On September 3, 2024, John Rainey, Executive Vice President of Walmart Inc (WMT, Financial), sold 3,000 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 384,165.103 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.
Over the past year, John Rainey has sold a total of 71,156 shares of Walmart Inc and has not purchased any shares. This recent sale is part of a broader trend observed over the past year, where there have been 90 insider sells and no insider buys.
Shares of Walmart Inc were trading at $77.48 on the day of the sale. The company has a market cap of approximately $618.62 billion. The price-earnings ratio of the stock is 40.00, which is higher than the industry median of 16.34 and also above the company's historical median.
The GF Value of Walmart Inc is $56.71, indicating that the stock is significantly overvalued with a price-to-GF-Value ratio of 1.37.
The GF Value is calculated considering historical multiples such as 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.
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.
