Stocks
Oppenheimer & Co. Inc. Boosts Stake in Walmart by 4.9% During Q2
Oppenheimer & Co. Inc., an institutional investor, increased its stake in Walmart Inc. (NASDAQ:WMT) by 4.9% during the second quarter, according to a recent filing with the Securities & Exchange Commission.
The firm acquired an additional 22,912 shares of Walmart's stock, bringing its total holdings to 486,171 shares worth $55,064,000 as of its most recent filing.
This is just one example of Oppenheimer & Co. Inc.'s growing interest in Walmart, but it is not the only institution showing confidence in the retail giant.