Rep. Pete Sessions Unloads Shares of Walmart Inc. (NASDAQ:WMT)

Key Points

• Rep. Pete Sessions sold between $50,001 and $100,000 of Walmart shares on October 2 through his “TRUST ONE” account, alongside sales of several other stocks in October.
• Walmart shares opened at $118.77, down 0.5%, while the company reported quarterly revenue of $187.94 billion and EPS of $0.81, beating analyst estimates. Revenue increased 5.9% year over year.
• Analysts maintain a generally positive view, with Walmart carrying an average “Buy” rating and a $132.41 price target, though elevated valuation, FTC scrutiny over personalized pricing and a shrimp-packaging lawsuit remain risks.

Representative Pete Sessions (Republican-Texas) recently sold shares of Walmart Inc. NASDAQ: WMT. In a filing disclosed on October 27th, the Representative disclosed that they had sold between $50,001 and $100,000 in Walmart stock on October 2nd. The trade occurred in the Representative's "TRUST ONE" account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 10/28/2026.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 10/27/2026.
• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 10/22/2026.
• Sold $1,001 - $15,000 in shares of Solstice Advanced Mat NASDAQ: SOLS on 10/21/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 10/21/2026.
• Sold $0 - $1,000 in shares of Resideo Technologies NYSE: REZI on 10/21/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 10/20/2026.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 10/15/2026.

Walmart Trading Down 0.5%

WMT opened at $118.77 on Thursday. Walmart Inc. has a one year low of $98.88 and a one year high of $135.15. 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 business has a 50 day simple moving average of $109.70 and a two-hundred day simple moving average of $118.34. The firm has a market capitalization of $942.29 billion, a price-to-earnings ratio of 42.88, a PEG ratio of 4.33 and a beta of 0.58.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. During the same period last year, the company earned $0.68 EPS. The business's quarterly revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts predict that Walmart Inc. will post 2.88 EPS for the current year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart lowered the cost of its Thanksgiving meal basket by $5, reinforcing its value proposition as consumers remain sensitive to food prices. Affordable holiday offerings could support traffic and market-share gains. Walmart Thanksgiving menu comparison
• Positive Sentiment: Walmart said AI training has increased technology confidence among its more than 2.1 million associates. Broader employee adoption could improve productivity and customer service over time. Walmart AI training for workers
• Positive Sentiment: The retailer is expanding its digital ecosystem by opening its store to AI shopping agents and adding controls for those transactions. Walmart is also partnering with Care Access to add three clinical-trial centers, supporting longer-term growth in digital commerce and healthcare services. Walmart AI shopping agents
• Neutral Sentiment: Analyst commentary continues to compare Walmart with Tesco and MercadoLibre, highlighting Walmart’s scale and expanding digital operations but also its elevated valuation and profitability considerations. WMT versus MercadoLibre
• Neutral Sentiment: Walmart’s potential to benefit from advertising, e-commerce, automation and healthcare remains part of the investment case, although execution and valuation are key factors for investors.
• Negative Sentiment: The Federal Trade Commission demanded data from Walmart and other companies about personalized pricing. The inquiry could increase compliance costs or create reputational and regulatory risks if regulators find consumers are treated unfairly, though no wrongdoing was alleged. FTC personalized pricing inquiry
• Negative Sentiment: Exchange-traded funds were reported as net sellers of Walmart shares, creating a modest technical headwind and signaling some portfolio rebalancing pressure.
• Negative Sentiment: A lawsuit alleges Walmart inflated the weight of shrimp packages with ice. Although the financial impact is unclear, the claim adds potential legal costs and negative publicity. Walmart shrimp lawsuit

Analyst Upgrades and Downgrades

Several analysts recently weighed in on WMT shares. BNP Paribas Exane reiterated an "outperform" rating and issued a $137.00 price target (down from $146.00) on shares of Walmart in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Walmart from a "hold" rating to a "buy" rating and upped their price objective for the stock from $113.00 to $136.00 in a report on Thursday, October 15th. Oppenheimer reaffirmed a "market perform" rating on shares of Walmart in a research report on Tuesday, August 25th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $130.00 target price on shares of Walmart in a research note on Friday, August 21st. Finally, Truist Financial set a $114.00 target price on shares of Walmart and gave the company a "buy" rating in a research note 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 company. Based on data from MarketBeat, Walmart presently has an average rating of "Buy" and an average price target of $132.41.

Insider Buying and Selling at Walmart

In other Walmart news, CEO John Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $106.66, for a total transaction of $1,399,912.50. Following the transaction, the chief executive officer owned 647,912 shares in the company, valued at approximately $69,106,293.92. This represents a 1.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Bartlett sold 3,990 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $104.41, for a total transaction of $416,595.90. Following the sale, the executive vice president directly owned 618,359 shares in the company, valued at approximately $64,562,863.19. The trade was a 0.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 102,244 shares of company stock worth $11,112,044. 0.09% of the stock is owned by company insiders.

Institutional Investors Weigh In On Walmart

Hedge funds have recently bought and sold shares of the business. Bell & Brown Wealth Advisors LLC purchased a new stake in shares of Walmart during the second quarter valued at $6,451,000. Advisortrust Partners LLC increased its holdings in Walmart by 20.2% in the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer's stock worth $8,344,000 after buying an additional 11,283 shares in the last quarter. Bank of America Corp DE bought a new stake in Walmart in the 2nd quarter worth about $7,455,131,000. Union Bancaire Privee UBP SA raised its position in Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer's stock worth $47,728,000 after buying an additional 275,337 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in Walmart by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer's stock worth $300,333,000 after buying an additional 68,632 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas' 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas' 17th Congressional District. He won in the general election on November 5, 2024. On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023. Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions' career experience includes working as an executive with AT&T.

Walmart Company Profile

Walmart Inc NASDAQ: WMT operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam's Club U.S. Walmart U.S.

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