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Wal-Mart Stores (NYSE:WMT) EVP Rollin L. Ford sold 1,000 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $76.55, for a total transaction of $76,550.00. Following the completion of the transaction, the executive vice president now directly owns 99,270 shares of the company’s stock, valued at approximately $7,599,119. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Wal-Mart Stores (NYSE:WMT) traded up 1.04% during mid-day trading on Friday, hitting $76.77. 5,974,016 shares of the company’s stock traded hands. Wal-Mart Stores has a 52 week low of $71.51 and a 52 week high of $81.37. The stock has a 50-day moving average of $77.62 and a 200-day moving average of $76.97. The company has a market cap of $248.2 billion and a P/E ratio of 15.69.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings results on Thursday, May 15th. The company reported $1.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.15 by $0.05. The company had revenue of $114.20 billion for the quarter, compared to the consensus estimate of $116.29 billion. During the same quarter in the prior year, the company posted $1.14 earnings per share. Analysts expect that Wal-Mart Stores will post $5.18 EPS for the current fiscal year.

WMT has been the subject of a number of recent research reports. Analysts at Standpoint Research initiated coverage on shares of Wal-Mart Stores in a research note on Wednesday. They set a “strong sell” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Wal-Mart Stores in a research note on Friday, May 16th. They now have a $81.00 price target on the stock. Finally, analysts at Raymond James cut their price target on shares of Wal-Mart Stores from $85.00 to $83.00 in a research note on Friday, May 16th. They now have an “outperform” rating on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $81.47.

Wal-Mart Stores, Inc (NYSE:WMT), operates retail stores in various formats globally.

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