2 weeks Ago By Defense World Staff
New Wave Wealth Advisors LLC purchased a new stake in shares of Walmart Inc. ( NYSE:WMT – Free Report ) in the second quarter, according to its most recent filing with the SEC. The firm purchased 307,540 shares of the retailer’s stock, valued at approximately $20,824,000.
Walmart accounts for about 11.2% of New Wave Wealth Advisors LLC’s portfolio, making the stock its largest position. A number of other institutional investors and hedge funds have also modified their holdings of the company.
Able Wealth Management LLC acquired a new stake in Walmart in the fourth quarter valued at $30,000. Vermillion & White Wealth Management Group LLC acquired a new stake in Walmart in the 4th quarter valued at about $32,000. Frank Rimerman Advisors LLC purchased a new position in Walmart during the 4th quarter valued at about $48,000.
EntryPoint Capital LLC acquired a new position in Walmart during the first quarter worth about $25,000. Finally, TruNorth Capital Management LLC lifted its holdings in shares of Walmart by 138.3% in the second quarter.
TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after purchasing an additional 249 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.
Insider Activity In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $81.
04, for a total value of $1,063,650.00. Following the completion of the sale, the executive vice president now owns 606,165 shares in the company, valued at $49,123,611.
60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link . In other news, EVP John R.
Furner sold 13,125 shares of the stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $81.04, for a total transaction of $1,063,650.
00. Following the transaction, the executive vice president now owns 606,165 shares of the company’s stock, valued at $49,123,611.60.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, EVP Daniel J. Bartlett sold 2,398 shares of the business’s stock in a transaction dated Monday, July 15th.
The shares were sold at an average price of $69.50, for a total value of $166,661.00.
Following the completion of the sale, the executive vice president now directly owns 463,871 shares of the company’s stock, valued at $32,239,034.50. The disclosure for this sale can be found here .
In the last three months, insiders sold 12,334,670 shares of company stock worth $958,025,027. 45.58% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth Check Out Our Latest Stock Report on Walmart Walmart Stock Performance Shares of WMT stock opened at $80.75 on Tuesday. The company’s fifty day moving average price is $74.
64 and its two-hundred day moving average price is $67.71. The company has a debt-to-equity ratio of 0.
46, a current ratio of 0.80 and a quick ratio of 0.22.
The firm has a market capitalization of $649.09 billion, a P/E ratio of 34.56, a P/E/G ratio of 4.
00 and a beta of 0.51. Walmart Inc.
has a 12 month low of $49.85 and a 12 month high of $81.60.
Walmart ( NYSE:WMT – Get Free Report ) last issued its quarterly earnings results on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.
65 by $0.02. Walmart had a return on equity of 21.
72% and a net margin of 2.34%. The firm had revenue of $169.
30 billion during the quarter, compared to the consensus estimate of $168.56 billion. During the same quarter in the prior year, the business posted $0.
61 earnings per share. Walmart’s revenue for the quarter was up 4.7% on a year-over-year basis.
On average, research analysts anticipate that Walmart Inc. will post 2.44 earnings per share for the current fiscal year.
About Walmart ( Free Report ) Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S.
, Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.
mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.
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