S Robson Walton Sells 1,109,156 Shares of Walmart Inc (WMT) Stock

Walmart Inc (NYSE:WMT) Director S Robson Walton sold 1,109,156 shares of the firm’s stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $97.92, for a total transaction of $108,608,555.52. Following the sale, the director now directly owns 3,347,254 shares in the company, valued at approximately $327,763,111.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Wednesday, November 28th, S Robson Walton sold 2,731,356 shares of Walmart stock. The stock was sold at an average price of $95.26, for a total transaction of $260,188,972.56.
  • On Wednesday, November 21st, S Robson Walton sold 644,405 shares of Walmart stock. The shares were sold at an average price of $94.11, for a total transaction of $60,644,954.55.
  • On Monday, November 19th, S Robson Walton sold 910,656 shares of Walmart stock. The shares were sold at an average price of $97.15, for a total transaction of $88,470,230.40.
  • On Friday, November 16th, S Robson Walton sold 1,281,814 shares of Walmart stock. The shares were sold at an average price of $97.71, for a total transaction of $125,246,045.94.
  • On Thursday, September 27th, S Robson Walton sold 807,654 shares of Walmart stock. The shares were sold at an average price of $94.46, for a total transaction of $76,290,996.84.
  • On Tuesday, September 18th, S Robson Walton sold 600,000 shares of Walmart stock. The shares were sold at an average price of $95.37, for a total transaction of $57,222,000.00.
  • On Thursday, September 13th, S Robson Walton sold 531,360 shares of Walmart stock. The shares were sold at an average price of $95.23, for a total transaction of $50,601,412.80.
  • On Tuesday, September 11th, S Robson Walton sold 600,000 shares of Walmart stock. The shares were sold at an average price of $96.92, for a total transaction of $58,152,000.00.

Shares of WMT opened at $93.19 on Friday. Walmart Inc has a 52-week low of $81.78 and a 52-week high of $109.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.22 and a current ratio of 0.81. The firm has a market cap of $283.83 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 3.91 and a beta of 0.32.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, November 15th. The retailer reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.06. Walmart had a net margin of 1.01% and a return on equity of 18.36%. The company had revenue of $124.89 billion for the quarter, compared to analysts’ expectations of $124.86 billion. As a group, analysts forecast that Walmart Inc will post 4.81 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of WMT. Lathrop Investment Management Corp raised its holdings in shares of Walmart by 0.4% during the 2nd quarter. Lathrop Investment Management Corp now owns 174,487 shares of the retailer’s stock worth $14,945,000 after acquiring an additional 775 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Walmart during the 2nd quarter worth $62,824,000. Allen Investment Management LLC purchased a new position in shares of Walmart during the 2nd quarter worth $1,113,000. Bradley Foster & Sargent Inc. CT raised its holdings in shares of Walmart by 14.9% during the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 10,124 shares of the retailer’s stock worth $867,000 after acquiring an additional 1,315 shares during the period. Finally, Alps Advisors Inc. raised its holdings in shares of Walmart by 2,699.2% during the 2nd quarter. Alps Advisors Inc. now owns 602,650 shares of the retailer’s stock worth $59,512,000 after acquiring an additional 581,121 shares during the period. Institutional investors and hedge funds own 29.18% of the company’s stock.

A number of research firms recently issued reports on WMT. Stifel Nicolaus reissued a “neutral” rating and issued a $95.00 price target on shares of Walmart in a research note on Friday, August 17th. Raymond James cut shares of Walmart from a “strong-buy” rating to an “outperform” rating and lifted their price target for the company from $100.00 to $107.00 in a research note on Friday, August 17th. Jefferies Financial Group reissued a “buy” rating and issued a $112.00 price target on shares of Walmart in a research note on Monday, August 20th. Zacks Investment Research raised shares of Walmart from a “sell” rating to a “hold” rating in a research note on Wednesday, August 15th. Finally, Morningstar set a $96.00 price target on shares of Walmart and gave the company a “neutral” rating in a research note on Thursday, August 30th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Walmart presently has a consensus rating of “Hold” and a consensus price target of $104.04.

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About Walmart

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.

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