Insider Selling: Walmart (NYSE:WMT) EVP Sells $222,926.00 in Stock

Walmart Inc. (NYSE:WMT) EVP John Rainey sold 2,200 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Walmart Price Performance

Shares of NYSE:WMT opened at $102.15 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The business has a fifty day simple moving average of $100.77 and a 200 day simple moving average of $96.68. The firm has a market cap of $814.46 billion, a price-to-earnings ratio of 38.40, a P/E/G ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the business posted $0.67 earnings per share. Walmart’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Piper Sandler restated an “overweight” rating and set a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. Evercore ISI restated an “outperform” rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Finally, KeyCorp raised their target price on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, June 9th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $112.38.

Hedge Funds Weigh In On Walmart

Institutional investors have recently made changes to their positions in the business. Weatherly Asset Management L. P. increased its stake in shares of Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after purchasing an additional 9,831 shares during the period. Ally Financial Inc. bought a new position in Walmart during the first quarter valued at about $2,107,000. Night Squared LP acquired a new position in Walmart in the 1st quarter valued at approximately $1,052,000. Finally, Monument Capital Management raised its holdings in Walmart by 94.2% in 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 in the last quarter. 26.76% of the stock is currently owned by institutional investors.

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.