Walmart Inc (WMT) Director S Robson Walton Sells 1,322,329 Shares

Walmart Inc (NYSE:WMT) Director S Robson Walton sold 1,322,329 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $102.04, for a total value of $134,930,451.16. Following the completion of the sale, the director now owns 3,347,511 shares of the company’s stock, valued at $341,580,022.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, May 20th, S Robson Walton sold 2,447,587 shares of Walmart stock. The stock was sold at an average price of $101.21, for a total value of $247,720,280.27.
  • On Wednesday, March 27th, S Robson Walton sold 1,480,096 shares of Walmart stock. The stock was 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 stock was 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 stock was sold at an average price of $98.57, for a total value of $91,918,397.83.
  • On Wednesday, March 20th, S Robson Walton sold 743,824 shares of Walmart stock. The stock was sold at an average price of $99.02, for a total value of $73,653,452.48.
  • On Friday, March 1st, S Robson Walton sold 2,488,625 shares of Walmart stock. The stock was 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 stock was 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 stock was sold at an average price of $99.64, for a total value of $77,373,449.20.

Shares of WMT traded down $0.37 during mid-day trading on Thursday, reaching $101.86. The company’s stock had a trading volume of 6,118,956 shares, compared to its average volume of 6,951,162. Walmart Inc has a 1-year low of $81.78 and a 1-year high of $106.21. The stock has a market cap of $299.56 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 4.45 and a beta of 0.36. The company has a quick ratio of 0.21, a current ratio of 0.77 and a debt-to-equity ratio of 0.89.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, May 16th. The retailer reported $1.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.02 by $0.11. Walmart had a return on equity of 18.66% and a net margin of 1.62%. The company had revenue of $122.95 billion during the quarter, compared to analysts’ expectations of $124.51 billion. During the same period last year, the firm posted $1.14 earnings per share. The business’s revenue was up 1.1% on a year-over-year basis. As a group, analysts expect that Walmart Inc will post 4.81 earnings per share for the current year.

Several equities research analysts have issued reports on the company. Zacks Investment Research upgraded Walmart from a “hold” rating to a “buy” rating and set a $114.00 price target for the company in a report on Wednesday. Daiwa Capital Markets upgraded Walmart from a “neutral” rating to an “outperform” rating in a report on Tuesday. Bank of America set a $120.00 price objective on Walmart and gave the stock a “buy” rating in a report on Friday, May 17th. Deutsche Bank increased their price objective on Walmart from $118.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 17th. Finally, UBS Group increased their price objective on Walmart from $105.00 to $107.00 and gave the stock a “neutral” rating in a report on Friday, May 17th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $107.19.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Clarfeld Financial Advisors LLC acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $25,000. Ironwood Financial llc acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $26,000. Massey Quick Simon & CO. LLC acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $28,000. C J Advisory Inc acquired a new stake in shares of Walmart in the first quarter valued at approximately $29,000. Finally, Winch Advisory Services LLC lifted its holdings in Walmart by 45.1% during the 4th quarter. Winch Advisory Services LLC now owns 344 shares of the retailer’s stock worth $32,000 after purchasing an additional 107 shares during the last quarter. 28.63% of the stock is owned by institutional investors.

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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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