Walmart Inc’s recent filing unveils that its 10% Owner Walton Family Holdings Trust unloaded Company’s shares for reported $0.48 million on Mar 06 ’25. In the deal valued at $96.05 per share,5,000 shares were sold. As a result of this transaction, Walton Family Holdings Trust now holds 591,532,005 shares worth roughly $51.72 billion.
Then, Walton Family Holdings Trust sold 1,386,039 shares, generating $132,000,587 in total proceeds. Upon selling the shares at $95.24, the 10% Owner now owns 592,809,427 shares.
Before that, Walton Family Holdings Trust sold 1,272,422 shares. Walmart Inc shares valued at $122,169,716 were divested by the 10% Owner at a price of $96.01 per share. As a result of the transaction, Walton Family Holdings Trust now holds 591,537,005 shares, worth roughly $51.72 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 Tuesday, Walmart Inc [NYSE:WMT] saw its stock fall -0.43% to $87.44. Over the last five days, the stock has lost -7.93%. Walmart Inc shares have fallen nearly -3.22% since the year began. Nevertheless, the stocks have risen 44.86% over the past one year. While a 52-week high of $105.30 was reached on 02/14/25, a 52-week low of $58.56 was recorded on 03/10/25. SMA at 50 days reached $95.83, while 200 days put it at $82.07.
Levels Of Support And Resistance For WMT Stock
The 24-hour chart illustrates a support level at 86.61, which if violated will result in even more drops to 85.77. On the upside, there is a resistance level at 88.81. A further resistance level may holdings at 90.18. The Relative Strength Index (RSI) on the 14-day chart is 30.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.86%. Stochastics %K at 6.72% indicates the stock is a buying.
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.
