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

Walmart Inc. (NASDAQ:WMT) EVP Christopher Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $106.65, for a total value of $309,285.00. Following the transaction, the executive vice president directly owned 566,253 shares in the company, valued at approximately $60,390,882.45. The trade was a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through 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, 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 Stock Down 0.1%

Shares of NASDAQ WMT traded down $0.06 during midday trading on Friday, hitting $106.73. The company’s stock had a trading volume of 43,761,647 shares, compared to its average volume of 25,479,258. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. The firm has a market capitalization of $846.77 billion, a price-to-earnings ratio of 38.53, a price-to-earnings-growth ratio of 4.10 and a beta of 0.59. The business’s fifty day simple moving average is $109.92 and its two-hundred day simple moving average is $118.31. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities analysts predict that Walmart Inc. will post 2.87 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WMT shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Friday, August 21st. Gordon Haskett lowered Walmart from a “buy” rating to an “accumulate” rating in a research report on Thursday, August 20th. Deutsche Bank Aktiengesellschaft set a $113.00 price objective on Walmart in a research note on Friday, August 21st. BNP Paribas Exane reissued an “outperform” rating and set a $137.00 price objective (down from $146.00) on shares of Walmart in a research report on Friday, August 21st. Finally, Robert W. Baird reduced their target price on shares of Walmart from $140.00 to $120.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $131.88.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. MFA Wealth Services lifted its holdings in shares of Walmart by 0.7% in the 1st quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock worth $1,356,000 after purchasing an additional 80 shares during the last quarter. Realta Investment Advisors grew its stake in Walmart by 2.0% during the 1st quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock worth $508,000 after buying an additional 81 shares during the last quarter. Compton Financial Group LLC grew its stake in Walmart by 4.1% during the 1st quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer’s stock worth $259,000 after buying an additional 82 shares during the last quarter. Calton & Associates Inc. increased its position in Walmart by 0.3% in the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after buying an additional 84 shares during the period. Finally, Advocacy Wealth Management LLC increased its position in Walmart by 2.5% in the fourth quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock worth $378,000 after buying an additional 84 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Company Profile

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.