Walmart Inc (WMT) Insider Sells $389,360.00 in Stock

Walmart Inc (NYSE:WMT) insider John R. Furner sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $97.34, for a total transaction of $389,360.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

NYSE WMT opened at $97.65 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.81 and a quick ratio of 0.22. The company has a market cap of $288.21 billion, a P/E ratio of 22.09, a PEG ratio of 3.97 and a beta of 0.35. Walmart Inc has a 52 week low of $81.78 and a 52 week high of $109.98.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 15th. The retailer reported $1.08 EPS for the quarter, topping the consensus estimate of $1.02 by $0.06. The firm had revenue of $124.89 billion during the quarter, compared to analyst estimates of $124.86 billion. Walmart had a net margin of 1.01% and a return on equity of 18.36%. Research analysts forecast that Walmart Inc will post 4.81 earnings per share for the current fiscal year.

Several research firms have recently commented on WMT. Daiwa Capital Markets lowered shares of Walmart from an “outperform” rating to a “neutral” rating and set a $101.00 price target for the company. in a report on Tuesday, November 20th. Wells Fargo & Co restated a “neutral” rating and issued a $98.00 price target on shares of Walmart in a report on Tuesday, November 20th. Independent Research restated a “neutral” rating and issued a $101.00 price target on shares of Walmart in a report on Tuesday, November 20th. Raymond James restated a “buy” rating and issued a $105.00 price target on shares of Walmart in a report on Monday, November 19th. Finally, Stephens set a $117.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Friday, November 16th. One analyst has rated the stock with a sell rating, nineteen have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $104.04.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. CSat Investment Advisory L.P. purchased a new stake in Walmart during the 2nd quarter worth approximately $111,000. ELM Advisors LLC purchased a new stake in Walmart during the 3rd quarter worth approximately $152,000. Berman Capital Advisors LLC purchased a new stake in Walmart during the 3rd quarter worth approximately $158,000. Harvest Fund Management Co. Ltd purchased a new stake in Walmart during the 3rd quarter worth approximately $162,000. Finally, MinichMacGregor Wealth Management LLC grew its position in Walmart by 56.0% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,753 shares of the retailer’s stock worth $165,000 after purchasing an additional 629 shares during the last quarter. Hedge funds and other institutional investors own 29.09% of the company’s stock.

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Walmart Company Profile

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, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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

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