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Walmart EPS Beat Supports Results as EVP Sells Shares

Walmart logoWalmart
Sig1.70Sen+1.40Env0.00Soc0.00Gov0.00

Several institutional investors increased positions in Walmart, buying shares worth about $1.2M to $4.4M each, while institutional holders collectively own 26.76%. Walmart reported fiscal second-quarter EPS of $0.81 versus $0.74 expected and revenue up 5.9% year over year, with global e-commerce and advertising growth. Executive Vice President Daniel Danker sold shares worth about $50.6k.

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