Walmart Inc. (NASDAQ: WMT) ended Monday’s session lower even as the broader market climbed in a holiday-shortened week, and the stock barely moved after the closing bell.
Shares closed at $112.60, down 1.54%, and were $112.55 in after-hours trading (down 0.04%) as of early evening in New York. [1]
Key takeaways (after the bell)
- Close: $112.60 (-1.54%) [2]
- After-hours: $112.55 (-0.04%) [3]
- Day range: $112.22 – $114.32 [4]
- 52-week range: $79.81 – $117.45 [5]
- Volume: ~21.3M shares (above recent average) [6]
- Valuation snapshot: market cap ~$904.8B, P/E ~39.4, dividend yield ~0.83% [7]
- Main headlines investors digested today:
- Tuesday (Dec. 23) macro risk: GDP, durable goods, permits, core PCE, and consumer confidence are due. [11]
Walmart stock recap: what happened in regular trading and after-hours
Walmart opened Monday at $114.01 and spent most of the day drifting lower, hitting an intraday low of $112.22 before finishing the regular session at $112.60. [12]
After the 4:00 p.m. ET close, the stock was essentially flat-to-slightly lower, trading around $112.55 in late trading. [13]
The notable point for investors: Walmart underperformed the tape on a day when U.S. equities broadly rose heading into Christmas, with lighter volumes expected across the week. [14]
Why WMT slipped today: the three drivers traders focused on
No new earnings were released Monday, so the after-hours narrative is largely about positioning, headlines, and risk management into Tuesday’s heavy economic calendar.
1) Insider-sale headlines resurfaced — including the Walton family trust
The single biggest “why is it down?” storyline circulating Monday centered on Form 4 filings.
Walton Family Holdings Trust (10% owner):
A Form 4 filed with the SEC shows the trust distributed 523,000 shares for no consideration (to a beneficiary) and also sold shares on Dec. 19, 2025. The filing lists two sales totaling 872,000 shares at weighted average prices around $114.26 and $114.582, leaving 525,964,456 shares held directly afterward. [15]
That matters because Walmart is one of those “crowded quality” names where any insider headline can move sentiment in a thin market week — even when sales are part of ongoing trust management and distributions.
Executives also trimmed smaller amounts:
MarketBeat highlighted several recent executive transactions (including sales by EVPs Kathryn J. McLay and John R. Furner, among others), noting the trades reduced stakes by under ~2% in each case. [16]
How to read this (without overreacting):
Insider selling can be routine (taxes, diversification, trust distributions). But in the near term, it can still pressure a stock that’s trading near its recent highs and at a premium valuation. (WMT’s P/E was shown around 39x in widely quoted market data Monday.) [17]
2) A fresh legal headline: Walmart to be added to ByHeart botulism suits
Another headline risk surfaced late Monday: Target, Whole Foods Market, and Walmart will be added as defendants in lawsuits involving baby formula maker ByHeart and product contamination concerns tied to infant botulism, according to Bloomberg Law. [18]
The report cited foodborne-illness attorney Bill Marler saying he plans to add the retailers to the lawsuits this week, and it also referenced his view that ByHeart may be insolvent — a framing that can pull retailers more directly into the legal spotlight. [19]
Even if these cases ultimately play out over a long timeline, the market often treats developing litigation as headline volatility—especially when it involves consumer safety.
3) The “good news is priced in” setup (holiday week + valuation)
Walmart has been positioned as a defensive winner in a market that’s increasingly sensitive to consumer health and pricing power. But going into Christmas week, investors also see:
- Thin trading conditions (wider bid/ask spreads can exaggerate moves) [20]
- A high-profile stock sitting near its 52-week high of $117.45 [21]
- A premium multiple versus many big-box/consumer peers (again, P/E around 39x in Monday’s widely displayed data) [22]
That combination can make even “small” negative catalysts (insider headlines, a lawsuit update) enough to trigger a down day.
Analyst forecasts today: price targets moved higher (even as WMT dipped)
While the stock faded Monday, Wall Street’s price-target trend stayed constructive.
- Jefferies raised its Walmart price target to $132 from $125 and maintained a Buy rating (per MT Newswires/MarketScreener headline). [23]
- Wolfe Research lifted its target to $130 from $126 and maintained Outperform (per MT Newswires/MarketScreener headline). [24]
Broader consensus snapshots remain positive too, depending on the dataset used:
- MarketBeat showed a “Moderate Buy” consensus and an average target around $120.54. [25]
What this means for Tuesday: upgrades don’t guarantee a next-day bounce, but they provide a supportive backdrop if macro data lands “risk-on” and the market shrugs off the legal/insider headlines.
