Walmart (NYSE:WMT) CEO Sells $2,003,925.36 in Stock

Key Points

• C. Douglas McMillon, CEO of Walmart, sold 19,416 shares of the company's stock for over $2 million, reducing his ownership by 0.44% and retaining approximately 4.37 million shares valued at around $451 million.
• The stock price of Walmart has experienced fluctuations, currently trading at $103.14, with a 50-day moving average of $99.99.
• Walmart's recent earnings missed analysts' expectations, reporting $0.68 EPS against a forecast of $0.74, with revenues of $169.34 billion compared to the anticipated $174.02 billion.

Walmart Inc. (NYSE:WMT - Get Free Report) CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares of the company's stock, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

C Douglas Mcmillon also recently made the following trade(s):

• On Thursday, August 28th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52.
• On Thursday, July 24th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28.

Walmart Trading Up 0.1%

Shares of NYSE WMT traded up $0.09 during midday trading on Friday, reaching $103.14. The stock had a trading volume of 11,849,205 shares, compared to its average volume of 18,787,262. The company's 50 day moving average price is $99.99 and its 200 day moving average price is $95.92. The firm has a market cap of $822.32 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of WMT. Brighton Jones LLC increased its holdings in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after acquiring an additional 485 shares during the period. NorthCrest Asset Manangement LLC increased its stake in Walmart by 15.8% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 11,839 shares of the retailer's stock valued at $1,070,000 after acquiring an additional 1,618 shares during the last quarter. Mascagni Wealth Management Inc. bought a new stake in shares of Walmart in the fourth quarter worth about $273,000. Finally, Fire Capital Management LLC bought a new position in shares of Walmart during the fourth quarter valued at approximately $1,711,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WMT has been the topic of a number of recent research reports. Telsey Advisory Group reiterated an "outperform" rating and issued a $118.00 target price on shares of Walmart in a research report on Wednesday. Truist Financial lowered their price target on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Guggenheim reiterated a "buy" rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. The Goldman Sachs Group raised their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Finally, Mizuho reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $112.38.

About Walmart

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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