Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Walmart (NYSE:WMT) President and CEO C Douglas McMillon sold 19,416 shares of company stock on July 24, 2025, according to a new SEC filing. The shares were sold at a weighted average price of $95.583, for a total transaction value of $1.85 million. The sales were executed in multiple trades ranging from $95.50 to $95.73. The transaction comes as Walmart, currently valued at $778.49B, trades near $97.61, having delivered a remarkable 41.32% return over the past year. InvestingPro analysis indicates the stock is trading above its Fair Value.
Following the transaction, McMillon directly owns 4,412,397.867 shares of Walmart common stock.
Additionally, McMillon indirectly owns shares through various trusts and plans, including 5,759.9784 shares via 401(k), 415,203 shares by Trust for Children, 57,270 shares by Wife’s Trust for Children, 173,466 shares by Marital Trust, 5,233 shares by Trust for Wife, 6,777 shares by Son, and 395,970 shares by Wife’s Trust for Children and Reporting Person.
The sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on March 17, 2025. The company continues to demonstrate strong operational performance, generating $685.09B in revenue over the last twelve months, though it currently trades at a relatively high P/E ratio of 41.5.
In other recent news, Walmart has announced plans to convert Vizio into a private-label brand by the end of 2025, restricting sales to Walmart and Sam’s Club locations. This move follows Walmart’s acquisition of Vizio for $2.3 billion last year as part of its strategy to enhance its advertising business. In another development, Walmart suppliers have paused or delayed orders from garment manufacturers in Bangladesh due to the potential imposition of a 35% tariff by the U.S. administration. Additionally, Walmart has recalled approximately 850,000 Ozark Trail water bottles after reports of injuries caused by the lids ejecting forcefully. The retailer has also opened its first company-owned beef processing facility in Kansas, aiming to bolster its end-to-end beef supply chain. Moreover, Walmart announced the closure of a Sam’s Club fulfillment center in Fort Worth, Texas, which may result in job losses, though the exact number remains undetermined.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.