The fundamentals investors still like: raised outlook, e-commerce momentum, and holiday signals
To understand why Walmart remains a favored large-cap holding despite today’s dip, it helps to zoom out to the most recent quarter and the holiday season narrative.
Walmart raised forecasts into the holidays
In its latest earnings cycle (reported Nov. 20), Walmart raised its annual outlook again after another strong quarter. Reuters reported that Walmart lifted its net sales growth forecast to 4.8%–5.1% and raised its adjusted EPS outlook to $2.58–$2.63, alongside strong U.S. comp sales and e-commerce growth. [26]
Holiday demand and delivery speed remain key pillars
Walmart’s own holiday update earlier this month emphasized strong sales during the late-November shopping window, highlighting faster delivery and increased store-fulfilled orders compared with last year. [27]
For investors, this matters because Walmart’s bull case increasingly rests on a “flywheel” of:
- store scale + grocery strength
- faster fulfillment
- digital engagement (app, marketplace)
- higher-margin businesses like advertising/automation (even if those are harder to measure quarter-to-quarter)
What to watch before the market opens Tuesday (Dec. 23, 2025)
If you’re looking at Walmart stock “after the bell” and trying to game out what could move it at the next open, Tuesday’s setup is mostly about macro data—and how that data shifts interest rates and consumer sentiment.
1) High-impact U.S. economic data hits before and after the open
A cluster of releases is scheduled for Tuesday, with multiple prints at 8:30 a.m. ET and another major one at 10:00 a.m. ET, including:
- 8:30 a.m. ET — GDP (Q3): expected 3.2% vs. prior 3.8% [28]
- 8:30 a.m. ET — Durable goods (Nov): expected 0.2% vs. prior 0.5% [29]
- 8:30 a.m. ET — Building permits (Nov) [30]
- 8:30 a.m. ET — Core PCE price index (Nov) (Fed’s preferred inflation gauge) [31]
- 10:00 a.m. ET — Consumer confidence (Dec): expected 91.7 vs. prior 88.7 [32]
Why this matters for WMT:
- Walmart can trade like a defensive name when growth scares hit.
- But it can also trade like a premium-consumer compounder when rates rise (because higher yields can compress high P/E multiples).
So the GDP + inflation + confidence combo can matter even when there’s no Walmart-specific corporate news.
2) Holiday week mechanics can amplify moves
Markets are in a holiday-shortened stretch:
- U.S. exchanges are scheduled for an early close on Wednesday, Dec. 24 (1:00 p.m. ET) and are closed Thursday, Dec. 25. [33]
Thin liquidity can make:
- pre-market headlines feel “bigger,” and
- opening moves more prone to reversals.
3) Levels to keep on your radar at the open
Based on Monday’s tape:
- Near-term support: around $112.22 (Monday’s low) [34]
- Near-term resistance: around $114.32 (Monday’s high) [35]
- Bigger reference point:$117.45 (52-week high) [36]
If WMT opens weak but holds above Monday’s low, traders may treat it as “headline digestion.” If it breaks below that low on volume, the market may be repricing legal/insider risk more aggressively.
Bottom line for WMT after-hours (and into Tuesday)
Walmart stock’s post-close action Monday was calm, but the information flow wasn’t: insider filings, a new lawsuit headline, and a fresh round of bullish price-target moves all hit in the same session.
The next clear catalyst isn’t a Walmart earnings report—it’s Tuesday morning’s data wave, which could shift the entire market’s tone and, by extension, investor appetite for premium-valued defensives like Walmart.
References
1. stockanalysis.com, 2. stockanalysis.com, 3. stockanalysis.com, 4. stockanalysis.com, 5. www.investing.com, 6. stockanalysis.com, 7. www.investing.com, 8. www.sec.gov, 9. www.marketscreener.com, 10. news.bloomberglaw.com, 11. www.investing.com, 12. stockanalysis.com, 13. stockanalysis.com, 14. www.reuters.com, 15. www.sec.gov, 16. www.marketbeat.com, 17. www.investing.com, 18. news.bloomberglaw.com, 19. news.bloomberglaw.com, 20. www.reuters.com, 21. www.investing.com, 22. www.investing.com, 23. www.marketscreener.com, 24. www.marketscreener.com, 25. www.marketbeat.com, 26. www.reuters.com, 27. corporate.walmart.com, 28. www.investing.com, 29. www.investing.com, 30. www.investing.com, 31. www.investing.com, 32. www.investing.com, 33. www.nasdaq.com, 34. stockanalysis.com, 35. stockanalysis.com, 36. www.investing.com


