Wal-Mart Stores, Inc. (NYSE:WMT) Director S Robson Walton sold 1,043,722 shares of the company’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $97.61, for a total transaction of $101,877,704.42. Following the sale, the director now directly owns 3,345,065 shares of the company’s stock, valued at $326,511,794.65. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Monday, November 27th, S Robson Walton sold 1,169,848 shares of Wal-Mart Stores stock. The stock was sold at an average price of $96.89, for a total transaction of $113,346,572.72.
  • On Wednesday, November 22nd, S Robson Walton sold 826,617 shares of Wal-Mart Stores stock. The stock was sold at an average price of $96.39, for a total transaction of $79,677,612.63.
  • On Monday, November 20th, S Robson Walton sold 3,902,889 shares of Wal-Mart Stores stock. The stock was sold at an average price of $97.42, for a total transaction of $380,219,446.38.

Shares of Wal-Mart Stores, Inc. (NYSE:WMT) traded up $0.12 during trading on Friday, hitting $97.35. 8,175,312 shares of the stock were exchanged, compared to its average volume of 10,567,204. The firm has a market cap of $290,535.28, a price-to-earnings ratio of 22.20, a PEG ratio of 3.59 and a beta of 0.37. The company has a current ratio of 0.81, a quick ratio of 0.19 and a debt-to-equity ratio of 0.52. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $100.13.

Wal-Mart Stores (NYSE:WMT) last issued its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. The business had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.98 EPS. equities analysts expect that Wal-Mart Stores, Inc. will post 4.43 EPS for the current year.

Wal-Mart Stores announced that its Board of Directors has initiated a share repurchase plan on Tuesday, October 10th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the retailer to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Several institutional investors have recently modified their holdings of the company. FMR LLC grew its position in shares of Wal-Mart Stores by 45.3% during the 2nd quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock valued at $1,360,906,000 after buying an additional 5,608,785 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of Wal-Mart Stores by 42.6% during the 2nd quarter. Alliancebernstein L.P. now owns 5,745,493 shares of the retailer’s stock valued at $434,819,000 after buying an additional 1,716,422 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in shares of Wal-Mart Stores by 52.9% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 4,883,390 shares of the retailer’s stock valued at $369,565,000 after buying an additional 1,689,364 shares during the last quarter. Neuberger Berman Group LLC grew its position in shares of Wal-Mart Stores by 100.2% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,646,589 shares of the retailer’s stock valued at $200,294,000 after buying an additional 1,324,722 shares during the last quarter. Finally, Old Mutual Global Investors UK Ltd. grew its position in shares of Wal-Mart Stores by 128.7% during the 3rd quarter. Old Mutual Global Investors UK Ltd. now owns 2,058,798 shares of the retailer’s stock valued at $160,874,000 after buying an additional 1,158,519 shares during the last quarter. Institutional investors and hedge funds own 30.40% of the company’s stock.

A number of analysts recently weighed in on WMT shares. Zacks Investment Research raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Thursday, October 12th. Bank of America set a $100.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Deutsche Bank set a $88.00 price target on shares of Wal-Mart Stores and gave the stock a “hold” rating in a research report on Thursday, November 16th. KeyCorp set a $100.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Finally, Robert W. Baird set a $90.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, twenty have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Wal-Mart Stores has an average rating of “Hold” and an average target price of $92.68.

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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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