Costco Wholesale Co. (NASDAQ:COST) VP James P. Murphy sold 5,000 shares of the company’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $187.48, for a total transaction of $937,400.00. Following the transaction, the vice president now owns 53,834 shares in the company, valued at $10,092,798.32. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Costco Wholesale Co. (COST) opened at $185.42 on Thursday. Costco Wholesale Co. has a 52-week low of $150.00 and a 52-week high of $195.35. The firm has a market cap of $81,430.00, a P/E ratio of 29.48, a PEG ratio of 3.12 and a beta of 0.98. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.98 and a quick ratio of 0.43.

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

Several equities analysts recently commented on the stock. Oppenheimer upped their price target on shares of Costco Wholesale from $180.00 to $210.00 and gave the company an “outperform” rating in a report on Monday. Tigress Financial reiterated a “buy” rating on shares of Costco Wholesale in a report on Friday, January 5th. Vetr upgraded shares of Costco Wholesale from a “hold” rating to a “buy” rating and set a $200.28 price target on the stock in a report on Thursday, January 4th. Barclays reiterated a “buy” rating and set a $208.00 price target on shares of Costco Wholesale in a report on Tuesday, December 19th. Finally, BMO Capital Markets upgraded shares of Costco Wholesale from a “market perform” rating to an “outperform” rating and upped their price target for the company from $192.73 to $215.00 in a report on Monday, December 18th. Ten research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $188.90.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cadinha & Co. LLC raised its stake in shares of Costco Wholesale by 7.3% during the 2nd quarter. Cadinha & Co. LLC now owns 124,642 shares of the retailer’s stock worth $19,934,000 after acquiring an additional 8,518 shares in the last quarter. Intersect Capital LLC raised its stake in shares of Costco Wholesale by 143.4% during the 2nd quarter. Intersect Capital LLC now owns 5,382 shares of the retailer’s stock worth $861,000 after acquiring an additional 3,171 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in shares of Costco Wholesale during the 2nd quarter worth approximately $1,985,000. State of Wisconsin Investment Board raised its stake in shares of Costco Wholesale by 3.2% during the 3rd quarter. State of Wisconsin Investment Board now owns 511,728 shares of the retailer’s stock worth $84,072,000 after acquiring an additional 16,066 shares in the last quarter. Finally, Evergreen Capital Management LLC bought a new position in shares of Costco Wholesale during the 2nd quarter worth approximately $362,000. Hedge funds and other 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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