Walmart (NYSE:WMT) Trading Down 0% – Time to Sell?

Walmart Inc. (NYSE:WMT) dropped 0% on Friday . The stock traded as low as $82.52 and last traded at $83.01. Approximately 2,044,142 shares were traded during trading, a decline of 88% from the average daily volume of 16,955,697 shares. The stock had previously closed at $83.04.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Guggenheim boosted their target price on Walmart from $75.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 16th. Tigress Financial upped their target price on Walmart from $75.00 to $86.00 and gave the stock a “buy” rating in a research report on Tuesday, July 23rd. Melius Research initiated coverage on shares of Walmart in a research report on Monday, September 23rd. They issued a “buy” rating and a $95.00 price target for the company. StockNews.com upgraded shares of Walmart from a “buy” rating to a “strong-buy” rating in a report on Friday, August 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, August 16th. One investment analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $83.51.

Walmart Stock Down 0.2 %

The company has a market cap of $666.29 billion, a P/E ratio of 43.16, a P/E/G ratio of 4.11 and a beta of 0.51. The stock has a 50-day moving average of $78.91 and a two-hundred day moving average of $70.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating the consensus estimate of $0.65 by $0.02. The company had revenue of $169.30 billion for the quarter, compared to analyst estimates of $168.56 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.61 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.44 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 2,063 shares of Walmart stock in a transaction on Monday, September 16th. The shares were sold at an average price of $80.76, for a total value of $166,607.88. Following the transaction, the executive vice president now directly owns 459,558 shares of the company’s stock, valued at $37,113,904.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, EVP Daniel J. Bartlett sold 2,063 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $80.76, for a total value of $166,607.88. Following the sale, the executive vice president now directly owns 459,558 shares of the company’s stock, valued at approximately $37,113,904.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $80.64, for a total transaction of $2,348,559.36. Following the completion of the transaction, the chief executive officer now owns 3,873,053 shares in the company, valued at approximately $312,322,993.92. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,295,088 shares of company stock worth $955,284,831. 45.58% of the stock is currently owned by insiders.

Institutional Trading of Walmart

Institutional investors and hedge funds have recently modified their holdings of the business. Investment Advisory Group LLC grew its position in Walmart by 2.1% in the 3rd quarter. Investment Advisory Group LLC now owns 6,182 shares of the retailer’s stock worth $499,000 after purchasing an additional 126 shares during the period. Professional Financial Advisors LLC lifted its stake in shares of Walmart by 0.6% in the 3rd quarter. Professional Financial Advisors LLC now owns 21,839 shares of the retailer’s stock worth $1,763,000 after purchasing an additional 137 shares during the period. Inspire Advisors LLC boosted its holdings in shares of Walmart by 2.1% in the third quarter. Inspire Advisors LLC now owns 6,677 shares of the retailer’s stock worth $539,000 after buying an additional 137 shares during the last quarter. Trust Co of the South boosted its stake in shares of Walmart by 0.5% during the 3rd quarter. Trust Co of the South now owns 25,647 shares of the retailer’s stock worth $2,071,000 after acquiring an additional 138 shares during the last quarter. Finally, LVZ Inc. increased its stake in shares of Walmart by 1.9% in the 2nd quarter. LVZ Inc. now owns 7,824 shares of the retailer’s stock worth $530,000 after purchasing an additional 143 shares in the last quarter. 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.