Insider Selling: Walmart (NASDAQ:WMT) EVP Sells $416,610.46 in Stock

Walmart Inc. (NASDAQ:WMT) EVP Daniel Bartlett sold 3,346 shares of Walmart stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $124.51, for a total value of $416,610.46. Following the transaction, the executive vice president owned 615,013 shares in the company, valued at approximately $76,575,268.63. This represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Walmart Stock Down 1.1%

NASDAQ:WMT opened at $127.72 on Friday. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The stock has a market cap of $1.01 trillion, a price-to-earnings ratio of 46.11, a PEG ratio of 4.67 and a beta of 0.53. The stock has a 50-day moving average price of $112.02 and a two-hundred day moving average price of $118.55.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same period in the prior year, the company earned $0.68 earnings per share. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities analysts expect that Walmart Inc. will post 2.88 earnings per share for the current year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is expanding its partnership with drone-delivery company Zipline, which raised $1.5 billion at a reported $21.5 billion valuation. The deal highlights Walmart’s push to develop faster delivery and logistics capabilities, though the investment’s financial impact is not specified. Zipline valuation and Walmart drone-delivery partnership
• Positive Sentiment: Walmart is working with Meta to bring its Muse AI shopping agent into the online shopping experience. If it helps customers discover and buy products, it could strengthen e-commerce engagement, although the benefits have yet to be demonstrated. Walmart and Meta’s AI shopping agent
• Positive Sentiment: A reported $6 billion deal with Symbotic to automate warehouses points to Walmart’s efforts to improve operational efficiency. Walmart warehouse automation deal
• Negative Sentiment: Reports of insider selling—including a sale of 166,342 shares by technology chief Suresh Kumar—may have weighed on sentiment. Such sales do not necessarily signal a change in business prospects, and another disclosed executive sale was made under a pre-arranged trading plan. Report on Suresh Kumar’s share sale Report on Daniel Bartlett’s share sale
• Negative Sentiment: Walmart’s valuation remains a concern: commentary describes the shares as expensive, while Reuters reports that AI shopping agents could threaten retailers’ advertising revenue and access to customer data. Walmart valuation commentary AI shopping agents and retailers’ ad business

Institutional Trading of Walmart

A number of institutional investors have recently made changes to their positions in the business. Pictet Asset Management Holding SA boosted its holdings in Walmart by 6.8% during the 3rd quarter. Pictet Asset Management Holding SA now owns 2,326,227 shares of the retailer’s stock worth $241,742,000 after acquiring an additional 148,190 shares during the last quarter. Allen Investment Management LLC raised its holdings in shares of Walmart by 1.3% in the third quarter. Allen Investment Management LLC now owns 180,953 shares of the retailer’s stock valued at $18,806,000 after purchasing an additional 2,285 shares during the last quarter. Verus Capital Partners LLC raised its holdings in shares of Walmart by 18.0% in the third quarter. Verus Capital Partners LLC now owns 19,067 shares of the retailer’s stock valued at $1,981,000 after purchasing an additional 2,906 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Walmart by 2.7% in the third quarter. Parallel Advisors LLC now owns 168,325 shares of the retailer’s stock valued at $17,492,000 after purchasing an additional 4,427 shares during the last quarter. Finally, Tamar Securities LLC lifted its position in shares of Walmart by 5.6% during the third quarter. Tamar Securities LLC now owns 4,754 shares of the retailer’s stock valued at $494,000 after purchasing an additional 251 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of several research analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Walmart in a report on Thursday, October 29th. Piper Sandler reiterated an “overweight” rating and issued a $128.00 price target (down from $137.00) on shares of Walmart in a report on Friday, August 21st. KeyCorp reissued an “overweight” rating on shares of Walmart in a research report on Thursday, September 10th. JPMorgan Chase & Co. dropped their price objective on shares of Walmart from $137.00 to $125.00 and set an “overweight” rating on the stock in a report on Friday, August 21st. Finally, BNP Paribas Exane restated an “outperform” rating and set a $137.00 price objective (down from $146.00) on shares of Walmart in a report on Friday, August 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart currently has an average rating of “Buy” and an average target price of $132.41.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.