Walmart Inc. $WMT Shares Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 13.9% in the second quarter, Holdings Channel.com reports. The firm owned 18,561 shares of the retailer’s stock after selling 2,988 shares during the period. Insight Wealth Strategies LLC’s holdings in Walmart were worth $1,823,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in WMT. Ally Financial Inc. bought a new position in Walmart during the 1st quarter valued at $2,107,000. Night Squared LP bought a new position in Walmart during the 1st quarter valued at $1,052,000. Gerber Kawasaki Wealth & Investment Management boosted its stake in Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after acquiring an additional 9,831 shares during the last quarter. Monument Capital Management boosted its stake in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock valued at $4,829,000 after acquiring an additional 26,685 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Walmart by 11.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock valued at $698,787,000 after acquiring an additional 838,689 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the completion of the transaction, the executive vice president directly owned 945,434 shares of the company’s stock, valued at $90,619,848.90. The trade was a 1.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $98.30, for a total transaction of $216,260.00. Following the transaction, the executive vice president directly owned 626,118 shares of the company’s stock, valued at $61,547,399.40. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 121,382 shares of company stock valued at $11,718,441. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

WMT has been the topic of a number of research analyst reports. Mizuho reiterated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Evercore ISI reiterated an “outperform” rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. JPMorgan Chase & Co. reduced their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, KeyCorp raised their price target on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $110.76.

Walmart Trading Up 0.8%

Walmart stock opened at $103.48 on Friday. The firm’s 50-day moving average is $98.71 and its 200-day moving average is $95.40. 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 1 year low of $77.49 and a 1 year high of $105.30. The company has a market cap of $825.03 billion, a P/E ratio of 38.90, a PEG ratio of 4.93 and a beta of 0.65.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’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 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.