Walmart Inc. (NYSE:WMT) Shares Sold by Trilogy Capital Inc.

Trilogy Capital Inc. decreased its stake in Walmart Inc. (NYSE:WMT) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,889 shares of the retailer’s stock after selling 955 shares during the quarter. Trilogy Capital Inc.’s holdings in Walmart were worth $713,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of WMT. Robertson Stephens Wealth Management LLC boosted its position in Walmart by 7.1% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 66,681 shares of the retailer’s stock worth $6,038,000 after acquiring an additional 4,447 shares during the last quarter. Meadow Creek Wealth Advisors LLC boosted its position in Walmart by 0.5% during the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 27,389 shares of the retailer’s stock worth $2,475,000 after acquiring an additional 127 shares during the last quarter. Inman Jager Wealth Management LLC acquired a new position in Walmart during the fourth quarter worth about $484,000. Tyche Wealth Partners LLC boosted its position in Walmart by 10.5% during the fourth quarter. Tyche Wealth Partners LLC now owns 94,459 shares of the retailer’s stock worth $8,534,000 after acquiring an additional 9,007 shares during the last quarter. Finally, Syntegra Private Wealth Group LLC boosted its position in Walmart by 1.1% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 21,237 shares of the retailer’s stock worth $1,919,000 after acquiring an additional 225 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 38,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the transaction, the executive vice president now owns 257,281 shares in the company, valued at $25,419,362.80. The trade was a 12.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock worth $16,403,728 in the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $101.17 on Friday. Walmart Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $103.11. The firm’s 50 day moving average price is $93.89 and its 200 day moving average price is $83.95. The company has a market cap of $812.73 billion, a P/E ratio of 41.52, a PEG ratio of 4.49 and a beta of 0.55. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the previous year, the business posted $0.51 EPS. The firm’s revenue was up 5.5% on a year-over-year basis. On average, research analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of a number of recent research reports. Sanford C. Bernstein boosted their price target on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Roth Mkm boosted their price target on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Bank of America boosted their price target on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Tigress Financial lifted their target price on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, Stifel Nicolaus lifted their target price on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.01.

Walmart Company Profile

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.