Walmart EVP Furner sells $1.26 million in WMT stock

Published 24/06/2025, 00:18
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Walmart (NYSE:WMT), the $780 billion market cap retail giant with a robust financial health score of "GOOD" according to InvestingPro, saw Executive Vice President John R. Furner sell 13,125 shares of company stock on June 20, 2025, for approximately $1.26 million.

The shares were sold at a price of $95.8461. The transactions occurred in multiple trades with prices ranging from $95.295 to $96.280. The stock, which has delivered a 45.6% return over the past year, currently trades near $97.87.

Following the transaction, Furner directly owns 945,434.189 shares of Walmart stock. He also indirectly owns 5,584.1059 shares through a 401(k) plan.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan, which Furner had entered into during an open trading window. Walmart disclosed the plan on Form 8-K on March 17, 2025.

In other recent news, Walmart Inc. has announced a partnership with Soda Health to launch the Walmart Everyday Health Signals program. This initiative aims to provide personalized nutrition guidance to select Medicare Advantage and Medicaid members, leveraging Walmart’s retail shopping insights. Additionally, Walmart is exploring the issuance of its own stablecoin, potentially moving transactions outside the traditional banking system, alongside other major retailers like Amazon (NASDAQ:AMZN). The decision will depend on the progress of the Genius Act, which seeks to establish a regulatory framework for stablecoins.

Analysts have also weighed in on Walmart’s financial prospects. RBC Capital Markets has raised Walmart’s stock price target to $103, maintaining an Outperform rating, and projects a rise in net sales for the years 2025 and 2026. Similarly, BMO Capital Markets reaffirmed its Outperform rating with a $110 price target, noting significant growth in Walmart’s fresh sales since Fiscal Year 2020. The firm highlighted the impact of Walmart’s grocery delivery services on customer retention and sales growth.

Meanwhile, KeyBanc Capital Markets considers Walmart well-positioned to navigate current tariff challenges, alongside other retailers like Ollie’s Bargain Outlet and Casey’s General (NASDAQ:CASY) Stores. These developments reflect Walmart’s strategic moves in health, finance, and retail, as well as analyst confidence in its growth trajectory.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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