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Nova R Wealth Inc. Buys 16,360 Shares of Walmart Inc. $WMT
Nova R Wealth Inc. significantly increased its stake in Walmart Inc. during the fourth quarter, adding 16,360 shares to hold a total of 20,514 shares valued at $2.29 million. Despite recent insider selling by top executives, analysts maintain a “Moderate Buy” rating for Walmart, with a consensus price target of $135.76. The company reported a slight earnings beat and revenue growth, and continues to attract institutional investment.