Procyon Advisors LLC Has $6.96 Million Stake in Costco Wholesale Corporation $COST

Procyon Advisors LLC lowered its stake in Costco Wholesale Corporation (NASDAQ:COST) by 14.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,521 shares of the retailer’s stock after selling 1,308 shares during the period. Procyon Advisors LLC’s holdings in Costco Wholesale were worth $6,962,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Costco Wholesale in the 2nd quarter valued at $5,692,035,000. Kingstone Capital Partners Texas LLC boosted its holdings in Costco Wholesale by 418,980.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 2,359,422 shares of the retailer’s stock valued at $2,335,686,000 after acquiring an additional 2,358,859 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in Costco Wholesale by 96,316.6% in the second quarter. Laurel Wealth Advisors LLC now owns 1,378,758 shares of the retailer’s stock valued at $1,364,888,000 after acquiring an additional 1,377,328 shares during the last quarter. Vanguard Group Inc. increased its position in Costco Wholesale by 1.7% in the second quarter. Vanguard Group Inc. now owns 43,356,271 shares of the retailer’s stock worth $42,920,107,000 after purchasing an additional 711,560 shares during the period. Finally, Invesco Ltd. raised its holdings in Costco Wholesale by 9.8% during the 2nd quarter. Invesco Ltd. now owns 4,291,557 shares of the retailer’s stock worth $4,248,384,000 after purchasing an additional 383,887 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Insider Transactions at Costco Wholesale

In related news, EVP William Richard Wilcox sold 2,400 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $930.13, for a total value of $2,232,312.00. Following the completion of the transaction, the executive vice president directly owned 2,000 shares in the company, valued at approximately $1,860,260. The trade was a 54.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Claudine Adamo sold 2,700 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $935.68, for a total transaction of $2,526,336.00. Following the sale, the executive vice president owned 6,851 shares in the company, valued at $6,410,343.68. This trade represents a 28.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 10,446 shares of company stock valued at $9,549,528. Insiders own 0.10% of the company’s stock.

Costco Wholesale Trading Up 1.0%

COST opened at $950.98 on Thursday. The firm’s fifty day moving average is $893.22 and its two-hundred day moving average is $930.64. The firm has a market cap of $422.11 billion, a PE ratio of 50.94, a price-to-earnings-growth ratio of 5.64 and a beta of 1.02. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,078.23. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, December 11th. The retailer reported $4.34 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. The business had revenue of $67.31 billion during the quarter, compared to analysts’ expectations of $67.03 billion. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.04 EPS. Equities research analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current year.

Key Headlines Impacting Costco Wholesale

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

• Positive Sentiment: Shares are in a technical breakout after a strong start to the year, attracting momentum-buying and questions about whether there’s still time to buy. Costco Finally Breaks Out: Is There Still Time to Buy?
• Positive Sentiment: ETF/strategist commentary highlights Costco as a beneficiary in a split consumer spending environment, which supports demand for defensive, low-price retailers. The K-Shaped Economy Isn’t Dead—And ETFs Are Picking Sides
• Positive Sentiment: Management is expanding footprint with plans to open six new warehouses across three states, supporting longer-term sales growth and member acquisition. The Costco Craze Continues: 6 New Warehouses Opening Across 3 States
• Neutral Sentiment: Several reports note executives sold stock to start the year but also point to strong December sales — a mixed signal that can pressure sentiment even if top-line trends remain healthy. Several Executives Sell Costco Stock (COST) to Start the New Year
• Neutral Sentiment: Positive long-term narratives and dividend/compound-return case studies continue to circulate (articles asking whether Costco can make you a millionaire), supporting buy-and-hold interest rather than near-term trading. Could Costco Help You Become a Millionaire Over the Long Term?
• Neutral Sentiment: Partnership/product placements (e.g., Quicklly launch) and consumer buzz (best items lists) sustain brand strength but have limited immediate impact on the stock. Quicklly Achieves a Major Nationwide Milestone with Landmark Costco and ALDI launch
• Negative Sentiment: Individual insider sales reported (e.g., Rep. Gilbert Ray Cisneros Jr.) can spook some investors and are being tracked as potential bearish signals. Costco Wholesale (NASDAQ:COST) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.
• Negative Sentiment: Another reported insider sale (Russell Miller) adds to the perception of executive liquidity-taking, which can weigh on sentiment despite solid revenue trends. Russell Miller Sells 1,500 Shares of Costco Wholesale (NASDAQ:COST) Stock

Wall Street Analyst Weigh In

Several brokerages have recently commented on COST. Sanford C. Bernstein lifted their price target on shares of Costco Wholesale from $1,134.00 to $1,146.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Raymond James Financial lowered their target price on shares of Costco Wholesale from $1,070.00 to $1,000.00 and set an “outperform” rating for the company in a report on Friday, December 12th. UBS Group reiterated a “buy” rating on shares of Costco Wholesale in a research report on Friday, December 12th. Citigroup reduced their price target on Costco Wholesale from $1,065.00 to $990.00 and set a “neutral” rating on the stock in a research report on Monday, September 29th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Costco Wholesale in a research note on Friday, December 12th. Twenty-one analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $996.00.

Costco Wholesale Profile

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.