NEW YORK, December 29, 2025, 17:50 ET — After-hours
- Walmart shares were up 0.7% at $112.53 in after-hours trading.
- A Form 4 filing showed CEO Doug McMillon sold 19,416 shares on Dec. 26 at a weighted-average $111.83.
- The S&P 500 ended down 0.35% as year-end trading thinned, while Walmart outperformed several big-box peers.
Walmart Inc (WMT.N) shares rose 0.7% to $112.53 in after-hours trading on Monday, as investors weighed an insider-sale disclosure and a defensive tilt in late-year positioning.
The filing matters now because markets are moving on lighter volumes into year-end, a period when single-stock headlines can draw outsized attention even if the underlying change is modest.
Walmart also held up better than several retail peers as the broader market slipped. Target fell 1.4% and Costco dropped 0.6%, while Walmart was higher.
A Form 4 — the SEC disclosure used to report insider transactions — showed Chief Executive Doug McMillon sold 19,416 Walmart shares on Dec. 26 at a weighted-average price of $111.8262.
The sale was executed in multiple trades between $111.8111 and $111.855, and the filing said it was carried out under a Rule 10b5-1 plan.
Rule 10b5-1 plans are pre-arranged trading instructions that can let executives buy or sell shares on a set schedule, helping reduce concerns that trades were prompted by nonpublic information.
In Monday’s regular session, Walmart traded between $111.37 and $112.78 after opening at $111.70, with about 12.5 million shares changing hands.
U.S. stocks ended lower, with the Dow down 0.51% and the S&P 500 off 0.35%, Reuters reported. “In light volume trading, we’re seeing a reversal of what we saw over the last couple of days,” said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. Reuters
Amazon, another heavyweight tied to consumer spending and e-commerce, was slightly lower on the day, adding to the mixed tone across retail and online commerce names.
Walmart’s last earnings update in November included a lift to its annual outlook, underlining confidence headed into the holiday period.
Investors’ next read on fundamentals will likely focus on holiday-quarter demand, markdowns and delivery costs, and whether Walmart can keep gaining share without squeezing margins.
Walmart is scheduled to appear at the ICR Conference on Jan. 13 and release fiscal fourth-quarter results on Feb. 19, according to its published events calendar.
