Wal Mart Stores Inc (WMT): S Robson Walton , director 10% owner of Wal Mart Stores Inc sold 1,450,000 shares on Jun 27, 2016. The Insider selling transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were sold at $71.54 per share for a total value of $103520024 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 29, 2016, Alice L Walton (10% owner) sold 1,450,000 shares at $71.54 per share price.On Jun 29, 2016, Jim C Walton (10% owner) sold 1,450,000 shares at $71.54 per share price.Also, On Feb 26, 2016, Rollin L. Ford (EVP) sold 740 shares at $67.65 per share price.On Dec 4, 2015, Timothy Patrick Flynn (director) purchased 10,000 shares at $58.46 per share price.
Shares of Wal-Mart Stores (WMT) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -0.46 points or -0.64% at $71.5 with 1,13,46,061 shares getting traded. Post opening the session at $71.64, the shares hit an intraday low of $70.875 and an intraday high of $71.77 and the price vacillated in this range throughout the day. The company has a market cap of $222,840 M and the number of outstanding shares has been calculated to be 3,11,66,46,700 shares. The 52-week high of Wal-Mart Stores is $74.14 and the 52-week low is $56.3.
Company has been under the radar of several Street Analysts.Wal-Mart Stores is Resumed by Nomura to Buy and the brokerage firm has set the Price Target at $81. The Rating was issued on Jun 23, 2016.Wal-Mart Stores is Upgraded by Jefferies to Buy and the brokerage firm has raised the Price Target to $ 82 from a previous price target of $60 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jun 6, 2016.Wal-Mart Stores is Reiterated by Telsey Advisory Group to Market Perform and the brokerage firm has raised the Price Target to $ 71 from a previous price target of $65 .The Rating was issued on May 20, 2016.Wal-Mart Stores is Reiterated by RBC Capital Mkts to Underperform and the brokerage firm has raised the Price Target to $ 69 from a previous price target of $66 .The Rating was issued on May 20, 2016.Wal-Mart Stores is Reiterated by Nomura to Buy and the brokerage firm has raised the Price Target to $ 81 from a previous price target of $70 .The Rating was issued on May 20, 2016.
Wal-Mart Stores Inc. is engaged in the operation of retail wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company’s operations are conducted in three segments: Walmart U.S. Walmart International and Sam’s Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States Washington D.C. and Puerto Rico with three primary store formats as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail wholesale and other. The Sam’s Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico as well as digital retail.