On September 16, 2024, Daniel Bartlett, Executive Vice President of Walmart Inc (WMT, Financial), sold 2,063 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 459,557.869 shares of Walmart Inc.
Over the past year, Daniel Bartlett has sold a total of 6,711 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 100 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 stock was trading at $80.76 on the day of the sale, giving it a market cap of approximately $635.26 billion.
The price-earnings ratio of Walmart Inc stands at 41.08, significantly higher than the industry median of 16.38. This ratio is also above the company's historical median, indicating a premium valuation compared to its past earnings.
According to the GF Value, the intrinsic value estimate for Walmart Inc is $56.80 per share, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.42. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, such as the price-to-free cash flow, price-sales ratio, and price-book ratio.
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.
