Wal-Mart Stores, Inc. (NYSE:WMT) insider Jacqueline P. Canney sold 2,065 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $96.99, for a total transaction of $200,284.35. Following the completion of the transaction, the insider now owns 19,060 shares in the company, valued at $1,848,629.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Wal-Mart Stores, Inc. (WMT) traded up $1.06 on Wednesday, reaching $97.76. 7,877,837 shares of the company traded hands, compared to its average volume of 8,914,014. The stock has a market capitalization of $287,143.69, a PE ratio of 22.13, a price-to-earnings-growth ratio of 3.57 and a beta of 0.37. Wal-Mart Stores, Inc. has a 52 week low of $65.28 and a 52 week high of $100.13. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The company had revenue of $122.14 billion during the quarter, compared to analysts’ expectations of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. Wal-Mart Stores’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the company posted $0.98 earnings per share. analysts anticipate that Wal-Mart Stores, Inc. will post 4.43 earnings per share for the current year.

Wal-Mart Stores declared that its board has authorized a stock buyback plan on Tuesday, October 10th that authorizes the company to buyback $20.00 billion in shares. This buyback authorization authorizes the retailer to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Winfield Associates Inc. lifted its position in Wal-Mart Stores by 5.8% during the second quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after purchasing an additional 75 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its position in Wal-Mart Stores by 3.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock valued at $108,000 after purchasing an additional 45 shares during the last quarter. TrimTabs Asset Management LLC lifted its position in Wal-Mart Stores by 89.2% during the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after purchasing an additional 696 shares during the last quarter. Thompson Davis & CO. Inc. lifted its position in Wal-Mart Stores by 456.9% during the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after purchasing an additional 1,252 shares during the last quarter. Finally, Hudock Capital Group LLC lifted its position in Wal-Mart Stores by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after purchasing an additional 7 shares during the last quarter. 30.65% of the stock is owned by institutional investors.

Several research analysts have weighed in on the stock. MKM Partners reiterated a “neutral” rating on shares of Wal-Mart Stores in a research report on Tuesday, August 15th. UBS reiterated a “neutral” rating and issued a $84.00 price target on shares of Wal-Mart Stores in a research report on Sunday, August 20th. Oppenheimer reiterated a “buy” rating and issued a $90.00 price target on shares of Wal-Mart Stores in a research report on Friday, August 18th. Morgan Stanley reissued an “equal weight” rating and issued a $100.00 price objective (up from $92.00) on shares of Wal-Mart Stores in a research note on Tuesday. Finally, Royal Bank of Canada increased their price objective on shares of Wal-Mart Stores from $76.00 to $77.00 and gave the stock an “underperform” rating in a research note on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $92.96.

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About Wal-Mart Stores

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Insider Buying and Selling by Quarter for Wal-Mart Stores (NYSE:WMT)

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