Insider Selling: Walmart (NYSE:WMT) EVP Sells 1,550 Shares of Stock

Key Points

• Walmart's EVP, Daniel Bartlett, sold 1,550 shares at an average price of $107.46, totaling approximately $166,563, while retaining about 644,418 shares in the company.
• Walmart reported a miss on earnings estimates for the past quarter, with $0.68 EPS against a consensus of $0.74, but revenue increased by 4.8% year-over-year.
• Institutional investors have increased their positions in Walmart, with 26.76% of the stock currently owned by these entities, indicating growing confidence in the company.

Walmart Inc. (NYSE:WMT - Get Free Report) EVP Daniel Bartlett sold 1,550 shares of Walmart stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total value of $166,563.00. Following the completion of the sale, the executive vice president directly owned 644,418 shares in the company, valued at approximately $69,249,158.28. This represents a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Walmart Stock Up 1.3%

Shares of NYSE:WMT traded up $1.33 during midday trading on Friday, reaching $107.80. The company had a trading volume of 13,581,497 shares, compared to its average volume of 18,590,977. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The business's 50 day moving average price is $101.61 and its 200 day moving average price is $97.73. The stock has a market cap of $859.50 billion, a PE ratio of 40.53, a P/E/G ratio of 5.14 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart's revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Institutional Investors Weigh In On Walmart

Several institutional investors have recently made changes to their positions in WMT. Brighton Jones LLC raised its position in Walmart by 28.8% during 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 in the last quarter. Revolve Wealth Partners LLC raised its position in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after purchasing an additional 485 shares in the last quarter. Mainstream Capital Management LLC raised its position in Walmart by 13.6% during the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer's stock valued at $1,084,000 after purchasing an additional 1,474 shares in the last quarter. GAMMA Investing LLC raised its position in Walmart by 13.9% during the first quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer's stock valued at $7,940,000 after purchasing an additional 11,018 shares in the last quarter. Finally, PUREfi Wealth LLC raised its position in Walmart by 3.2% during the first quarter. PUREfi Wealth LLC now owns 26,683 shares of the retailer's stock valued at $2,343,000 after purchasing an additional 823 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on WMT. Telsey Advisory Group reiterated an "outperform" rating and set a $118.00 price target on shares of Walmart in a report on Wednesday, September 24th. Tigress Financial lifted their price target on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. The Goldman Sachs Group lifted their price target on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Piper Sandler reiterated an "overweight" rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Finally, Guggenheim reiterated a "buy" rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $112.63.

Walmart Company Profile

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.

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