Walmart Slides as Slower U.S. Sales Growth Overshadows Earnings Beat

Walmart (WMT) is down 9.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied mainly to a slowdown in Walmart’s underlying U.S. sales growth, which overshadowed otherwise solid quarterly results. Investors also seemed concerned that pharmacy-related pressure and a measured forward outlook did not fully support the stock’s premium valuation.

Details:

Walmart’s latest quarterly results topped expectations on revenue and adjusted earnings, but that was not enough to offset worries about slower demand trends.

U.S. comparable sales growth was about 2.6%, described as the slowest pace in roughly six years, suggesting the core retail business is cooling.

Pharmacy and wellness trends weighed on growth, with lower drug prices acting as a headwind to reported sales in the quarter.

Even with a higher full-year outlook, the market appears to have focused on softer same-store momentum and a less aggressive near-term setup than many investors wanted to see.

Sources:

Walmart, AP News, Axios

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$WMT Insider Trading Activity

$WMT insiders have traded $WMT stock on the open market 60 times in the past 6 months. Of those trades, 0 have been purchases and 60 have been sales.

Here’s a breakdown of recent trading of $WMT stock by insiders over the last 6 months:

FAMILY HOLDINGS TRUST WALTON has made 0 purchases and 31 sales selling 18,897,704 shares for an estimated $2,310,088,161.
C DOUGLAS MCMILLON has made 0 purchases and 4 sales selling 77,664 shares for an estimated $9,721,637.
JOHN R. FURNER (President & CEO) has made 0 purchases and 7 sales selling 52,500 shares for an estimated $6,562,301.
CHRISTOPHER JAMES NICHOLAS (Executive Vice President) has made 0 purchases and 7 sales selling 45,682 shares for an estimated $5,552,817.
JOHN D RAINEY (Executive Vice President) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $2,555,713.
LATRIECE WATKINS (Executive Vice President) has made 0 purchases and 2 sales selling 21,000 shares for an estimated $2,523,300.
DANIEL J BARTLETT (Executive Vice President) has made 0 purchases and 6 sales selling 12,780 shares for an estimated $1,500,377.
DAVID W GUGGINA (Executive Vice President) sold 11,978 shares for an estimated $1,435,203

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$WMT Hedge Fund Activity

We have seen 2,053 institutional investors add shares of $WMT stock to their portfolio, and 2,170 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

INVESCO LTD. added 104,928,066 shares (+241.0%) to their portfolio in Q2 2026, for an estimated $11,884,152,755
JPMORGAN CHASE & CO added 96,309,921 shares (+inf%) to their portfolio in Q2 2026, for an estimated $10,908,061,652
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 30,500,618 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,454,499,994
SG AMERICAS SECURITIES, LLC added 9,478,296 shares (+296.6%) to their portfolio in Q2 2026, for an estimated $1,073,511,804
BARCLAYS PLC removed 7,555,698 shares (-45.5%) from their portfolio in Q2 2026, for an estimated $855,758,355
DEUTSCHE BANK AG\ added 6,525,224 shares (+54.0%) to their portfolio in Q2 2026, for an estimated $739,046,870
AMUNDI added 6,393,326 shares (+44.4%) to their portfolio in Q2 2026, for an estimated $724,108,102

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$WMT Congressional Stock Trading

Members of Congress have traded $WMT stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $WMT stock by members of Congress over the last 6 months:

REPRESENTATIVE RICHARD MCCORMICK sold up to $15,000 on 07/30.
SENATOR ALAN ARMSTRONG sold up to $50,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$WMT Analyst Ratings

Wall Street analysts have issued reports on $WMT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

TD Cowen issued a "Buy" rating on 05/07/2026
BTIG issued a "Buy" rating on 05/06/2026

To track analyst ratings and price targets for $WMT, check out Quiver Quantitative's $WMT forecast page.

$WMT Price Targets

Multiple analysts have issued price targets for $WMT recently. We have seen 12 analysts offer price targets for $WMT in the last 6 months, with a median target of $138.5.

Here are some recent targets:

Robert Drbul from BTIG set a target price of $145.0 on 06/08/2026
Ivan Feinseth from Tigress Financial set a target price of $155.0 on 05/29/2026
Steven Shemesh from RBC Capital set a target price of $137.0 on 05/22/2026
Chris Bottiglieri from BNP Paribas set a target price of $146.0 on 05/22/2026
Michael Lasser from UBS set a target price of $141.0 on 05/22/2026
Georgy Vashchenko from Freedom Broker set a target price of $133.0 on 05/21/2026
Peter Keith from Piper Sandler set a target price of $137.0 on 05/15/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.