Costco Wholesale Co. (NASDAQ:COST) insider Daniel M. Hines sold 5,000 shares of Costco Wholesale stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $188.62, for a total transaction of $943,100.00. Following the completion of the sale, the insider now owns 30,853 shares of the company’s stock, valued at $5,819,492.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Costco Wholesale Co. (COST) traded down $1.96 on Tuesday, reaching $186.52. 1,576,123 shares of the company’s stock traded hands, compared to its average volume of 3,110,000. Costco Wholesale Co. has a 1-year low of $150.00 and a 1-year high of $195.35. The firm has a market capitalization of $81,950.00, a P/E ratio of 29.65, a P/E/G ratio of 3.12 and a beta of 0.98. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.57.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Thursday, December 14th. The retailer reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.01. The company had revenue of $31.81 billion during the quarter, compared to the consensus estimate of $31.01 billion. Costco Wholesale had a net margin of 2.09% and a return on equity of 23.39%. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.24 earnings per share. equities analysts expect that Costco Wholesale Co. will post 6.59 earnings per share for the current year.

A number of equities research analysts have recently weighed in on the stock. Oppenheimer lifted their price target on shares of Costco Wholesale from $180.00 to $210.00 and gave the company an “outperform” rating in a research report on Monday. Vetr downgraded shares of Costco Wholesale from a “strong-buy” rating to a “buy” rating and set a $183.04 price target for the company. in a research report on Wednesday, September 27th. Susquehanna Bancshares lifted their price target on shares of Costco Wholesale from $205.00 to $215.00 and gave the company a “positive” rating in a research report on Friday, December 15th. Barclays reiterated a “buy” rating and issued a $208.00 price target on shares of Costco Wholesale in a research report on Tuesday, December 19th. Finally, Zacks Investment Research downgraded shares of Costco Wholesale from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. Ten equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $188.90.

Several large investors have recently made changes to their positions in COST. Almanack Investment Partners LLC. acquired a new position in shares of Costco Wholesale during the second quarter worth $101,000. Wealthcare Advisory Partners LLC acquired a new position in shares of Costco Wholesale during the third quarter worth $102,000. Jacobus Wealth Management Inc. acquired a new position in shares of Costco Wholesale during the third quarter worth $103,000. Northwest Investment Counselors LLC acquired a new position in shares of Costco Wholesale during the second quarter worth $107,000. Finally, Shamrock Asset Management LLC increased its holdings in shares of Costco Wholesale by 171.3% during the third quarter. Shamrock Asset Management LLC now owns 662 shares of the retailer’s stock worth $109,000 after buying an additional 418 shares in the last quarter. Institutional investors own 70.91% of the company’s stock.

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Costco Wholesale Company Profile

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world.

Insider Buying and Selling by Quarter for Costco Wholesale (NASDAQ:COST)

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