Stocks
Walmart Sees $4.7M Investment Boost from Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD, an investment firm, has purchased a new stake in Walmart Inc. (NASDAQ:WMT) worth approximately $4.7 million.
The firm acquired 41,481 shares of Walmart's stock during the second quarter, according to its most recent filing with the Securities and Exchange Commission.
This is not an isolated instance; several other large investors have also recently added to or reduced their stakes in Walmart. The company has a market capitalization of $841.37 billion, a price-to-earnings ratio of 38.29, and a beta of 0.59.