Walmart Inc (NYSE:WMT) insider Daniel J. Bartlett sold 2,883 shares of the business’s stock in a transaction on Monday, August 20th. The shares were sold at an average price of $96.25, for a total transaction of $277,488.75. Following the sale, the insider now owns 86,381 shares of the company’s stock, valued at $8,314,171.25. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of WMT traded down $0.53 during midday trading on Friday, hitting $94.59. 6,274,741 shares of the stock traded hands, compared to its average volume of 9,715,309. Walmart Inc has a 1-year low of $77.50 and a 1-year high of $109.98. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.34 and a current ratio of 0.93. The company has a market cap of $284.30 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 3.37 and a beta of 0.51.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 16th. The retailer reported $1.29 EPS for the quarter, topping the consensus estimate of $1.22 by $0.07. The firm had revenue of $127.06 billion for the quarter, compared to analysts’ expectations of $124.67 billion. Walmart had a net margin of 1.02% and a return on equity of 18.16%. Walmart’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.08 earnings per share. analysts predict that Walmart Inc will post 4.8 EPS for the current year.

Several equities research analysts recently weighed in on the stock. Telsey Advisory Group upped their target price on shares of Walmart from $105.00 to $107.00 and gave the stock an “outperform” rating in a research note on Friday, August 17th. Bank of America set a $98.00 target price on shares of Walmart and gave the company a “buy” rating in a report on Monday, June 4th. Argus set a $112.00 target price on shares of Walmart and gave the company a “buy” rating in a report on Friday, August 17th. Royal Bank of Canada set a $101.00 price target on shares of Walmart and gave the company a “neutral” rating in a research report on Monday, September 3rd. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $103.00 price target on shares of Walmart in a research report on Monday, August 20th. Twenty equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Walmart presently has an average rating of “Hold” and an average target price of $100.95.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brandywine Global Investment Management LLC grew its stake in Walmart by 3.0% during the 4th quarter. Brandywine Global Investment Management LLC now owns 2,733,519 shares of the retailer’s stock valued at $269,936,000 after acquiring an additional 80,133 shares in the last quarter. Kemnay Advisory Services Inc. grew its stake in shares of Walmart by 27.3% in the 4th quarter. Kemnay Advisory Services Inc. now owns 13,272 shares of the retailer’s stock valued at $1,311,000 after buying an additional 2,845 shares in the last quarter. Jafra Capital Management LP grew its stake in shares of Walmart by 63.7% in the 4th quarter. Jafra Capital Management LP now owns 115,093 shares of the retailer’s stock valued at $11,365,000 after buying an additional 44,803 shares in the last quarter. Virtue Capital Management LLC bought a new stake in shares of Walmart in the 4th quarter valued at approximately $180,000. Finally, Stone Ridge Asset Management LLC bought a new stake in shares of Walmart in the 4th quarter valued at approximately $17,483,000. Hedge funds and other institutional investors own 29.43% of the company’s stock.

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.

Featured Article: Stop Order Uses For Individual Investors

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

Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.