Walmart Board Sells $1.22 Million in Stock from Investing.com

BENTONVILLE, Arkansas – Walmart Inc. (NYSE:) Executive Vice President John R. Furner recently sold 13,125 shares of the retail giant. The company’s market value has risen an impressive 78% over the past year to $737.79 billion. The transaction was completed on December 26, 2024 at a price of $92.60 per share and totaled approximately $1.22 million.

The sale was made under a Rule 10b5-1 plan that Furner completed during an open trading window, Walmart said in a Form 8-K filing earlier this year. Following this transaction, Furner will retain direct ownership of 566,793,827 shares. Additionally, he holds 5,584,1059 shares indirectly through a 401(k) plan. According to InvestingPro analysis, Walmart is currently trading at a price-to-earnings (P/E) ratio of 37.55 and appears overvalued relative to its fair value, despite the company having a GOOD financial valuation.

These transactions are part of Furner’s ongoing management of its interest in Walmart and reflect strategic financial planning within the company’s trading policies. For deeper insights into Walmart’s valuation and 14+ additional ProTips, we recommend taking a look at the comprehensive Pro Research Report on InvestingPro.

In other recent news, Walmart Inc. has been caught up in a lawsuit filed by the Consumer Financial Protection Bureau. It accuses the company and its fintech partner Branch Messenger Inc. of opening costly bank accounts for delivery drivers without their consent. On the other hand, KeyBanc Capital Markets highlighted Walmart as a standout investment for the coming year, maintaining an Overweight rating due to the company’s strong market position and consistent dividend payments. The firm also highlighted Walmart’s trailing twelve-month revenue of $673.82 billion and a solid sales growth rate of 5.48%.

TD Cowen released a report suggesting that FedEx’s Network 2.0 plan is better positioned to increase profitability through cost savings compared to UPS in the evolving e-commerce sector. Meanwhile, Tigress Financial Partners raised Walmart’s 12-month price target to $115 and maintained its Buy rating due to the company’s robust growth trajectory and market share gains.

Bernstein, a division of SocGen Group, gave Walmart an Outperform rating at , expressing confident confidence in the retail giant’s potential to capitalize on its economies of scale and increase value for customers, particularly in the e-commerce space. These latest developments underscore the continued attention on Walmart from various financial institutions and regulators.

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