On August 15, 2024, Daniel Bartlett, Executive Vice President of Walmart Inc (NYSE:WMT), sold 2,250 shares of the company. The transaction was documented in a recent SEC filing. After this sale, the insider now owns 461,620,869 shares of Walmart Inc.

Over the past year, Daniel Bartlett has sold a total of 4,648 shares and purchased no shares. This latest transaction continues a trend seen over the past year at Walmart Inc., where there were no insider purchases but 90 insider sales.

Walmart Inc. operates a chain of various types of retail stores worldwide. The company offers a selection of goods and services at consistently low prices.

Walmart Inc. shares were trading at $74 on the day of the sale. The company has a market capitalization of approximately $590.80 billion. Walmart Inc.’s price-to-earnings ratio is 38.18, which is higher than both the industry median of 16.53 and the company’s historical median.

Walmart Inc.’s GF Value is $56.43, which suggests that the stock is slightly overvalued at its current price of $74 with a Price to GF Value ratio of 1.31.

The GF value is calculated by taking into account historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, along with a GuruFocus adjustment factor based on past earnings and growth as well as Morningstar analysts’ views on future business performance.

This insider sale could be of interest to investors who track insider behavior and evaluate the stock’s valuation metrics relative to its current trading price.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.