Costco Wholesale (NASDAQ:COST) Director Kenneth Denman Sells 885 Shares of Stock

25 Jun 2026, 17:08 by Scott Moore · The Cerbat Gem

Costco Wholesale Corporation (NASDAQ:COST – Get Free Report) Director Kenneth Denman sold 885 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock traded down $18.85 during trading hours on Thursday, hitting $942.24. 2,421,922 shares of the company were exchanged, compared to its average volume of 2,175,617. Costco Wholesale Corporation has a 1 year low of $844.06 and a 1 year high of $1,096.50. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average of $997.36 and a 200-day moving average of $970.33. The stock has a market capitalization of $417.86 billion, a price-to-earnings ratio of 47.40, a P/E/G ratio of 4.64 and a beta of 0.88.

Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 earnings per share for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. The firm had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. During the same quarter last year, the business earned $4.28 earnings per share. As a group, analysts expect that Costco Wholesale Corporation will post 20.38 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $1.47 dividend. The ex-dividend date was Friday, May 1st. This is an increase from Costco Wholesale’s previous quarterly dividend of $1.30. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s payout ratio is 29.58%.

Costco Wholesale News Roundup

Here are the key news stories impacting Costco Wholesale this week:

Positive Sentiment: Analysts and commentators remain constructive on Costco’s outlook, citing durable membership economics, digital gains, and global expansion as reasons the stock could outperform. Costco vs. Target: Which Discount Retailer Holds More Promise?
Positive Sentiment: Coverage also suggests Costco may be a defensive winner if the market weakens, with some strategists naming it among stocks that could hold up well in a correction. Costco, Exxon, and 17 More Winners if the Market Drops
Positive Sentiment: Investors are also focused on Costco’s cash generation, with speculation that its growing cash pile could support another special dividend later in 2026. Costco’s Cash Pile Is Building. Is a Special Dividend Coming in the Second Half of 2026?
Positive Sentiment: Recent sales commentary remains strong, with reports highlighting 12% sales growth and 92% membership renewals, reinforcing Costco’s core operating strength. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
Neutral Sentiment: Multiple local and lifestyle stories about new stores and membership deals in Pensacola are mainly promotional and do not materially change the investment outlook. Costco is opening 2 new locations this week. See where
Negative Sentiment: One piece of competitive coverage says Sam’s Club is making a move Costco may not match, which could raise concern that Costco may be less willing to pursue certain growth tactics. Sam’s Club just made a big move Costco won’t consider

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Costco Wholesale during the fourth quarter worth $27,000. Lifetime Wealth Management P.C. purchased a new position in Costco Wholesale during the fourth quarter worth about $28,000. Mcguire Capital Advisors Inc. purchased a new position in Costco Wholesale during the fourth quarter worth about $28,000. Hurley Capital LLC boosted its stake in Costco Wholesale by 120.0% in the 3rd quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after buying an additional 18 shares during the last quarter. Finally, Entrust Financial LLC acquired a new stake in Costco Wholesale in the 4th quarter worth about $31,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Mizuho set a $1,100.00 target price on Costco Wholesale in a research note on Monday, June 1st. HC Wainwright restated a “buy” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Costco Wholesale from $1,104.00 to $1,106.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. BTIG Research reissued a “buy” rating and issued a $1,125.00 price objective on shares of Costco Wholesale in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. increased their price target on shares of Costco Wholesale from $1,060.00 to $1,110.00 and gave the company an “overweight” rating in a research report on Friday, April 17th. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,061.45.

Check Out Our Latest Report on COST

Costco Wholesale Company Profile

(Get Free Report)

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.