Wal-Mart Stores (WMT) has risen sharply, recording gains of 3.83% in the past 4 weeks. However, the stock has corrected -0.23% in the past 1 week, providing a good buying opportunity on dips. Wal-Mart Stores (WMT) : During the past 4 weeks, traders have been relatively bearish on Wal-Mart Stores (WMT), hence the stock is down -0.51% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.7% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 4.54%.
Wal-Mart Stores (NYSE:WMT): The stock opened at $73.98 on Friday but the bulls could not build on the opening and the stock topped out at $74.01 for the day. The stock traded down to $73.44 during the day, due to lack of any buying support eventually closed down at $73.67 with a loss of -0.04% for the day. The stock had closed at $73.70 on the previous day. The total traded volume was 5,994,796 shares.
The company Insiders own 51.55% of Wal-Mart Stores shares according to the proxy statements. Institutional Investors own 31.28% of Wal-Mart Stores shares. During last six month period, the net percent change held by insiders has seen a change of -9.78%. In a related news, The Securities and Exchange Commission has divulged that Brewer Rosalind G, Officer (Executive Vice President) of WAL MART STORES INC, had unloaded 10,794 shares at an average price of $71.65 in a transaction dated on June 29, 2016. The total value of the transaction was worth $773,390.
Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Companys operations are conducted in three segments: Walmart U.S., Walmart International and Sams Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sams Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.