Walmart Inc’s recent filing unveils that its President and CEO McMillon C Douglas unloaded Company’s shares for reported $2.82 million on Feb 27 ’25. In the deal valued at $96.95 per share,29,124 shares were sold. As a result of this transaction, McMillon C Douglas now holds 3,558,247 shares worth roughly $347.25 million.
Then, Walton Family Holdings Trust sold 2,292,850 shares, generating $225,822,567 in total proceeds. Upon selling the shares at $98.49, the 10% Owner now owns 594,737,515 shares.
Before that, Walton Family Holdings Trust sold 20,337 shares. Walmart Inc shares valued at $1,993,665 were divested by the 10% Owner at a price of $98.03 per share. As a result of the transaction, Walton Family Holdings Trust now holds 597,030,365 shares, worth roughly $58.26 billion.
DZ Bank upgraded its Walmart Inc [WMT] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who remained covering the stock and in mid December has reiterated a ‘”an Overweight”‘ rating for it. DZ Bank also remained covering WMT and has decreased its forecast on November 21, 2024 with a “Hold” recommendation from previously “Buy” rating. Telsey Advisory Group maintained its rating on November 20, 2024. It rated WMT as “an Outperform”.
Price Performance Review of WMT
On Monday, Walmart Inc [NYSE:WMT] saw its stock fall -1.03% to $97.59. Over the last five days, the stock has gained 4.18%. Walmart Inc shares have risen nearly 8.01% since the year began. Nevertheless, the stocks have risen 63.69% over the past one year. While a 52-week high of $105.30 was reached on 02/14/25, a 52-week low of $58.20 was recorded on 01/02/25. SMA at 50 days reached $95.94, while 200 days put it at $81.19.
Levels Of Support And Resistance For WMT Stock
The 24-hour chart illustrates a support level at 96.45, which if violated will result in even more drops to 95.30. On the upside, there is a resistance level at 99.11. A further resistance level may holdings at 100.63. The Relative Strength Index (RSI) on the 14-day chart is 48.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.50%. Stochastics %K at 42.06% indicates the stock is a holding.
The most recent change occurred on October 22, 2024 when Bernstein began covering the stock and recommended ‘”an Outperform”‘ rating along with a $95 price target.
