Walmart's executive vice president sells $1.22 million in shares

BENTONVILLE, Ark.—John R. Furner, Executive Vice President of Walmart Inc. (NYSE:WMT), recently sold 13,125 shares of the retail giant's common stock, which has seen its market value surge to $737.79 billion following a remarkable 78% return over the past year. The transaction, executed on December 26, 2024, was carried out at a price of $92.60 per share, totaling approximately $1.22 million.

The sale was conducted under a Rule 10b5-1 Plan, which Furner entered during an open trading window, as disclosed by Walmart in a Form 8-K filing earlier this year. Following this transaction, Furner retains 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 currently trades at a P/E ratio of 37.55 and appears overvalued relative to its Fair Value, though the company maintains a GOOD financial health score.

These transactions are part of Furner's ongoing management of his equity in Walmart, reflecting strategic financial planning within the guidelines of the company's trading policies. For deeper insights into Walmart's valuation and 14+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Walmart Inc. has been implicated in a lawsuit filed by the Consumer Financial Protection Bureau, alleging the company and its fintech partner, Branch Messenger Inc., opened costly bank accounts for delivery drivers without their consent. On another note, KeyBanc Capital Markets spotlighted Walmart as a standout investment for the upcoming year, maintaining an Overweight rating on the company due to its strong market position and consistent dividend payments. The firm also highlighted Walmart's revenue of $673.82 billion in the last twelve months and a solid 5.48% revenue growth rate.

TD Cowen released a report suggesting FedEx (NYSE:FDX), with its Network 2.0 plan, is better positioned to enhance profitability through cost savings, compared to UPS, in the evolving e-commerce sector. Meanwhile, Tigress Financial Partners raised the 12-month price target for Walmart to $115, maintaining its buy rating due to the company's robust growth trajectory and market share gains.

Bernstein, a division of SocGen Group, maintained an Outperform rating on Walmart, expressing confidence in the retail giant's potential to capitalize on its scale and enhance value for customers, particularly in the e-commerce sector. These recent developments highlight the ongoing attention on Walmart from various financial institutions and regulatory bodies.

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