Walmart Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:WMT Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
29 May 25	Sell€411,718,312	Walton Family	Company	4,808,020	€85.81
23 May 25	Sell€219,639,999	Walton Family	Company	2,582,035	€85.77
22 May 25	Sell€2,495,059	C. McMillon	Individual	29,148	€85.60
21 May 25	Sell€2,395,240	Kathryn McLay	Individual	28,000	€85.54
20 May 25	Sell€658,080,649	Walton Family	Company	7,563,945	€87.58
24 Apr 25	Sell€2,416,040	C. McMillon	Individual	29,124	€82.96
27 Mar 25	Sell€2,310,427	C. McMillon	Individual	29,124	€79.33
14 Mar 25	Sell€484,977,228	Walton Family	Company	6,203,547	€78.18
06 Mar 25	Sell€443,463	Walton Family	Company	5,000	€88.69
05 Mar 25	Sell€285,416,994	Walton Family	Company	3,200,510	€91.89
28 Feb 25	Sell€218,954,180	Walton Family	Company	2,313,187	€94.66
27 Feb 25	Sell€2,713,466	C. McMillon	Individual	29,124	€93.17
26 Feb 25	Sell€7,743,342	Rachel Brand	Individual	83,861	€93.48
21 Feb 25	Sell€1,590,060	Christopher Nicholas	Individual	17,600	€90.34
23 Jan 25	Sell€2,590,907	C. McMillon	Individual	29,124	€88.96
26 Dec 24	Sell€2,582,692	C. McMillon	Individual	29,124	€88.68
23 Dec 24	Sell€609,465,369	Walton Family	Company	6,939,000	€90.10
27 Nov 24	Buy€473,497	Robert Moritz	Individual	5,446	€86.94
27 Nov 24	Sell€484,982	David Chojnowski	Individual	5,600	€86.60
27 Nov 24	Sell€2,521,855	C. McMillon	Individual	29,124	€86.59
24 Oct 24	Sell€2,232,380	C. McMillon	Individual	29,124	€76.65
26 Sep 24	Sell€2,101,324	C. McMillon	Individual	29,124	€72.15
19 Sep 24	Sell€153,505,033	Walton Family	Company	2,163,616	€71.67
12 Sep 24	Sell€67,255,057	Walton Family	Company	934,000	€72.38
09 Sep 24	Sell€401,021,164	Walton Family	Company	5,746,226	€70.02
05 Sep 24	Sell€637,848,612	Walton Family	Company	9,162,767	€70.17
22 Aug 24	Sell€1,984,080	C. McMillon	Individual	29,124	€68.13
25 Jul 24	Sell€1,893,851	C. McMillon	Individual	29,124	€65.03
27 Jun 24	Sell€1,860,398	C. McMillon	Individual	29,124	€63.88
26 Jun 24	Sell€559,709	David Chojnowski	Individual	8,791	€63.67
14 Jun 24	Sell€124,157,189	Walton Family	Company	1,994,347	€62.29
12 Jun 24	Sell€309,079,261	Walton Family	Company	5,019,953	€62.04
07 Jun 24	Sell€76,456,662	Walton Family	Company	1,250,000	€61.86

Insider Trading Volume

Insider Buying: WMT insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of WMT?
Owner Type	Number of Shares	Ownership Percentage
State or Government	4,610,238	0.0576%
Individual Insiders	71,207,047	0.89%
General Public	1,476,292,113	18.5%
Institutions	2,874,364,642	35.9%
Private Companies	3,574,412,871	44.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 66.9% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
37.5%	Walton Enterprises, LLC	3,002,673,393	€256.9b	0%	no data
7.15%	Walton Family	571,739,478	€48.9b	-1.75%	no data
5.32%	The Vanguard Group, Inc.	425,961,042	€36.4b	0.76%	0.58%
4.25%	BlackRock, Inc.	340,276,499	€29.1b	1.15%	0.5%
2.29%	State Street Global Advisors, Inc.	183,416,761	€15.7b	-0.48%	0.64%
1.18%	Geode Capital Management, LLC	94,293,814	€8.1b	4.04%	0.6%
0.79%	Norges Bank Investment Management	63,501,444	€5.4b	0%	0.46%
0.77%	JP Morgan Asset Management	61,845,962	€5.3b	117%	0.62%
0.68%	Morgan Stanley, Investment Banking and Brokerage Investments	54,517,987	€4.7b	9.22%	0.57%
0.59%	UBS Asset Management AG	47,548,833	€4.1b	1.87%	0.39%
0.55%	FMR LLC	44,041,526	€3.8b	-12.9%	0.25%
0.54%	Northern Trust Global Investments	43,100,763	€3.7b	-1.24%	0.56%
0.51%	Managed Account Advisors LLC	41,082,684	€3.5b	15.4%	0.7%
0.51%	T. Rowe Price Group, Inc.	40,814,571	€3.5b	-12.6%	0.36%
0.5%	Fisher Asset Management, LLC	39,917,929	€3.4b	-18.2%	1.59%
0.49%	State Farm Insurance Companies, Asset Management Arm	39,249,150	€3.4b	0%	3.48%
0.39%	Jim Walton	31,521,372	€2.7b	0%	no data
0.39%	Charles Schwab Investment Management, Inc.	31,387,548	€2.7b	-0.67%	0.48%
0.39%	Columbia Management Investment Advisers, LLC	30,874,987	€2.6b	1.27%	0.68%
0.37%	BNY Asset Management	29,980,753	€2.6b	-4.31%	0.54%
0.36%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	28,871,704	€2.5b	25.9%	0.62%
0.35%	Eaton Vance Management	28,146,731	€2.4b	0.86%	0.61%
0.34%	Legal & General Investment Management Limited	26,850,170	€2.3b	5.83%	0.54%
0.32%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	25,715,208	€2.2b	-2.8%	0.55%
0.31%	Jennison Associates LLC	24,876,980	€2.1b	-1.83%	1.45%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/29 08:19
End of Day Share Price	2025/05/29 00:00
Earnings	2025/04/30
Annual Earnings	2025/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Walmart Inc. is covered by 86 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Will Chien	Accountability Research Corporation
Christopher Graja	Argus Research Company
Peter Benedict	Baird