Walmart Inc. $WMT Shares Sold by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management lessened its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 39.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,065 shares of the retailer’s stock after selling 16,148 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in Walmart were worth $2,605,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Torren Management LLC boosted its stake in Walmart by 305.8% in the 3rd quarter. Torren Management LLC now owns 633 shares of the retailer’s stock worth $66,000 after buying an additional 477 shares during the last quarter. Next Level Wealth Planning LLC acquired a new position in shares of Walmart during the 3rd quarter valued at about $165,000. Frederick Financial Consultants LLC increased its stake in shares of Walmart by 5.5% during the 3rd quarter. Frederick Financial Consultants LLC now owns 2,301 shares of the retailer’s stock valued at $239,000 after acquiring an additional 119 shares during the last quarter. XML Financial LLC lifted its holdings in shares of Walmart by 1.3% during the 3rd quarter. XML Financial LLC now owns 25,435 shares of the retailer’s stock worth $2,643,000 after acquiring an additional 338 shares during the period. Finally, Summit Wealth Group LLC Co. boosted its position in shares of Walmart by 53.9% in the third quarter. Summit Wealth Group LLC Co. now owns 34,400 shares of the retailer’s stock worth $3,575,000 after acquiring an additional 12,055 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In related news, EVP Daniel Danker sold 50,644 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total value of $5,335,345.40. Following the sale, the executive vice president directly owned 201,672 shares in the company, valued at $21,246,145.20. This trade represents a 20.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Christopher Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $120.60, for a total transaction of $349,740.00. Following the sale, the executive vice president owned 563,353 shares in the company, valued at approximately $67,940,371.80. This represents a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 98,534 shares of company stock worth $10,692,443. 0.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on WMT shares. Cantor Fitzgerald upgraded Walmart to a “buy” rating in a report on Friday, August 21st. Freedom Capital raised Walmart from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Evercore reissued an “outperform” rating on shares of Walmart in a research report on Tuesday, October 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Walmart in a research note on Thursday. Finally, Citigroup cut their price objective on Walmart from $147.00 to $132.00 and set a “buy” rating on the stock in a report on Friday, August 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $132.41.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Potential earnings beat: Walmart’s strong history of exceeding analyst estimates, improving sales trends and favorable earnings-per-share expectations could support the stock ahead of its next quarterly report. Why Walmart Is Poised to Beat Earnings Estimates Again
• Positive Sentiment: E-commerce and AI growth: Walmart’s online sales are reportedly gaining market share faster than Amazon’s, while its expanded Sparky AI shopping assistant could increase holiday conversion rates, order frequency and average spending. Stat That Makes Walmart Hard to Ignore Can Walmart’s Expanded Sparky AI Boost Holiday Shopping and Sales?
• Positive Sentiment: Defensive retail positioning: Walmart and Costco are gaining grocery market share as consumers seek lower prices, a trend that may benefit Walmart if household budgets remain pressured. Grocery Wars Update
• Positive Sentiment: Strategic expansion: Walmart’s home-backup energy partnership with Base Power and planned investments in Texas robotics could broaden its ecosystem and improve operating efficiency over time. Walmart Probes Flipkart Claims
• Neutral Sentiment: Analyst attention: TD Cowen has initiated research coverage, while broader investor interest remains elevated. The ultimate effect will depend on the firm’s rating, price target and estimates. Walmart Research Coverage Started at TD Cowen
• Negative Sentiment: Valuation risk: With Walmart trading at roughly 42–43 times earnings, skeptics argue that its defensive reputation and growth outlook are already substantially reflected in the share price, leaving less room for disappointment. Walmart’s Defensive Reputation and Valuation
• Negative Sentiment: Reputation and compliance concerns: Walmart is investigating alleged vendor kickbacks at Flipkart, while separate coverage highlights scrutiny of employee prescription-drug benefits and a Federal Trade Commission-related customer payment. These issues could create legal, regulatory or reputational costs, although their financial impact is not yet clear. Walmart Probes Flipkart Claims Walmart Retirement Drug Benefit Report

Walmart Trading Up 3.4%

Shares of WMT opened at $127.69 on Tuesday. The company has a market capitalization of $1.01 trillion, a P/E ratio of 46.10, a P/E/G ratio of 4.29 and a beta of 0.58. Walmart Inc. has a one year low of $98.88 and a one year high of $135.15. 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 stock has a 50-day moving average price of $110.71 and a 200 day moving average price of $118.44.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same quarter in the previous year, the firm earned $0.68 EPS. The company’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. Sell-side analysts forecast that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Walmart Company Profile

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.