GuruFocus - On July 1, 2024, John Rainey, Executive Vice President of Walmart Inc (NYSE:WMT), executed a sale of 25,578 shares of the company at an average price of $67.58 per share. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 390,165.103 shares of Walmart Inc.
Over the past year, John Rainey has sold a total of 75,682 shares of Walmart Inc and has not made any purchases of the stock. This latest transaction is part of a broader trend observed over the past year, where there have been 89 insider sells and no insider buys.
Walmart Inc, a leading global retailer, operates a chain of hypermarkets, discount department stores, and grocery stores. The company's significant presence in both physical and digital retail continues to influence its market position.
As of the latest transaction date, Walmart Inc's shares were trading at $67.58, giving the company a market cap of approximately $547.52 billion. The price-earnings ratio stands at 29.13, which is above both the industry median of 16.435 and the company's historical median.
The stock's valuation metrics show a GF Value of $56.14, indicating that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.2.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider may provide investors with insights into the insider's view of the stock's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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