S Robson Walton Sells 653,830 Shares of Walmart Inc (NYSE:WMT) Stock

Walmart Inc (NYSE:WMT) Director S Robson Walton sold 653,830 shares of the company’s stock in a transaction on Thursday, June 14th. The shares were sold at an average price of $83.94, for a total value of $54,882,490.20. Following the sale, the director now owns 3,347,254 shares of the company’s stock, valued at $280,968,500.76. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

S Robson Walton also recently made the following trade(s):

  • On Monday, June 18th, S Robson Walton sold 760,377 shares of Walmart stock. The stock was sold at an average price of $83.30, for a total value of $63,339,404.10.
  • On Tuesday, June 12th, S Robson Walton sold 1,106,272 shares of Walmart stock. The stock was sold at an average price of $84.04, for a total value of $92,971,098.88.
  • On Friday, June 8th, S Robson Walton sold 666,445 shares of Walmart stock. The stock was sold at an average price of $84.44, for a total value of $56,274,615.80.
  • On Wednesday, June 6th, S Robson Walton sold 1,190,271 shares of Walmart stock. The stock was sold at an average price of $84.65, for a total value of $100,756,440.15.

Walmart traded up $0.61, reaching $84.82, during mid-day trading on Friday, MarketBeat.com reports. 10,998,064 shares of the company’s stock were exchanged, compared to its average volume of 7,842,147. The firm has a market capitalization of $249.46 billion, a P/E ratio of 19.19, a price-to-earnings-growth ratio of 2.59 and a beta of 0.53. Walmart Inc has a one year low of $73.13 and a one year high of $109.98. The company has a current ratio of 0.73, a quick ratio of 0.20 and a debt-to-equity ratio of 0.46.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, May 17th. The retailer reported $1.14 EPS for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.02. Walmart had a return on equity of 17.16% and a net margin of 1.77%. The business had revenue of $122.69 billion for the quarter, compared to analyst estimates of $119.29 billion. During the same period last year, the company posted $1.00 earnings per share. Walmart’s quarterly revenue was up 4.4% compared to the same quarter last year. analysts predict that Walmart Inc will post 4.83 EPS for the current fiscal year.

Several equities analysts have commented on the company. Stifel Nicolaus reiterated a “neutral” rating and issued a $99.00 target price on shares of Walmart in a research report on Wednesday, May 2nd. ValuEngine downgraded Walmart from a “buy” rating to a “hold” rating in a research report on Wednesday, May 9th. Morningstar set a $91.00 target price on Walmart and gave the company a “neutral” rating in a research report on Wednesday, May 2nd. Royal Bank of Canada reiterated a “neutral” rating and issued a $88.00 target price on shares of Walmart in a research report on Friday, May 11th. Finally, Wells Fargo & Co reiterated a “neutral” rating and issued a $85.00 target price on shares of Walmart in a research report on Thursday, May 10th. Nineteen analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $96.56.

A number of large investors have recently added to or reduced their stakes in WMT. Pure Financial Advisors Inc. bought a new stake in shares of Walmart during the fourth quarter valued at approximately $214,000. Windward Capital Management Co. CA increased its holdings in Walmart by 46.1% during the fourth quarter. Windward Capital Management Co. CA now owns 15,618 shares of the retailer’s stock valued at $1,542,000 after buying an additional 4,931 shares during the period. VNBTrust National Association purchased a new position in Walmart during the fourth quarter valued at approximately $230,000. Trust Co increased its holdings in Walmart by 4.1% during the third quarter. Trust Co now owns 44,500 shares of the retailer’s stock valued at $3,477,000 after buying an additional 1,765 shares during the period. Finally, Leavell Investment Management Inc. increased its holdings in Walmart by 42.7% during the fourth quarter. Leavell Investment Management Inc. now owns 16,381 shares of the retailer’s stock valued at $1,618,000 after buying an additional 4,900 shares during the period. 29.66% of the stock is owned by institutional investors and hedge funds.

Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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

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