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Legacy Private Trust trims Walmart shares by 4% amid mixed analyst views and insider sales.

Market News
23 Mar 2026
Defense World
View Source
Bullish
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Legacy Private Trust Co. reduced its Walmart stock holdings by 4% in Q4, selling 4,702 shares worth about $12.6 million. Despite this, Walmart remains a significant part of their portfolio. The company recently reported better-than-expected earnings and raised its guidance for FY 2027. However, insider selling by top executives and mixed analyst ratings create some uncertainty. Walmart's ongoing investments in AI and its defensive retail position support a positive long-term outlook, with a consensus target price around $135.76.

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