Wal-Mart Stores, Inc. (NYSE:WMT) Director S Robson Walton sold 646,330 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $80.20, for a total transaction of $51,835,666.00. Following the transaction, the director now directly owns 3,344,956 shares in the company, valued at $268,265,471.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Thursday, August 24th, S Robson Walton sold 129,628 shares of Wal-Mart Stores stock. The stock was sold at an average price of $80.44, for a total transaction of $10,427,276.32.
  • On Monday, June 12th, S Robson Walton sold 3,000,000 shares of Wal-Mart Stores stock. The stock was sold at an average price of $79.25, for a total transaction of $237,750,000.00.
  • On Tuesday, June 6th, S Robson Walton sold 1,602,965 shares of Wal-Mart Stores stock. The stock was sold at an average price of $78.84, for a total transaction of $126,377,760.60.
  • On Monday, June 5th, S Robson Walton sold 1,618,300 shares of Wal-Mart Stores stock. The stock was sold at an average price of $80.22, for a total transaction of $129,820,026.00.

Wal-Mart Stores, Inc. (NYSE:WMT) opened at 78.63 on Monday. The company’s 50-day moving average is $78.55 and its 200-day moving average is $75.09. Wal-Mart Stores, Inc. has a 52-week low of $65.28 and a 52-week high of $81.99. The firm has a market capitalization of $236.52 billion, a P/E ratio of 18.89 and a beta of 0.29.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 17th. The retailer reported $1.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The company had revenue of $123.40 billion during the quarter, compared to the consensus estimate of $121.86 billion. During the same period in the prior year, the company earned $1.07 EPS. Wal-Mart Stores’s revenue was up 2.1% on a year-over-year basis. On average, analysts predict that Wal-Mart Stores, Inc. will post $4.37 EPS for the current year.

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A number of large investors have recently modified their holdings of the stock. FMR LLC increased its stake in shares of Wal-Mart Stores by 45.3% in the second quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock worth $1,360,906,000 after buying an additional 5,608,785 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Wal-Mart Stores by 161.4% in the first quarter. Canada Pension Plan Investment Board now owns 3,297,419 shares of the retailer’s stock worth $237,678,000 after buying an additional 2,035,800 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Wal-Mart Stores by 42.6% in the second quarter. Alliancebernstein L.P. now owns 5,745,493 shares of the retailer’s stock worth $434,819,000 after buying an additional 1,716,422 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Wal-Mart Stores by 52.9% in the second quarter. Parametric Portfolio Associates LLC now owns 4,883,390 shares of the retailer’s stock worth $369,565,000 after buying an additional 1,689,364 shares during the last quarter. Finally, Karp Capital Management Corp acquired a new stake in shares of Wal-Mart Stores during the first quarter worth $111,777,000. 30.00% of the stock is owned by institutional investors.

A number of brokerages have recently commented on WMT. Vetr lowered shares of Wal-Mart Stores from a “strong-buy” rating to a “buy” rating and set a $80.69 target price on the stock. in a research report on Monday, June 19th. Jefferies Group LLC raised their target price on shares of Wal-Mart Stores from $86.00 to $88.00 and gave the stock a “buy” rating in a research report on Friday, May 12th. Royal Bank Of Canada reaffirmed a “sell” rating and set a $67.00 target price on shares of Wal-Mart Stores in a research report on Tuesday, May 2nd. BidaskClub lowered shares of Wal-Mart Stores from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. Finally, Wells Fargo & Company reaffirmed a “hold” rating on shares of Wal-Mart Stores in a research report on Thursday, August 17th. Three research analysts have rated the stock with a sell rating, nineteen have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $80.25.

About Wal-Mart Stores

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Insider Buying and Selling by Quarter for Wal-Mart Stores (NYSE:WMT)

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