WMT - JIM WALTON Takes Money Off The Table Sells $21.02M In Walmart Stock | Benzinga
Disclosed on March 14, JIM WALTON, 10% Owner at Walmart (NYSE:WMT), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that WALTON sold 345,000 shares of Walmart. The total transaction amounted to $21,020,505.
As of Friday morning, Walmart shares are up by 0.07%, currently priced at $61.06.
All You Need to Know About Walmart
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,600 stores in the United States (5,200 including Sam's Club) and over 10,000 stores globally. Walmart generated over $440 billion in domestic namesake sales in fiscal 2024, with Sam's Club contributing another $86 billion to the firm's top line. Internationally, Walmart generated $115 billion in sales. The company serves around 240 million customers globally each week.
Unraveling the Financial Story of Walmart
Revenue Growth: Over the 3 months period, Walmart showcased positive performance, achieving ...