Walmart, Inc. (NASDAQ: WMT) stock has seen significant insider trading by the Walton Family Holdings Trust.
The Walton Family Holdings Trust sold 4,424,704 shares of Walmart common stock on June 16, 2026, for approximately $535.8 million, according to a Form 4 filing with the United States Securities and Exchange Commission (SEC) analyzed by Finbold on June 23. The Trust sold Walmart stock in multiple transactions at weighted-average prices ranging from $120.99 to $122.42 per share.
Following the reported transactions, the Trust beneficially owned 502,305,752 WMT shares, valued at approximately $59.62 billion at press time. As such, the Trust has sold more than 11 million Walmart shares in 2026.
In March, the Trust sold 2,779,586 Walmart shares. In May, the Walton Family Holdings Trust sold 2,053,327 shares. Earlier in June, the Trust offloaded 1,771,333 Walmart shares.
Walmart stock price performance and forecast
Year-to-date (YTD), Walmart stock has been trapped in a horizontal consolidation. The notable YTD sales of WMT shares by the Walton Family Holdings Trust could have impacted investors’ confidence.
Moreover, the WMT stock price struggled to rally above the supply level around $134.75 twice YTD. After closing Monday trading at about $117.18, Walmart stock price traded at approximately $118.70 during Tuesday’s pre-market session.
Despite the Trust sales in 2026, Walmart stock has received a strong buy from Wall Street investors for the next 12 months. As of press time, the 12-month average target for WMT stock from 27 Wall Street analysts was $142.46, as per data shared by TipRanks.
However, continued sales from the Walton Family could further weigh on WMT stock price in the near term.
