Walmart Inc. (NYSE:WMT) EVP John R. Furner Sells 4,375 Shares

Walmart Inc. (NYSE:WMTGet Free Report) EVP John R. Furner sold 4,375 shares of the stock in a transaction dated Wednesday, January 24th. The shares were sold at an average price of $162.90, for a total value of $712,687.50. Following the completion of the transaction, the executive vice president now owns 260,242 shares of the company’s stock, valued at $42,393,421.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Walmart Stock Performance

Shares of WMT traded up $1.43 during mid-day trading on Friday, reaching $164.27. The company had a trading volume of 5,248,070 shares, compared to its average volume of 6,030,971. Walmart Inc. has a 52-week low of $136.09 and a 52-week high of $169.94. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $442.25 billion, a P/E ratio of 27.24, a PEG ratio of 3.40 and a beta of 0.48. The stock has a 50 day moving average of $157.10 and a two-hundred day moving average of $159.40.

Walmart (NYSE:WMTGet Free Report) last released its quarterly earnings results on Thursday, November 16th. The retailer reported $1.53 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.53. Walmart had a return on equity of 21.20% and a net margin of 2.55%. The company had revenue of $160.80 billion during the quarter, compared to analysts’ expectations of $159.65 billion. During the same quarter in the prior year, the firm posted $1.50 EPS. Walmart’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, analysts expect that Walmart Inc. will post 6.44 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Krilogy Financial LLC boosted its position in shares of Walmart by 4.1% during the fourth quarter. Krilogy Financial LLC now owns 11,241 shares of the retailer’s stock worth $1,772,000 after buying an additional 444 shares during the period. Liberty One Investment Management LLC raised its stake in Walmart by 4.6% in the fourth quarter. Liberty One Investment Management LLC now owns 19,592 shares of the retailer’s stock valued at $3,089,000 after buying an additional 861 shares in the last quarter. Jmac Enterprises LLC raised its stake in Walmart by 2.6% in the fourth quarter. Jmac Enterprises LLC now owns 9,681 shares of the retailer’s stock valued at $1,526,000 after buying an additional 248 shares in the last quarter. Vivid Wealth Management LLC acquired a new stake in shares of Walmart during the fourth quarter worth about $1,023,000. Finally, Avion Wealth increased its position in shares of Walmart by 7.2% during the fourth quarter. Avion Wealth now owns 1,014 shares of the retailer’s stock worth $160,000 after purchasing an additional 68 shares in the last quarter. 33.18% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent analyst reports. Truist Financial lifted their target price on shares of Walmart from $168.00 to $170.00 and gave the stock a “hold” rating in a research report on Friday, November 17th. Stifel Nicolaus lifted their price objective on Walmart from $169.00 to $171.00 and gave the stock a “hold” rating in a research report on Monday, November 13th. Tigress Financial lifted their price objective on Walmart from $182.00 to $196.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. StockNews.com lowered Walmart from a “strong-buy” rating to a “buy” rating in a report on Friday, November 17th. Finally, BMO Capital Markets decreased their target price on Walmart from $180.00 to $175.00 and set an “outperform” rating on the stock in a research report on Friday, November 17th. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.44.

Read Our Latest Stock Analysis on WMT

Walmart Company Profile

(Get Free Report)

Walmart Inc engages in the operation of retail, wholesale, and other units 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, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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Insider Buying and Selling by Quarter for Walmart (NYSE:WMT)

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