Insider Selling: Walmart Inc (WMT) Director Sells 743,824 Shares of Stock

Walmart Inc (NYSE:WMT) Director S Robson Walton sold 743,824 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $99.02, for a total value of $73,653,452.48. Following the completion of the transaction, the director now directly owns 3,347,379 shares of the company’s stock, valued at approximately $331,457,468.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Wednesday, March 27th, S Robson Walton sold 1,480,096 shares of Walmart stock. The shares were sold at an average price of $97.50, for a total value of $144,309,360.00.
  • On Monday, March 25th, S Robson Walton sold 1,236,249 shares of Walmart stock. The shares were sold at an average price of $98.21, for a total value of $121,412,014.29.
  • On Friday, March 22nd, S Robson Walton sold 932,519 shares of Walmart stock. The shares were sold at an average price of $98.57, for a total value of $91,918,397.83.
  • On Friday, March 1st, S Robson Walton sold 2,488,625 shares of Walmart stock. The shares were sold at an average price of $98.87, for a total value of $246,050,353.75.
  • On Wednesday, February 27th, S Robson Walton sold 1,614,118 shares of Walmart stock. The shares were sold at an average price of $98.32, for a total value of $158,700,081.76.
  • On Friday, February 22nd, S Robson Walton sold 776,530 shares of Walmart stock. The shares were sold at an average price of $99.64, for a total value of $77,373,449.20.
  • On Wednesday, February 20th, S Robson Walton sold 1,139,696 shares of Walmart stock. The shares were sold at an average price of $99.72, for a total value of $113,650,485.12.
  • On Friday, December 28th, S Robson Walton sold 734,950 shares of Walmart stock. The shares were sold at an average price of $92.48, for a total value of $67,968,176.00.

NYSE:WMT traded up $0.87 during trading hours on Monday, hitting $102.43. 4,936,719 shares of the company traded hands, compared to its average volume of 7,327,776. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.63. Walmart Inc has a one year low of $81.78 and a one year high of $106.21. The stock has a market cap of $304.18 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 4.64 and a beta of 0.34.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, February 19th. The retailer reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.08. Walmart had a return on equity of 18.60% and a net margin of 1.30%. The business had revenue of $137.74 billion for the quarter, compared to analysts’ expectations of $137.63 billion. During the same period last year, the business earned $1.33 EPS. The business’s revenue was up 1.9% on a year-over-year basis. On average, sell-side analysts forecast that Walmart Inc will post 4.75 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 10th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Thursday, May 9th. Walmart’s payout ratio is 43.18%.

A number of research firms have weighed in on WMT. Credit Suisse Group reissued a “neutral” rating and set a $103.00 target price on shares of Walmart in a research report on Wednesday, February 20th. Barclays reissued a “buy” rating and set a $113.00 target price on shares of Walmart in a research report on Wednesday, February 20th. Morgan Stanley set a $113.00 target price on shares of Walmart and gave the company an “overweight” rating in a research report on Wednesday, February 20th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $108.00 target price on shares of Walmart in a research report on Wednesday, February 20th. Finally, BMO Capital Markets reissued a “buy” rating and set a $115.00 target price on shares of Walmart in a research report on Thursday, February 21st. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $105.82.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Clarfeld Financial Advisors LLC bought a new stake in shares of Walmart during the 4th quarter valued at about $25,000. Ipswich Investment Management Co. Inc. bought a new stake in Walmart in the 4th quarter worth approximately $26,000. Ironwood Financial llc bought a new stake in Walmart in the 4th quarter worth approximately $26,000. Massey Quick Simon & CO. LLC bought a new stake in Walmart in the 4th quarter worth approximately $28,000. Finally, Winch Advisory Services LLC lifted its position in Walmart by 45.1% in the 4th quarter. Winch Advisory Services LLC now owns 344 shares of the retailer’s stock worth $32,000 after buying an additional 107 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

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About Walmart

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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