Walmart (NASDAQ:WMT) CTO Sells $20,494,997.82 in Stock

Walmart Inc. (NASDAQ:WMT) CTO Suresh Kumar sold 166,342 shares of Walmart stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $123.21, for a total value of $20,494,997.82. Following the completion of the sale, the chief technology officer directly owned 1,632,223 shares in the company, valued at approximately $201,106,195.83. This represents a 9.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Stock Performance

WMT opened at $127.72 on Friday. Walmart Inc. has a 52-week low of $98.88 and a 52-week high of $135.15. The firm has a market capitalization of $1.01 trillion, a PE ratio of 46.11, a PEG ratio of 4.67 and a beta of 0.53. 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 business’s 50-day simple moving average is $112.02 and its 200 day simple moving average is $118.55.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

Institutional Trading of Walmart

A number of hedge funds have recently modified their holdings of the stock. Bell & Brown Wealth Advisors LLC bought a new stake in shares of Walmart in the 2nd quarter valued at $6,451,000. Advisortrust Partners LLC boosted its stake in Walmart by 20.2% during the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock worth $8,344,000 after acquiring an additional 11,283 shares in the last quarter. Bank of America Corp DE bought a new position in Walmart during the second quarter worth $7,455,131,000. HORAN Wealth LLC grew its holdings in Walmart by 55.7% in the first quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock worth $9,931,000 after purchasing an additional 29,184 shares during the period. Finally, Park National Corp OH grew its holdings in Walmart by 282.9% in the third quarter. Park National Corp OH now owns 119,865 shares of the retailer’s stock worth $12,456,000 after purchasing an additional 88,562 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is expanding its partnership with drone-delivery company Zipline, which raised $1.5 billion at a reported $21.5 billion valuation. The deal highlights Walmart’s push to develop faster delivery and logistics capabilities, though the investment’s financial impact is not specified. Zipline valuation and Walmart drone-delivery partnership
• Positive Sentiment: Walmart is working with Meta to bring its Muse AI shopping agent into the online shopping experience. If it helps customers discover and buy products, it could strengthen e-commerce engagement, although the benefits have yet to be demonstrated. Walmart and Meta’s AI shopping agent
• Positive Sentiment: A reported $6 billion deal with Symbotic to automate warehouses points to Walmart’s efforts to improve operational efficiency. Walmart warehouse automation deal
• Negative Sentiment: Reports of insider selling—including a sale of 166,342 shares by technology chief Suresh Kumar—may have weighed on sentiment. Such sales do not necessarily signal a change in business prospects, and another disclosed executive sale was made under a pre-arranged trading plan. Report on Suresh Kumar’s share sale Report on Daniel Bartlett’s share sale
• Negative Sentiment: Walmart’s valuation remains a concern: commentary describes the shares as expensive, while Reuters reports that AI shopping agents could threaten retailers’ advertising revenue and access to customer data. Walmart valuation commentary AI shopping agents and retailers’ ad business

Wall Street Analyst Weigh In

WMT has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Walmart from $137.00 to $125.00 and set an “overweight” rating for the company in a research note on Friday, August 21st. Roth Capital reaffirmed a “buy” rating on shares of Walmart in a research report on Friday, August 21st. Freedom Broker raised shares of Walmart from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Walmart in a research note on Thursday, October 29th. Finally, Citigroup decreased their price objective on shares of Walmart from $147.00 to $132.00 and set a “buy” rating for the company in a research report on Friday, August 21st. Four equities 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $132.41.

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.