Costco Wholesale (NASDAQ:COST) Stock Unloaded Rep. Jefferson Shreve

16 Apr 2025, 00:10 by Danessa Lincoln · The Markets Daily

Representative Jefferson Shreve (R-Indiana) recently sold shares of Costco Wholesale Co. (NASDAQ:COST). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Costco Wholesale stock on March 31st. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Costco Wholesale Trading Down 0.2 %

COST traded down $2.40 during trading on Tuesday, hitting $976.92. 1,784,307 shares of the company’s stock were exchanged, compared to its average volume of 2,006,347. The stock has a 50 day moving average price of $981.61 and a 200 day moving average price of $950.46. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. Costco Wholesale Co. has a 1 year low of $702.00 and a 1 year high of $1,078.24. The firm has a market cap of $433.44 billion, a P/E ratio of 57.36, a price-to-earnings-growth ratio of 6.15 and a beta of 0.95.

Costco Wholesale (NASDAQ:COST – Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The retailer reported $4.02 earnings per share for the quarter, missing analysts’ consensus estimates of $4.09 by ($0.07). Costco Wholesale had a net margin of 2.93% and a return on equity of 32.31%. The firm had revenue of $63.72 billion for the quarter, compared to analyst estimates of $63.02 billion. As a group, analysts expect that Costco Wholesale Co. will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a dividend of $1.16 per share. The ex-dividend date was Friday, February 7th. This represents a $4.64 annualized dividend and a dividend yield of 0.47%. Costco Wholesale’s payout ratio is currently 27.09%.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 900 shares of Costco Wholesale stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $922.56, for a total value of $830,304.00. Following the transaction, the executive vice president now directly owns 6,987 shares of the company’s stock, valued at $6,445,926.72. The trade was a 11.41 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Roland Michael Vachris sold 3,600 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $931.00, for a total transaction of $3,351,600.00. Following the completion of the sale, the chief executive officer now owns 41,077 shares in the company, valued at approximately $38,242,687. The trade was a 8.06 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,600 shares of company stock valued at $5,215,915. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Citigroup upped their price objective on Costco Wholesale from $800.00 to $1,060.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Evercore ISI increased their price objective on shares of Costco Wholesale from $1,050.00 to $1,070.00 and gave the stock an “outperform” rating in a report on Tuesday, March 11th. Stifel Nicolaus reduced their target price on shares of Costco Wholesale from $1,075.00 to $1,035.00 and set a “buy” rating for the company in a research note on Thursday, March 20th. Mizuho started coverage on shares of Costco Wholesale in a research note on Friday. They issued a “neutral” rating and a $975.00 price target on the stock. Finally, Barclays boosted their price objective on Costco Wholesale from $940.00 to $980.00 and gave the stock an “equal weight” rating in a research report on Monday, March 10th. Ten research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,024.03.

Get Our Latest Stock Report on COST

Institutional Trading of Costco Wholesale

Large investors have recently added to or reduced their stakes in the company. Morse Asset Management Inc raised its holdings in shares of Costco Wholesale by 20.1% during the third quarter. Morse Asset Management Inc now owns 7,481 shares of the retailer’s stock worth $6,632,000 after acquiring an additional 1,254 shares in the last quarter. Anchor Investment Management LLC raised its stake in shares of Costco Wholesale by 2.0% during the 3rd quarter. Anchor Investment Management LLC now owns 7,996 shares of the retailer’s stock worth $7,088,000 after purchasing an additional 157 shares in the last quarter. Fulcrum Equity Management lifted its holdings in shares of Costco Wholesale by 76.8% during the 3rd quarter. Fulcrum Equity Management now owns 633 shares of the retailer’s stock valued at $561,000 after buying an additional 275 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of Costco Wholesale in the 3rd quarter valued at approximately $216,000. Finally, Sculati Wealth Management LLC increased its holdings in Costco Wholesale by 0.3% in the third quarter. Sculati Wealth Management LLC now owns 3,649 shares of the retailer’s stock worth $3,235,000 after buying an additional 11 shares during the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Costco Wholesale Company Profile

(Get Free Report)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.