Insider Selling: Walmart (NASDAQ:WMT) EVP Sells $342,751.00 in Stock

Walmart Inc. (NASDAQ:WMT) EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $118.19, for a total transaction of $342,751.00. Following the completion of the sale, the executive vice president directly owned 574,953 shares of the company’s stock, valued at approximately $67,953,695.07. This trade represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Christopher James Nicholas also recently made the following trade(s):

• On Thursday, May 21st, Christopher James Nicholas sold 2,900 shares of Walmart stock. The stock was sold at an average price of $123.92, for a total transaction of $359,368.00.
• On Thursday, April 16th, Christopher James Nicholas sold 2,900 shares of Walmart stock. The stock was sold at an average price of $124.72, for a total transaction of $361,688.00.

Walmart Stock Down 0.3%

Shares of WMT opened at $119.04 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The company has a 50-day simple moving average of $124.11 and a 200-day simple moving average of $122.21. Walmart Inc. has a 52 week low of $94.23 and a 52 week high of $135.15. The firm has a market capitalization of $947.30 billion, a P/E ratio of 41.77, a P/E/G ratio of 4.46 and a beta of 0.59.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the business earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities research analysts expect that Walmart Inc. will post 2.89 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Evercore restated an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. Tigress Financial reiterated a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a research note on Friday, May 29th. Craig Hallum set a $150.00 price objective on shares of Walmart in a research note on Friday, March 6th. TD Cowen reaffirmed a “buy” rating and set a $150.00 price objective (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Finally, Erste Group Bank cut shares of Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart plans to acquire Vibe.co to make connected-TV advertising more accessible for smaller advertisers and marketplace sellers, a move that could boost retail media revenue and deepen monetization of Walmart Connect. Article Title
• Positive Sentiment: Shapermint’s expansion into 1,600 additional Walmart stores highlights continued strength in Walmart’s physical retail reach and its ability to attract growing consumer brands. Article Title
• Positive Sentiment: Walmart’s long-term nuclear power deal with Constellation supports lower-carbon, reliable energy for logistics operations and signals a broader push to secure cost-stable power for its supply chain. Article Title
• Neutral Sentiment: EVP Christopher James Nicholas sold 2,900 shares under a pre-arranged trading plan, which is routine and appears limited relative to his overall holdings. Article Title
• Neutral Sentiment: Walmart-backed Flipkart’s quick-commerce expansion in India adds to the company’s international growth narrative, but it is an indirect catalyst for WMT shares. Article Title

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Walmart in the fourth quarter valued at about $6,458,529,000. AQR Capital Management LLC increased its holdings in shares of Walmart by 188.1% during the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after buying an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after buying an additional 6,517,394 shares in the last quarter. Capital International Investors bought a new position in shares of Walmart in the fourth quarter valued at approximately $592,848,000. Finally, Vanguard Group Inc. raised its stake in shares of Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after acquiring an additional 4,304,436 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.