GuruFocus - On June 3, 2024, John Rainey, Executive Vice President of Walmart Inc (NYSE:WMT), sold 25,578 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 415,743.103 shares of Walmart Inc.
Walmart Inc operates a chain of retail stores in various formats worldwide. The company offers an assortment of merchandise and services at everyday low prices.
According to the filing, the shares were sold at a price of $65.48 each. This sale is part of a broader trend observed over the past year, where the insider has sold a total of 58,630 shares and made no purchase transactions.
The broader insider transaction history for Walmart Inc shows a significant inclination towards selling, with 100 insider sells and no insider buys over the past year.
As of the latest sale, Walmart Inc's shares have a market cap of approximately $540.73 billion. The stock's price-earnings ratio stands at 28.71, which is above both the industry median of 16.72 and the companys historical median.
The current stock price also reflects a GF Value of $55.97, leading to a price-to-GF-Value ratio of 1.17, indicating that the stock is modestly overvalued.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the companys past performance and expected future business outcomes.
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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