Wal-Mart Stores Inc (NYSE: WMT) Executives are Making Moves with Their Shares

By Carrie Williams

Yesterday, a Director at Wal-Mart Stores Inc (NYSE: WMT), Robson Walton, sold shares of WMT for $211.5M.

In addition to Robson Walton, 28 other WMT executives reported Sell trades in the last month. Over the last month, Robson Walton has reported another 4 Sell trades on WMT for a total of $898.5M.

Based on Wal-Mart Stores Inc’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $131 billion and quarterly net profit of $3.76 billion. In comparison, last year the company earned revenue of $130 billion and had a net profit of $4.57 billion. The company has a one year high of $75.19 and a one year low of $62.72. Currently, Wal-Mart Stores Inc has an average volume of 7.06M.

10 different firms, including BMO Capital and Credit Suisse, currently also have a Sell rating on the stock. Based on 14 analyst ratings, the analyst consensus is Hold with an average price target of $76.55, reflecting a -8.0% downside.

In the last 30 days, insiders have sold $3.34B worth of WMT shares and purchased $12.92M worth of WMT shares. The insider sentiment on Wal-Mart Stores Inc has been negative according to 117 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Robson Walton’s trades have generated a -0.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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