Insider Selling: Walmart (NYSE:WMT) EVP Sells 13,125 Shares of Stock

Walmart Inc. (NYSE:WMT) EVP John Furner sold 13,125 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total value of $1,374,843.75. Following the sale, the executive vice president owned 879,815 shares in the company, valued at approximately $92,160,621.25. This represents a 1.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Walmart Stock Performance

Shares of NYSE WMT traded down $1.47 during mid-day trading on Monday, hitting $103.85. The company had a trading volume of 42,474,517 shares, compared to its average volume of 18,569,375. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The company has a market capitalization of $827.98 billion, a price-to-earnings ratio of 39.04, a P/E/G ratio of 4.83 and a beta of 0.67. The stock’s 50-day moving average price is $103.52 and its 200-day moving average price is $99.91.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently commented on WMT. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Cowen restated a “buy” rating on shares of Walmart in a research report on Monday, November 10th. Guggenheim reiterated a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a research report on Friday. Morgan Stanley reissued an “overweight” rating and set a $125.00 price objective (up previously from $115.00) on shares of Walmart in a research note on Friday. Finally, DA Davidson set a $130.00 target price on Walmart and gave the stock a “buy” rating in a research report on Friday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Institutional Trading of Walmart

Hedge funds have recently made changes to their positions in the stock. Revolve Wealth Partners LLC boosted its holdings in shares of Walmart by 1.0% in the 3rd quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC lifted its position in Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Meridian Wealth Partners LLC boosted its stake in Walmart by 2.1% in the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after buying an additional 99 shares in the last quarter. Hemington Wealth Management boosted its stake in Walmart by 1.8% in the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock worth $586,000 after buying an additional 99 shares in the last quarter. Finally, Boomfish Wealth Group LLC grew its position in Walmart by 2.7% during the third quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after acquiring an additional 99 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

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.