Compass Financial Management LLC Buys New Stake in Walmart Inc.

Compass Financial Management LLC has purchased a new stake in shares of Walmart Inc. (NASDAQ:WMT), according to its most recent filing with the Securities and Exchange Commission.

The firm bought 17,336 shares of the retailer's stock during the second quarter, valued at approximately $1,941,000.

This is not an isolated instance; other hedge funds and institutional investors have also modified their holdings in Walmart. Brighton Jones LLC, for example, increased its position by 28.8% during the fourth quarter, while Revolve Wealth Partners LLC raised its stake by 5.8% during the same period.

Analysts continue to project upside for WMT, with consensus price targets of $138.50 and $128.43 well above recent trading levels. Large call-option purchases suggest some traders are positioning for a rebound.