Walmart (NASDAQ:WMT) Shares Sold Rep. Richard McCormick

Representative Richard McCormick (Republican-Georgia) recently sold shares of Walmart Inc. (NASDAQ:WMT). In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walmart stock on July 30th. The trade occurred in the Representative’s “GROWTH PARTNERS ROTH IRA” account.

Representative Richard McCormick also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 7/30/2026.

Walmart Price Performance

Walmart stock opened at $114.33 on Tuesday. The firm has a market capitalization of $909.85 billion, a P/E ratio of 40.12, a PEG ratio of 4.30 and a beta of 0.61. The business has a 50-day moving average of $114.23 and a 200-day moving average of $121.53. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 1 year low of $95.42 and a 1 year high of $135.15.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts anticipate that Walmart Inc. will post 2.88 EPS for the current year.

Institutional Trading of Walmart

A number of hedge funds and other institutional investors have recently made changes to their positions in WMT. Entrust Financial LLC acquired a new stake in shares of Walmart in the fourth quarter valued at about $27,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Walmart during the 1st quarter worth approximately $29,000. Bay Harbor Wealth Management LLC raised its stake in shares of Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after purchasing an additional 105 shares in the last quarter. Sankala Group LLC acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $33,000. Finally, Motiv8 Investments LLC bought a new position in shares of Walmart in the fourth quarter valued at $34,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. BTIG Research reaffirmed a “buy” rating and set a $145.00 price target on shares of Walmart in a research report on Wednesday, June 3rd. KeyCorp restated an “overweight” rating on shares of Walmart in a report on Wednesday, August 12th. Wolfe Research reiterated an “outperform” rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a report on Monday, May 11th. Finally, Piper Sandler reissued an “overweight” rating on shares of Walmart in a research report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $138.50.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Advertising is emerging as an important profit driver. Reuters reports that Walmart’s retail same-store sales growth has leveled off, increasing investor focus on its high-margin advertising business to support earnings. Continued expansion of Walmart Connect could help offset pressure from slower merchandise growth. As retail stagnates, ad dollars help Walmart stay the course
• Positive Sentiment: DA Davidson reaffirmed its Buy rating and set a $150 price target, implying substantial upside from recent trading levels. The endorsement suggests the firm believes Walmart’s scale, traffic, and growth initiatives can overcome near-term concerns. DA Davidson Walmart rating update
• Positive Sentiment: Low prices and resilient demand remain supports. Walmart is using thousands of rollbacks to maintain customer traffic as fuel costs pressure household budgets. Analysts also say management has not yet seen a major spending shift despite gasoline prices exceeding $4 per gallon. Can Walmart Sustain Growth as Household Budgets Tighten?
• Positive Sentiment: Walmart’s dividend record remains a long-term attraction. The retailer has raised its dividend for 53 consecutive years, reinforcing confidence in the stability of its cash-generating business. Walmart dividend increases
• Neutral Sentiment: Upcoming Walmart results are a key catalyst for the retail sector. Investors will examine comparable sales, e-commerce growth, consumer spending trends, and guidance alongside results from Target, Home Depot, and Lowe’s. Retail earnings and Fed minutes
• Negative Sentiment: Slowing comparable sales and cautious guidance are weighing on expectations. Analysts have projected U.S. comparable-sales growth of roughly 3%, below the Street’s 3.8% estimate. Walmart’s premium valuation leaves limited room for disappointment if general merchandise and health-related sales continue moderating. Walmart leads retail earnings week
• Negative Sentiment: AI implementation may create execution and labor concerns. Store employees reportedly must correct or work around errors from Walmart’s new AI tools. While automation could eventually improve efficiency, unreliable systems may raise costs and frustrate workers in the near term. Walmart workers correcting AI errors

Insider Buying and Selling at Walmart

In other news, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction 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 approximately $495,230,306.77. This trade represents a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 70,189 shares of company stock valued at $8,377,320 in the last 90 days. Company insiders own 0.09% of the company’s stock.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

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.