Walmart Inc. (NYSE:WMT – Get Free Report) major shareholder Jim C. Walton sold 934,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $79.46, for a total value of $74,215,640.00. Following the sale, the insider now owns 610,843,318 shares of the company’s stock, valued at $48,537,610,048.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Walmart Price Performance
Shares of NYSE WMT opened at $80.60 on Monday. The company has a current ratio of 0.80, a quick ratio of 0.22 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $647.88 billion, a price-to-earnings ratio of 34.49, a price-to-earnings-growth ratio of 3.99 and a beta of 0.51. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $80.68. The business has a 50 day simple moving average of $72.51 and a 200-day simple moving average of $66.18.
Walmart (NYSE:WMT – Get Free Report) last released its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.02. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The firm had revenue of $169.30 billion during the quarter, compared to analyst estimates of $168.56 billion. During the same quarter in the previous year, the firm earned $0.61 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, equities research analysts expect that Walmart Inc. will post 2.44 earnings per share for the current year.
Wall Street Analyst Weigh In
View Our Latest Stock Report on WMT
Hedge Funds Weigh In On Walmart
Large investors have recently bought and sold shares of the business. Able Wealth Management LLC acquired a new position in Walmart during the 4th quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Walmart during the fourth quarter valued at $32,000. Tidemark LLC bought a new position in shares of Walmart during the fourth quarter worth about $37,000. Frank Rimerman Advisors LLC acquired a new stake in shares of Walmart in the 4th quarter worth about $48,000. Finally, Private Wealth Management Group LLC bought a new stake in Walmart in the 4th quarter valued at about $50,000. Institutional investors own 26.76% of the company’s stock.
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.
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