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

Walmart Inc. (NASDAQ:WMT) EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $118.19, for a total value of $342,751.00. Following the completion of the sale, the executive vice president directly owned 574,953 shares in the company, valued at approximately $67,953,695.07. The trade was a 0.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, May 21st, Christopher James Nicholas sold 2,900 shares of Walmart stock. The shares were sold at an average price of $123.92, for a total transaction of $359,368.00.
• On Thursday, April 16th, Christopher James Nicholas sold 2,900 shares of Walmart stock. The shares were sold at an average price of $124.72, for a total transaction of $361,688.00.

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $119.42 on Wednesday. The firm has a fifty day simple moving average of $124.22 and a two-hundred day simple moving average of $122.18. Walmart Inc. has a 52 week low of $94.23 and a 52 week high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $950.35 billion, a P/E ratio of 41.90, a PEG ratio of 4.37 and a beta of 0.59.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 net margin of 3.13% and a return on equity of 21.25%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Wolfe Research reissued an “outperform” rating and issued a $137.00 price objective (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. BNP Paribas Exane dropped their price objective on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a report on Friday, May 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $137.00 target price (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. Finally, BTIG Research restated a “buy” rating and issued a $145.00 price target on shares of Walmart in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.85.

Institutional Investors Weigh In On Walmart

Several hedge funds have recently modified their holdings of WMT. Brighton Jones LLC grew its stake in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the last quarter. Peterson Wealth Management raised its stake in shares of Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after acquiring an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after acquiring an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after acquiring an additional 1,048 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s long-term nuclear power deal with Constellation Energy supports its sustainability strategy and may improve power-cost stability for operations. Article Title
• Positive Sentiment: Walmart’s planned acquisition of Vibe.co could expand its connected-TV advertising reach and boost higher-margin ad revenue. Article Title
• Positive Sentiment: Walmart’s Medicare support push and new weight-management coverage guidance may strengthen pharmacy traffic and customer loyalty. Article Title
• Positive Sentiment: Walmart will sell Life Extension supplements in 4,000+ stores, adding another health-and-wellness product line. Article Title
• Neutral Sentiment: An executive sold 2,900 shares under a pre-arranged trading plan; the sale appears routine and small relative to the executive’s holdings. Article Title
• Negative Sentiment: Walmart faces a proposed lawsuit alleging AI-driven gas-price inflation in California, which could create legal and reputational risk. Article Title

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.