Insider Selling: Walmart Inc. (NYSE:WMT) EVP Sells 1,830 Shares of Stock

Walmart Inc. (NYSE:WMT - Get Free Report) EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares in the company, valued at $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Walmart Price Performance

Walmart stock traded up $0.72 during midday trading on Friday, hitting $92.02. The company's stock had a trading volume of 15,705,502 shares, compared to its average volume of 14,296,278. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The stock's 50-day moving average price is $91.15 and its 200-day moving average price is $81.27. The company has a market capitalization of $739.19 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the previous year, the business posted $0.51 earnings per share. The firm's quarterly revenue was up 5.5% compared to the same quarter last year. Analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Institutional Trading of Walmart

Hedge funds have recently bought and sold shares of the company. Peterson Financial Group Inc. purchased a new position in shares of Walmart during the third quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new position in Walmart during the 4th quarter valued at about $32,000. Voisard Asset Management Group Inc. increased its holdings in shares of Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock valued at $32,000 after purchasing an additional 174 shares during the period. Hoese & Co LLP purchased a new stake in shares of Walmart in the third quarter worth approximately $33,000. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Walmart during the third quarter worth approximately $36,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. KeyCorp upped their target price on shares of Walmart from $96.00 to $100.00 and gave the company an "overweight" rating in a research note on Wednesday, December 11th. Guggenheim upped their price objective on Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Oppenheimer increased their target price on Walmart from $81.00 to $90.00 and gave the stock an "outperform" rating in a report on Monday, October 14th. Tigress Financial boosted their price target on Walmart from $86.00 to $115.00 and gave the company a "buy" rating in a report on Friday, December 13th. Finally, Jefferies Financial Group raised their price objective on Walmart from $105.00 to $111.00 and gave the stock a "buy" rating in a research note on Tuesday, December 17th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $94.49.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.