Walton family reduce Walmart holdings by more than $1.5 billion
by May 20, 2025 1:57 pm 11,694 views
Jim Walton
The Walton family recently downsized their holdings of Walmart stock inside the Walton Family Holdings Trust and the Walton Family Foundation through multiple equity trades involving 15,407,969 shares of Walmart stock valued at more than $1.519 billion.
The transactions were completed between Feb. 26 and May 16 and were reported to the U.S. Securities and Exchange Commission (SEC) as insider trades. The transactions included $1.417 billion from shares in the Walton Family Foundation and in the Walton Family Holdings Trust, and $102.376 million from holdings in the Alumbra Innovations Foundation and the Builders Initiative Foundation.
The transaction was completed by Jim Walton.Walton, the youngest son of Walmart founders Sam and Helen Walton.
Jim Walton, 76, is the chairman of Arvest Bank Group, which has assets in excess of $26 billion. He resigned from Walmart’s board in 2016, allowing his son Steuart to assume that role.
Collectively, Jim and his siblings, Rob and Alice Walton, own roughly 45% of Walmart’s outstanding shares worth $353.271 billion.
Walmart shares (NYSE: WMT) closed Monday at $98.12, down 12 cents on the day. Over the past 52 weeks, the share price has traded between $64.16 and $105.30. Year-to-date, the stock price is up 8.06%.
Editor’s note: This story has been amended to reflect that the shares sold were from the Walton family and not solely those of Jim Walton.