Walmart (NASDAQ:WMT) Stock Sale Disclosed by Rep. Jonathan L. Jackson

Key Points

• Rep. Jonathan L. Jackson sold $50,001–$100,000 of Walmart stock on September 28 from a Morgan Stanley trust account. He also bought shares of Estée Lauder, Guardant Health and Datadog, while selling Viasat and other holdings.
• Walmart reported stronger-than-expected quarterly results, with EPS of $0.81 versus $0.74 expected and revenue of $187.94 billion, up 5.9% year over year. Analysts maintain a consensus “Buy” rating with a $132.41 target price.
• Investors are weighing Walmart’s growth initiatives—including membership bundling, digital advertising and automation—against valuation, financing and cash-flow concerns. The stock trades at roughly 42 times earnings, while inventory growth and additional debt financing could pressure returns and leverage.

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Walmart Inc. NASDAQ: WMT. In a filing disclosed on October 19th, the Representative disclosed that they had sold between $50,001 and $100,000 in Walmart stock on September 28th. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Estee Lauder Companies NYSE: EL on 9/28/2026.
• Sold $50,001 - $100,000 in shares of Viasat NASDAQ: VSAT on 9/28/2026.
• Purchased $15,001 - $50,000 in shares of Guardant Health NASDAQ: GH on 9/28/2026.
• Purchased $50,001 - $100,000 in shares of Datadog NASDAQ: DDOG on 9/28/2026.
• Sold $1,001 - $15,000 in shares of Tortoise Energy Infrastructure NYSE: TYG on 9/4/2026.
• Sold $1,001 - $15,000 in shares of Viasat NASDAQ: VSAT on 8/28/2026.

Walmart Stock Performance

NASDAQ:WMT opened at $117.85 on Wednesday. The company has a market cap of $934.99 billion, a P/E ratio of 41.94, a P/E/G ratio of 4.29 and a beta of 0.58. Walmart Inc. has a twelve month low of $98.88 and a twelve month high of $135.15. The company's 50-day moving average price is $109.03 and its 200-day moving average price is $116.09. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT - Get Free Report) last released its earnings results 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. The business had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The business's revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $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, sell-side analysts forecast that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. 55 North Private Wealth LLC lifted its position in Walmart by 6.9% during the third quarter. 55 North Private Wealth LLC now owns 9,291 shares of the retailer's stock worth $966,000 after buying an additional 601 shares during the period. Rise Advisors LLC boosted its stake in Walmart by 11.8% in the 3rd quarter. Rise Advisors LLC now owns 5,073 shares of the retailer's stock worth $527,000 after buying an additional 535 shares during the last quarter. James T. Borello RIA purchased a new stake in Walmart in the 3rd quarter valued at about $129,000. V Square Quantitative Management LLC grew its holdings in Walmart by 9.7% in the 3rd quarter. V Square Quantitative Management LLC now owns 9,784 shares of the retailer's stock valued at $1,017,000 after buying an additional 864 shares during the period. Finally, YANKCOM Partnership grew its holdings in Walmart by 2.7% in the 3rd quarter. YANKCOM Partnership now owns 11,309 shares of the retailer's stock valued at $1,175,000 after buying an additional 301 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on WMT shares. Cantor Fitzgerald raised Walmart to a "buy" rating in a report on Friday, August 21st. Robert W. Baird lowered their price objective on Walmart from $140.00 to $120.00 and set an "outperform" rating on the stock in a research note on Friday, August 21st. Telsey Advisory Group restated an "outperform" rating and issued a $130.00 target price (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Jefferies Financial Group restated a "buy" rating and issued a $120.00 target price on shares of Walmart in a report on Friday, August 21st. Finally, Gordon Haskett downgraded Walmart from a "buy" rating to an "accumulate" rating in a research note on Thursday, August 20th. Three analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Walmart currently has a consensus rating of "Buy" and a consensus target price of $132.41.

Insider Activity at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 3,990 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $104.41, for a total transaction of $416,595.90. Following the transaction, the executive vice president owned 618,359 shares of the company's stock, valued at $64,562,863.19. This trade represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the company's stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total value of $5,335,345.40. Following the sale, the executive vice president owned 201,672 shares of the company's stock, valued at approximately $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 102,244 shares of company stock worth $11,112,044. Corporate insiders own 0.09% of the company's stock.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Membership bundle could boost customer retention: Walmart launched a $120-per-year package combining Walmart+ and Sam’s Club Plus, offering savings of nearly $100 versus separate memberships. The move targets inflation-conscious consumers, adds convenience and could increase recurring membership revenue ahead of the holiday season. Walmart launches $120 membership bundle with Sam’s Club ahead of holidays
• Positive Sentiment: Digital and higher-margin businesses remain growth drivers: Walmart is benefiting from faster delivery, marketplace expansion, automation, artificial intelligence and a growing advertising operation. Analysts see the company’s digital ads and connected-TV businesses as potential sources of higher-margin revenue, while its value positioning may attract shoppers as inflation remains elevated. Analyst sees billions in Walmart’s next big advertising opportunity
• Neutral Sentiment: Expansion requires additional financing: Walmart is reportedly advancing U.S. and Canadian bond offerings, including a $2.5 billion U.S. debt sale, to fund expansion. Borrowing can support growth, but it also raises interest costs and leverage risks for a company already investing heavily in stores, technology and inventory. Market chatter: Walmart seeks U.S. bond sale, weighs Canadian offering
• Negative Sentiment: Working-capital efficiency is under scrutiny: Inventory growth and accounts payable absorbed approximately $1.0 billion in the first half of fiscal 2027, compared with $0.6 billion a year earlier. That suggests suppliers are providing less of the financing benefit Walmart has historically enjoyed and could constrain cash flow if inventory remains elevated. Can suppliers keep funding Walmart’s inventory growth?
• Negative Sentiment: Valuation leaves limited room for disappointment: WMT trades at roughly 42–43 times trailing earnings, a premium that assumes continued sales growth and expanding profits. Investors are also assessing whether substantial capital spending and the company’s Indian food-delivery expansion will generate adequate returns. What are Walmart investors betting on?

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

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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