Walmart Inc. (NYSE:WMT) is on recovery track with 33.16% gain from a 1-year low price of $84.77. The company added 0.14% to attain the price of $112.88 on 7/9/2019. Throughout the recent session, the prices were hovering between $112.6 and $113.38. These shares are -1.76% up from its target price of $110.89 and the current market capitalization stands at $321.1B. The recent change has given its price a 7.31% lead over SMA 50 and -0.04% deficit over its 52-week high. The stock witnessed 6.43% gains, 13.76% gains and 19.4% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WMT’s volatility during a week at 1.03% and during a month it has been found around 1.15%.
What Does Walmart Inc. (WMT) Do?
The company describes itself in regulatory filings as, “Walmart, Inc. engages in retail and wholesale business. It operates through the following business segments: Walmart U.S., Walmart International, and Sam’s Club. The Walmart U.S. segment perates as a merchandiser of consumer products, operating under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands. The Walmart International segment manags supercenters, supermarkets, hypermarkets, warehouse clubs, and cash & carryl. The Sam’s Club segment comprises membership-only warehouse clubs and samsclubs.com. The company was founded by Samuel Moore Walton and James Lawrence Walton in 1945 and is headquartered in Bentonville, AR.” [Text can be found here: https://www.marketwatch.com/investing/stock/WMT/profile under company description.]Walmart Inc. (WMT) Top Holders
Institutional investors currently hold around $96.38 billion or 30.5% in WMT stock. Look at its top three institutional owners: Vanguard Group Inc owns $14.56 billion in Walmart Inc., which represents roughly 4.54% of the company’s market cap and approximately 15.11% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 87,313,606 shares of the stock are valued at $9.84 billion. The third largest holder is State Street Corp, which currently holds $7.8 billion worth of this stock and that ownership represents nearly 2.43% of its market capitalization.Walmart Inc. 13F Filings
At the end of March reporting period, 893 institutional holders increased their position in Walmart Inc. (NYSE:WMT) by some 39,199,293 shares, 893 decreased positions by 42,025,241 and 238 held positions by 773,849,717. That puts total institutional holdings at 855,074,251 shares, according to SEC filings. The stock grabbed 131 new institutional investments totaling 5,529,036 shares while 115 institutional investors sold out their entire positions totaling 6,140,466 shares.Walmart Inc. (NYSE:WMT) Insider Trades
Multiple company employees have indulged in significant insider trading. Walmart Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Executive Vice President Bartlett Daniel J has sold 3,000 shares of Walmart Inc. (WMT) in the trading session dated Jun. 27, 2019. These shares are worth $327,420 and were traded at $109.14 each. The SEC filing shows that WALTON ALICE L performed a sale of 1,014,826 shares. The 10% Owner disposed these shares by way of transaction on Jun. 07, 2019. The company’s shares were given away at $105.33 per share worth to an income of some $106,891,623 to the account of WALTON ALICE L.
Director, 10% Owner, WALTON S ROBSON, sold 1,014,826 common shares of Walmart Inc. (WMT) in the open market. In a transaction dated Jun. 07, 2019, the shares were put up for sale at an average price of $105.33, raking in a sum of $106,891,623. After this sale, 1,423,000,000 common shares of WMT are directly owned by the insider, with total stake valued at $160,700,000,000.
In the transaction dated Jun. 07, 2019, a great number of shares sold came courtesy the 10% Owner; WALTON JIM C disposed a total of 1,014,826 shares at an average price of $105.33, amounting to approximately $106,891,623. The insider now directly owns 1,438,000,000 shares worth $162,300,000,000.Walmart Inc. (WMT) Analyst Guide
Several analysts have released their opinion on Walmart Inc. (NYSE:WMT), with 9 analysts believing it is a strong buy. Whereas 14 of them predict the stock is a hold. Also, there are 9 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.24 average brokerage recommendation [T1].