7% in September, increasing the likelihood of higher interest rates. Rising rates could pressure consumer spending, financing costs, and Walmart’s valuation, which remains elevated after its recent gains.
Negative Sentiment: Reports that Walmart and Target face surging costs could weigh on margins if the retailers cannot fully pass expenses on to customers. Walmart, Target face a new price problem
Negative Sentiment: An FDA warning letter has placed Walmart’s marketplace compliance under investor scrutiny, creating a potential regulatory and reputational overhang. FDA Warning Letter Puts Walmart Marketplace Compliance Under Scrutiny

Walmart Company Profile

(Get Free Report)

Walmart Inc (NASDAQ: WMT) is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam’s Club segments.