Walmart (NASDAQ:WMT) EVP Daniel Bartlett Sells 3,346 Shares of Company Stock

Walmart Inc. (NASDAQ:WMT) EVP Daniel Bartlett sold 3,346 shares of Walmart stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $124.51, for a total transaction of $416,610.46. Following the transaction, the executive vice president directly owned 615,013 shares of the company’s stock, valued at approximately $76,575,268.63. This trade represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Price Performance

NASDAQ:WMT opened at $124.86 on Wednesday. The company has a market cap of $990.61 billion, a P/E ratio of 45.08, a P/E/G ratio of 4.61 and a beta of 0.53. The firm’s fifty day moving average price is $111.08 and its two-hundred day moving average price is $118.46. Walmart Inc. has a one year low of $98.88 and a one year high of $135.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter 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. Equities analysts expect that Walmart Inc. will post 2.88 earnings per share for the current year.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart may be positioned to beat its next earnings estimates, according to Zacks, which points to its history of earnings surprises and factors supporting another potential beat. Why Walmart is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Walmart’s expanded Sparky AI shopping assistant could support holiday sales by helping customers shop and potentially encouraging larger orders. Can Walmart’s Expanded Sparky AI Boost Holiday Shopping and Sales?
• Positive Sentiment: A report says Walmart’s e-commerce sales are growing faster than Amazon’s, suggesting its online business is gaining momentum. 1 Stat That Makes Walmart Hard to Ignore This November
• Neutral Sentiment: CTO Suresh Kumar sold 166,342 shares, and EVP Daniel Bartlett sold 3,346 shares. Both trades were made under pre-arranged Rule 10b5-1 plans; the sales may draw attention, but do not necessarily indicate a change in their views of the company. Kumar SEC filing Bartlett SEC filing
• Negative Sentiment: Bearish commentary highlights Walmart’s high valuation, with one article returning to a “strong sell” rating and another warning that the valuation may be stretched. Valuation concerns could weigh on sentiment even as the business outlook remains constructive. Walmart: Back To The Strong Sell Rating Walmart’s Defensive Reputation and Valuation

Analyst Ratings Changes

WMT has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Walmart in a research report on Thursday, October 29th. DA Davidson reiterated a “buy” rating and set a $132.00 target price on shares of Walmart in a research note on Thursday, September 10th. BMO Capital Markets reissued an “outperform” rating and set a $126.00 price target on shares of Walmart in a report on Friday, August 21st. The Goldman Sachs Group reissued a “buy” rating and set a $130.00 price target on shares of Walmart in a report on Friday, August 21st. Finally, Jefferies Financial Group restated a “buy” rating and issued a $120.00 price target on shares of Walmart in a research note on Friday, August 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $132.41.

Institutional Trading of Walmart

Large investors have recently modified their holdings of the stock. Montgomery Financial Services LLC bought a new position in Walmart in the 2nd quarter valued at about $32,000. Turim 21 Investimentos Ltda. bought a new stake in shares of Walmart during the 2nd quarter worth approximately $34,000. Pingora Partners LLC bought a new stake in shares of Walmart during the 2nd quarter worth approximately $34,000. PMV Capital Advisers LLC acquired a new stake in shares of Walmart during the 2nd quarter worth approximately $34,000. Finally, Evolution Wealth Management Inc. boosted its position in shares of Walmart by 44.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 316 shares of the retailer’s stock worth $39,000 after acquiring an additional 97 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

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.