Costco Wholesale (NASDAQ:COST) Shares Unloaded Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently sold shares of Costco Wholesale Co. NASDAQ: COST. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Costco Wholesale stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Costco Wholesale Stock Down 1.7%

Shares of NASDAQ COST opened at $999.03 on Wednesday. Costco Wholesale Co. has a 52 week low of $771.43 and a 52 week high of $1,078.24. The business has a 50-day simple moving average of $957.50 and a two-hundred day simple moving average of $965.16. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. The company has a market cap of $443.25 billion, a P/E ratio of 58.66, a P/E/G ratio of 6.15 and a beta of 1.00.

Costco Wholesale (NASDAQ:COST - Get Free Report) last issued its earnings results on Thursday, March 6th. The retailer reported $4.02 EPS for the quarter, missing the consensus estimate of $4.09 by ($0.07). The company had revenue of $63.72 billion during the quarter, compared to the consensus estimate of $63.02 billion. Costco Wholesale had a return on equity of 32.31% and a net margin of 2.93%. Research analysts anticipate that Costco Wholesale Co. will post 18.03 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, May 2nd will be paid a $1.30 dividend. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $5.20 annualized dividend and a yield of 0.52%. This is an increase from Costco Wholesale's previous quarterly dividend of $1.16. Costco Wholesale's dividend payout ratio (DPR) is currently 30.36%.

Insiders Place Their Bets

In related news, EVP Claudine Adamo sold 900 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $922.56, for a total value of $830,304.00. Following the completion of the sale, the executive vice president now directly owns 6,987 shares of the company's stock, valued at approximately $6,445,926.72. This represents a 11.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP James C. Klauer sold 4,000 shares of the firm's stock in a transaction that occurred on Thursday, April 17th. The stock was sold at an average price of $981.07, for a total transaction of $3,924,280.00. Following the sale, the executive vice president now owns 43,994 shares in the company, valued at approximately $43,161,193.58. The trade was a 8.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,600 shares of company stock worth $9,140,195 over the last quarter. 0.18% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Costco Wholesale

A number of large investors have recently added to or reduced their stakes in the stock. Cromwell Holdings LLC increased its holdings in Costco Wholesale by 0.9% during the fourth quarter. Cromwell Holdings LLC now owns 1,144 shares of the retailer's stock valued at $1,048,000 after buying an additional 10 shares during the last quarter. 44 Wealth Management LLC increased its stake in shares of Costco Wholesale by 0.3% in the 4th quarter. 44 Wealth Management LLC now owns 3,488 shares of the retailer's stock worth $3,196,000 after purchasing an additional 10 shares in the last quarter. SRN Advisors LLC raised its holdings in Costco Wholesale by 0.3% in the 4th quarter. SRN Advisors LLC now owns 3,081 shares of the retailer's stock worth $2,823,000 after purchasing an additional 10 shares during the period. Miramar Capital LLC lifted its position in Costco Wholesale by 1.9% during the fourth quarter. Miramar Capital LLC now owns 525 shares of the retailer's stock valued at $481,000 after purchasing an additional 10 shares in the last quarter. Finally, Clear Investment Research LLC grew its holdings in Costco Wholesale by 22.2% during the fourth quarter. Clear Investment Research LLC now owns 55 shares of the retailer's stock valued at $51,000 after purchasing an additional 10 shares during the period. Institutional investors own 68.48% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on Costco Wholesale from $1,065.00 to $1,070.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. Barclays lifted their price target on Costco Wholesale from $940.00 to $980.00 and gave the company an "equal weight" rating in a research report on Monday, March 10th. DA Davidson lifted their price target on Costco Wholesale from $900.00 to $1,000.00 and gave the company a "neutral" rating in a research report on Thursday, February 6th. Loop Capital dropped their target price on Costco Wholesale from $1,150.00 to $1,045.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Finally, Cowen restated a "buy" rating on shares of Costco Wholesale in a research report on Friday, March 7th. Ten research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,024.03.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Costco Wholesale Company Profile

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.

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