Insider Selling: Walmart (NASDAQ:WMT) EVP Sells $308,386.00 in Stock

Walmart Inc. (NASDAQ:WMT) EVP Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $106.34, for a total value of $308,386.00. Following the transaction, the executive vice president owned 569,153 shares in the company, valued at $60,523,730.02. This trade represents a 0.51% 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Christopher James Nicholas also recently made the following trade(s):

• On Thursday, June 18th, Christopher James Nicholas sold 2,900 shares of Walmart stock. The shares were sold at an average price of $118.19, for a total value of $342,751.00.

Walmart Price Performance

WMT stock opened at $103.70 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $825.25 billion, a PE ratio of 37.44, a P/E/G ratio of 3.91 and a beta of 0.61. Walmart Inc. has a 12-month low of $95.42 and a 12-month high of $135.15. The business’s fifty day moving average price is $113.35 and its 200 day moving average price is $121.24.

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 the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. During the same quarter in the prior year, the company earned $0.68 EPS. Walmart’s revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, sell-side analysts anticipate that Walmart Inc. will post 2.86 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on WMT. Wells Fargo & Company decreased their price objective on shares of Walmart from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday. UBS Group cut their price target on Walmart from $141.00 to $130.00 and set a “buy” rating on the stock in a research note on Friday. TD Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Friday. Wolfe Research reiterated an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a report on Friday. Finally, Roth Capital reissued a “buy” rating on shares of Walmart in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $131.88.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Institutional Investors Weigh In On Walmart

A number of institutional investors and hedge funds have recently bought and sold shares of WMT. Bank of America Corp DE purchased a new position in shares of Walmart during the second quarter worth about $7,455,131,000. Norges Bank acquired a new stake in shares of Walmart during the fourth quarter worth about $6,458,529,000. Legal & General Group Plc purchased a new stake in shares of Walmart in the 2nd quarter valued at about $2,905,655,000. AQR Capital Management LLC lifted its holdings in shares of Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Walmart in the 2nd quarter valued at about $796,677,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

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.