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Rep. Jonathan L. Jackson Buys Walmart Inc. (NASDAQ:WMT) Stock
Rep. Jonathan L. Jackson (Democrat-Illinois) recently purchased between $50,001 and $100,000 in Walmart (WMT) stock on January 13th, as disclosed in a February 23rd filing. This comes amidst Walmart’s strong financial performance, including beating EPS and revenue estimates, setting positive FY27 guidance, a substantial share repurchase program, and a dividend increase. Despite these positives, there has been significant insider selling by senior executives, which could impact short-term sentiment.