Insider Selling: Walmart (NYSE:WMT) EVP Sells 2,200 Shares of Stock

Walmart Inc. (NYSE:WMT) EVP John Rainey sold 2,200 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $111.23, for a total value of $244,706.00. Following the sale, the executive vice president directly owned 617,318 shares of the company’s stock, valued at $68,664,281.14. This represents a 0.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Walmart Stock Performance

Shares of NYSE:WMT traded up $1.06 on Tuesday, hitting $112.59. The company had a trading volume of 18,698,473 shares, compared to its average volume of 18,532,451. The stock has a market cap of $897.66 billion, a price-to-earnings ratio of 42.33, a P/E/G ratio of 4.83 and a beta of 0.67. The stock has a 50 day moving average price of $104.15 and a 200 day moving average price of $100.42. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $112.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. Walmart’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Collier Financial bought a new stake in shares of Walmart during the 3rd quarter worth $25,000. Access Investment Management LLC bought a new position in Walmart in the second quarter valued at about $26,000. Your Advocates Ltd. LLP acquired a new position in Walmart during the third quarter worth about $28,000. Redmont Wealth Advisors LLC acquired a new position in Walmart during the third quarter worth about $30,000. Finally, Operose Advisors LLC lifted its holdings in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMT has been the topic of several research reports. Truist Financial upped their target price on Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. BMO Capital Markets upped their price objective on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Wells Fargo & Company set a $120.00 price objective on Walmart and gave the stock an “overweight” rating in a research report on Friday, November 21st. Finally, Cowen reissued a “buy” rating on shares of Walmart in a research report on Monday, November 10th. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $118.55.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.