Advertisement The Walton family's cash accounts are a whopping $1.5 billion bigger after they sold nearly 9 million shares of Walmart stock last week, according to SEC filings.In a series of three transactions, the heirs to Walmart founder Sam Walton cashed in as the company's stock price rallied toward record highs.The latest sales bring the Walton family's total proceeds to nearly $2.3 billion from Walmart shares in the span of three months, the disclosures show.Walmart's share price boom since 2016 has ...

Walmart (WMT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this world's largest retailer have returned +6.9% over the past month versus the Zacks S&P 500 composite's +4.7% change. The Zacks Retail - Supermarkets industry, to which Walmart belongs, has gained 7.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media repo ...

Walmart (NYSE:WMT) stock has resumed trading after its 3-for-1 stock split over the weekend.The price of the new shares was $58.52 each as WMT stock prepared to open this morning.CEO Doug McMillon wrote in announcing the split that company founder Sam Walton wanted employees to be able to buy full shares as part of the company’s stock purchase plan. Walmart has about 2.1 million employees.Walton’s Stock Parking LotHaving stock in the hands of employees can give it long-term stability. A majority stake in Wa ...

It's no secret that Amazon is the e-commerce champion of the world. The company had $232 billion in online store sales in 2023. This is simply enormous. Consider that eBay is still one of the biggest e-commerce operations in the world as well, but its trailing-12-month gross merchandise volume of $73 billion doesn't even hold a candle to Amazon's scale.E-commerce has been around for decades, and Amazon was an early pioneer in the space. But investors should resist the urge to think of e-commerce as a played ...

BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT) announced today that company leadership will participate in upcoming investor events. Links to those with live webcasts can be found on Walmart’s investor relations website at stock.walmart.com. February 27: West Coast Buyside Consumer CEO Conference – Doug McMillon, president and chief executive officer, Walmart, Inc. will participate in meetings. March 5: Raymond James Institutional Investors Conference – Steph Wissink, senior vice president ...

Today marks a new era for the Dow Jones Industrial Average. Not only is the nearly 128-year-old index undergoing only its 52nd change with the addition of online retailer Amazon and the removal of pharmacy chain Walgreens Boots Alliance, but the Dow's divisor (the figure that helps convert share price into Dow points) is changing due to Walmart's (WMT 0.09%) 3-for-1 stock split.A "stock split" is an event which allows a publicly traded company to alter its share price and outstanding share count by the same ...

Last month, leading retailer Walmart (WMT 0.09%) announced that it would conduct a 3-for-1 stock split on Feb. 23. In recent years, investors have a seen a number of high-profile tech companies such as Alphabet, Amazon, and Tesla conduct stock splits. However, this is Walmart's first split in over two decades. It last completed a stock split back in 1999.Let's dig into how stock splits work and what investors should understand before pouring into Walmart stock.What savvy investors understand about stock spl ...

Walmart (NYSE:WMT) will split its stock 3-for-1 after trading ends today, with shares trading at a split-adjusted price on Feb. 26. WMT stock last split, 2-for-1, in 1999.If you have 100 Walmart shares today, you will have 300 on Monday. A share is worth $176.50 as trading opens this morning and will likely open at about $59 on Feb. 26. The market capitalization is $475 billion.WMT stock is up 11% so far in 2024 and up 21% over the last year. The split will result in Walmart having 8.1 billion shares. Over ...

An employee adjusts a price label ahead at a Walmart Supercenter on November 14, 2023 in Burbank, California. (Photo by Mario Tama/Getty Images)Getty ImagesIn 2018, Walmart launched a brand new education perk, offering $1-a-day tuition benefits for roughly 30 different college degrees from places that now include the likes of Spelman College and the University of Arkansas. (It dropped the fee altogether in 2021.) More than five years later, amid increasing efforts by employers to drop four-year diploma requ ...

Retail giant Walmart (WMT -1.23%) bucked Tuesday's market pullback, rising more than 3% as the S&P 500 declined 0.6%. The upbeat day for the megacap stock was due to the retailer's strong earnings report, which featured revenue and earnings per share significantly ahead of analysts' average forecasts.But the one metric income investors likely focused on was the company's latest dividend increase. On Tuesday, management announced its highest quarterly dividend raise in over 10 years.Here's a closer look at W ...