Insider Sale: Executive Vice President Daniel Bartlett Sells Shares of Walmart Inc (WMT)

Article's Main Image

On August 15, 2024, Daniel Bartlett, Executive Vice President of Walmart Inc (WMT, Financial), sold 2,250 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 461,620.869 shares of Walmart Inc.

Over the past year, Daniel Bartlett has sold a total of 4,648 shares and has not purchased any shares. This recent transaction continues a trend observed over the past year at Walmart Inc, where there have been no insider buys but 90 insider sells.

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.

Shares of Walmart Inc were trading at $74 on the day of the sale. The company has a market cap of approximately $590.80 billion. The price-earnings ratio of Walmart Inc stands at 38.18, which is above both the industry median of 16.53 and the company's historical median.

The GF Value of Walmart Inc is $56.43, indicating that with a current price of $74, the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.31.

1824718034657505280.png

1824718074344009728.png

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 insider sale might be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics in relation to its current trading price.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.