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

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Oct 16, 2024
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On October 15, 2024, Daniel Bartlett, Executive Vice President of Walmart Inc (WMT, Financial), sold 2,065 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 457,492.869 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. It operates through three segments: Walmart U.S., Walmart International, and Sam's Club.

Over the past year, Daniel Bartlett has sold a total of 8,776 shares of Walmart Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 104 insider sells and no insider buys over the past year.

Shares of Walmart Inc were trading at $80.69 on the day of the sale. The company has a market cap of approximately $652.87 billion. The price-earnings ratio of the stock stands at 42.21, which is significantly higher than the industry median of 16.21 and above the company's historical median.

The GF Value of Walmart Inc is estimated at $56.99, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.42. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, including the price-sales ratio, price-book ratio, and price-to-free cash flow.

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.