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LM Advisors Takes $5.4M Stake in Walmart Amid Recent Analyst Upgrades

Guavy AI Editorial Team
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WMT
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Louisville-based investment firm LM Advisors LLC has bought nearly 48,000 shares of Walmart Inc. (NASDAQ:WMT) worth approximately $5.4 million during the second quarter, according to a recent SEC filing.

This purchase represents about 0.6% of LM Advisors' total holdings and makes WMT its 29th largest position.

The company's investment in Walmart follows similar purchases by other institutional investors such as Berry Wealth Group LP, Haverford Trust Co., Clear Harbor Asset Management LLC, Davis Asset Management L.P., and First Nebraska Trust Co.

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