Walmart (NASDAQ:WMT) EVP Latriece Watkins Sells 11,000 Shares

Key Points

• Walmart EVP Latriece Watkins sold 11,000 shares on May 28 at an average price of $118.97, generating about $1.31 million in proceeds. After the sale, she still held 120,203 shares, a reduction of about 8.38% in her position.
• Walmart shares were down 2.6% in mid-day trading to $115.75, with trading volume well above average. The stock remains near its 52-week range and trades with a market cap of about $922.64 billion.
• The company recently reported quarterly earnings of $0.66 per share, matching expectations, while revenue of $177.75 billion beat estimates and rose 7.4% year over year. Analysts still see upside, with a consensus rating of Moderate Buy and an average price target of $138.85.

Walmart Inc. (NASDAQ:WMT - Get Free Report) EVP Latriece Watkins sold 11,000 shares of the business's stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This represents a 8.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Walmart Trading Down 2.6%

WMT stock traded down $3.15 during mid-day trading on Friday, reaching $115.75. 42,088,078 shares of the stock traded hands, compared to its average volume of 26,343,805. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a one year low of $93.43 and a one year high of $135.15. The stock has a market capitalization of $922.64 billion, a PE ratio of 40.61, a PEG ratio of 4.42 and a beta of 0.65. The business has a 50-day moving average price of $126.24 and a two-hundred day moving average price of $120.64.

Walmart (NASDAQ:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts' consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business had revenue of $177.75 billion for the quarter, compared to analysts' expectations of $174.84 billion. During the same quarter in the previous year, the business posted $0.61 earnings per share. The business's revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Sam’s Club’s Member’s Mark community has grown to more than 150,000 participants, reinforcing customer engagement and supporting Walmart’s private-label strategy. Article Title
• Positive Sentiment: Jim Cramer said he would buy Walmart, adding to the bullish case that the recent weakness may be a buying opportunity. Article Title
• Positive Sentiment: One report argued the recent decline in Walmart shares could be the best buying opportunity of 2026, citing meaningful upside to the Street’s average target price. Article Title
• Neutral Sentiment: Analysts are comparing Walmart with Kroger on valuation, but the piece is mainly a relative-value discussion rather than a new company-specific catalyst. Article Title
• Neutral Sentiment: Coverage on platform economics and slower consumer spending highlights the environment Walmart is operating in, but it does not directly change the company’s fundamentals. Article Title
• Negative Sentiment: Reports of executive departures amid Walmart’s leadership transition could raise concerns about continuity at the top. Article Title
• Negative Sentiment: Articles suggesting Walmart may need to raise prices, along with broader inflation pressure on consumers, may worry investors about traffic and margin implications. Article Title

Institutional Trading of Walmart

A number of large investors have recently made changes to their positions in the stock. Fox Run Management L.L.C. purchased a new position in shares of Walmart in the 3rd quarter worth about $1,709,000. Van ECK Associates Corp raised its holdings in shares of Walmart by 2.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer's stock worth $104,182,000 after purchasing an additional 28,026 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in shares of Walmart in the 4th quarter worth about $40,855,000. Tennessee Valley Asset Management Partners raised its holdings in shares of Walmart by 466.6% in the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer's stock worth $1,375,000 after purchasing an additional 10,988 shares during the period. Finally, King Luther Capital Management Corp raised its holdings in shares of Walmart by 8.8% in the 4th quarter. King Luther Capital Management Corp now owns 1,415,423 shares of the retailer's stock worth $157,692,000 after purchasing an additional 113,952 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on shares of Walmart in a research report on Friday, February 20th. Citigroup reiterated a "buy" rating and set a $147.00 price objective (up from $120.00) on shares of Walmart in a research report on Thursday, February 5th. Raymond James Financial reiterated an "outperform" rating and set a $135.00 price objective on shares of Walmart in a research report on Friday, March 6th. Evercore reiterated an "outperform" rating on shares of Walmart in a research report on Monday, May 18th. Finally, Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $138.85.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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