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

Key Points

• Walmart's EVP, John Rainey, recently sold 2,200 shares of Walmart stock at an average price of $101.33, totaling approximately $222,926, reducing his ownership by 0.35%.
• The company's stock price fell 0.2% to $101.77 following the insider sale, while the trading volume was lower than its average.
• Walmart reported a quarterly earnings miss with $0.68 EPS, below the consensus estimate of $0.74, and revenue of $169.34 billion, missing expectations of $174.02 billion.

Walmart Inc. (NYSE:WMT - Get Free Report) EVP John Rainey sold 2,200 shares of Walmart stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company's stock, valued at $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Walmart Stock Down 0.2%

Shares of WMT stock traded down $0.19 on Thursday, hitting $101.77. The stock had a trading volume of 15,589,181 shares, compared to its average volume of 18,712,984. 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 has a 50 day moving average price of $100.58 and a 200 day moving average price of $96.40. The company has a market cap of $811.38 billion, a PE ratio of 38.26, a P/E/G ratio of 4.86 and a beta of 0.67. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11.

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

Institutional Investors Weigh In On Walmart

Large investors have recently bought and sold shares of the company. Access Investment Management LLC purchased a new stake in Walmart in the second quarter valued at approximately $26,000. Operose Advisors LLC boosted its position in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC boosted its position in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after buying an additional 233 shares during the last quarter. Bear Mountain Capital Inc. boosted its position in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on WMT. Mizuho reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Evercore ISI reiterated an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Telsey Advisory Group restated an "outperform" rating and set a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Finally, Tigress Financial upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Twenty-nine research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

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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