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Walmart Inc [WMT] Officer makes an insider purchase of 83,861 shares worth 8.07 million.

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Walmart Inc shares valued at $8,067,428 were purchased by Rachel Brand on Feb 26 ’25. At $96.20 per share, Rachel Brand acquired 83,861 shares.

Also, Nicholas Christopher James sold 17,600 shares, netting a total of over 1,661,852 in proceeds. Following the sale of shares at $94.42 each, the insider now holds 348,357 shares.

Before that, Christopher James Nicholas had added 17,600 shares to its account. In a trade valued at $1,710,896, the Executive Vice President bought Walmart Inc shares for $97.21 each.

As published in a research note from DZ Bank on February 25, 2025, Walmart Inc [WMT] has been rated up from a Hold to a Buy and the price target has been revised to $110. Analysts at KeyBanc Capital Markets resumed the stock at ‘”an Overweight”‘ outlook in a report released in mid December. As of November 21, 2024, DZ Bank has decreased its “Buy” rating to a “Hold” for WMT. Earlier on November 20, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for WMT stock.

Analyzing WMT Stock Performance

During the last five days, there has been a drop of approximately -0.43%. Over the course of the year, Walmart Inc shares have jumped approximately 7.13%. Shares of the company reached a 52-week high of $105.30 on 02/14/25 and a 52-week low of $89.52 on 01/02/25. A 50-day SMA is recorded $95.79, while a 200-day SMA reached $80.82. Nevertheless, trading volume fell to 16.18 million shares from 19.07 million shares the previous day.

Support And Resistance Levels for Walmart Inc (WMT)

According to the 24-hour chart, there is a support level at 95.72, which, if violated, would cause prices to drop to 94.65. In the upper region, resistance lies at 97.95. The next price resistance is at 99.11. RSI (Relative Strength Index) is 46.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.35, which suggests the price will decrease in the coming days. Percent R is at 64.57%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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