Walmart (NASDAQ:WMT) Stock: Insider Daniel Bartlett Sells 3,346 Shares

Walmart Inc. (NASDAQ:WMT – Get Free Report) EVP Daniel Bartlett sold 3,346 shares of Walmart stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $124.51, for a total transaction of $416,610.46. Following the transaction, the executive vice president owned 615,013 shares of the company’s stock, valued at $76,575,268.63. The trade was a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Stock Down 2.2%

Shares of WMT traded down $2.83 during mid-day trading on Tuesday, reaching $124.86. The company had a trading volume of 20,989,358 shares, compared to its average volume of 24,837,939. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. The company has a market capitalization of $990.61 billion, a price-to-earnings ratio of 45.08, a price-to-earnings-growth ratio of 4.29 and a beta of 0.58. The firm has a 50-day moving average price of $110.71 and a 200 day moving average price of $118.44. Walmart Inc. has a 52 week low of $98.88 and a 52 week high of $135.15.

Walmart (NASDAQ:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to analyst estimates of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, sell-side analysts forecast that Walmart Inc. will post 2.87 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of several research reports. Royal Bank Of Canada decreased their price objective on shares of Walmart from $137.00 to $131.00 and set an “outperform” rating for the company in a report on Friday, August 21st. Oppenheimer reissued a “market perform” rating on shares of Walmart in a report on Tuesday, August 25th. Freedom Broker upgraded shares of Walmart from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. DA Davidson reiterated a “buy” rating and issued a $132.00 price target on shares of Walmart in a research report on Thursday, September 10th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $130.00 price target on shares of Walmart in a research note on Friday, August 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $132.41.

Get Our Latest Stock Analysis on Walmart

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. State Street Corp lifted its holdings in Walmart by 1.1% in the 2nd quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock worth $21,297,031,000 after purchasing an additional 2,107,781 shares in the last quarter. Bank of America Corp DE purchased a new stake in Walmart during the 2nd quarter valued at approximately $7,455,131,000. Bank of New York Mellon Corp grew its holdings in Walmart by 6.4% during the 1st quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock valued at $3,497,493,000 after buying an additional 1,681,353 shares in the last quarter. Legal & General Group Plc bought a new stake in shares of Walmart during the second quarter valued at approximately $2,905,655,000. Finally, Amundi lifted its holdings in shares of Walmart by 44.4% in the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock worth $2,355,463,000 after buying an additional 6,393,326 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

Walmart Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Walmart (NASDAQ:WMT)

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