Insight Wealth Strategies LLC Sells 16,957 Shares of Walmart Inc. $WMT

Insight Wealth Strategies LLC decreased its position in Walmart Inc. (NASDAQ:WMT) by 86.7% during the second quarter, Holdings Channel reports. The fund owned 2,603 shares of the retailer’s stock after selling 16,957 shares during the period. Insight Wealth Strategies LLC’s holdings in Walmart were worth $283,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Entrust Financial LLC purchased a new position in shares of Walmart in the fourth quarter worth approximately $27,000. Merkkuri Wealth Advisors LLC purchased a new stake in Walmart during the first quarter valued at approximately $29,000. Bay Harbor Wealth Management LLC increased its holdings in Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after buying an additional 105 shares during the last quarter. Sankala Group LLC bought a new position in Walmart in the fourth quarter worth approximately $33,000. Finally, Motiv8 Investments LLC bought a new position in Walmart in the fourth quarter worth approximately $34,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. The trade was a 8.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares of the company’s stock, valued at $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,439 shares of company stock worth $8,544,532 over the last three months. 0.09% of the stock is owned by company insiders.

Walmart Trading Up 2.4%

Shares of WMT opened at $116.01 on Thursday. The firm has a market cap of $923.22 billion, a P/E ratio of 40.71, a price-to-earnings-growth ratio of 4.23 and a beta of 0.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $95.42 and a 1 year high of $135.15. The company has a 50 day simple moving average of $114.45 and a two-hundred day simple moving average of $121.58.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the previous year, the firm earned $0.61 earnings per share. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts expect that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Bank of America analyst Christopher Nardone said Walmart could return to its “beat-and-raise” pattern this quarter, potentially benefiting from resilient overall demand, e-commerce gains and market-share growth despite softer spending among lower-income consumers. Walmart Could Return to Its Beat-And-Raise Playbook This Quarter, Analyst Says
• Positive Sentiment: Royal Bank of Canada reaffirmed its “outperform” rating and assigned a $137 price target, implying substantial potential upside from recent levels. Benzinga analyst rating report
• Positive Sentiment: Walmart’s e-commerce progress and expansion of Walmart Connect could support longer-term growth. Its acquisition of streaming-ad platform Vibe.co gives advertisers easier access to connected-TV campaigns and could increase the value of Walmart’s consumer data and advertising business. Walmart Bets On Streaming Ads
• Neutral Sentiment: Walmart and the Walmart Foundation committed $500,000 in grants and in-kind aid for Spokane wildfire relief. The contribution strengthens the company’s community profile but is unlikely to materially affect earnings. Walmart and the Walmart Foundation Commit $500,000 to Spokane Wildfire Relief
• Neutral Sentiment: Former CEO Doug McMillon joined a Federal Reserve task force examining real-time retail data and artificial intelligence. The role may raise Walmart’s policy influence, though the near-term financial impact is unclear. What Does Walmart Joining Fed Data Talks Mean For Its Pricing Power?
• Negative Sentiment: Valuation remains a concern after Walmart’s strong multiyear return. A discounted-cash-flow analysis and other valuation measures suggest the stock may be priced at a premium, while investments in advertising, delivery and other growth initiatives could pressure margins. Is Walmart Fully Valued If Growth Plans Meet Margin Pressure?
• Negative Sentiment: Erste Group Bank trimmed its fiscal 2027 EPS estimate slightly to $2.89 from $2.90 and maintained a “hold” rating, signaling limited near-term earnings upside. Walmart analyst estimate report

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Erste Group Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. KeyCorp reaffirmed an “overweight” rating on shares of Walmart in a report on Wednesday. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research report on Monday, June 8th. Mizuho set a $130.00 price target on Walmart in a report on Monday, July 27th. Finally, Evercore restated an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $138.56.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.