Oxler Private Wealth LLC Buys 14 Shares of Costco Wholesale Co. (NASDAQ:COST)

Oxler Private Wealth LLC increased its stake in shares of Costco Wholesale Co. (NASDAQ:COST) by 0.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,733 shares of the retailer’s stock after purchasing an additional 14 shares during the quarter. Costco Wholesale accounts for 1.2% of Oxler Private Wealth LLC’s holdings, making the stock its 22nd biggest holding. Oxler Private Wealth LLC’s holdings in Costco Wholesale were worth $3,310,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Raleigh Capital Management Inc. boosted its holdings in Costco Wholesale by 2,725.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 113 shares of the retailer’s stock valued at $74,000 after acquiring an additional 109 shares during the period. Beacon Financial Group increased its position in Costco Wholesale by 37.5% during the 4th quarter. Beacon Financial Group now owns 759 shares of the retailer’s stock valued at $501,000 after buying an additional 207 shares in the last quarter. Scarborough Advisors LLC increased its holdings in shares of Costco Wholesale by 13.8% in the fourth quarter. Scarborough Advisors LLC now owns 561 shares of the retailer’s stock valued at $370,000 after purchasing an additional 68 shares during the period. A.P. Gilfoyle & Co. L.P. acquired a new position in shares of Costco Wholesale in the fourth quarter valued at about $132,000. Finally, Vima LLC acquired a new position in shares of Costco Wholesale in the fourth quarter valued at about $347,000. Institutional investors own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. The Goldman Sachs Group upped their target price on Costco Wholesale from $876.00 to $995.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Wells Fargo & Company upped their target price on Costco Wholesale from $800.00 to $850.00 and gave the stock an “equal weight” rating in a research note on Friday, September 27th. Stifel Nicolaus increased their price target on Costco Wholesale from $925.00 to $935.00 and gave the stock a “buy” rating in a research report on Thursday. StockNews.com downgraded Costco Wholesale from a “buy” rating to a “hold” rating in a research report on Friday, September 27th. Finally, Barclays increased their price target on Costco Wholesale from $830.00 to $850.00 and gave the stock an “equal weight” rating in a research report on Friday, September 27th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $886.74.

Costco Wholesale Stock Up 0.1 %

Shares of COST traded up $1.32 during midday trading on Monday, reaching $890.35. The stock had a trading volume of 191,094 shares, compared to its average volume of 1,947,564. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.44. Costco Wholesale Co. has a 1-year low of $540.23 and a 1-year high of $923.83. The company has a market cap of $394.72 billion, a price-to-earnings ratio of 55.17, a PEG ratio of 5.53 and a beta of 0.80. The company’s fifty day simple moving average is $882.80 and its two-hundred day simple moving average is $828.01.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, September 26th. The retailer reported $5.15 earnings per share for the quarter, topping analysts’ consensus estimates of $5.05 by $0.10. The company had revenue of $79.70 billion for the quarter, compared to analysts’ expectations of $79.91 billion. Costco Wholesale had a net margin of 2.90% and a return on equity of 31.05%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the company earned $4.86 earnings per share. Equities research analysts expect that Costco Wholesale Co. will post 17.73 earnings per share for the current year.

Insider Buying and Selling at Costco Wholesale

In other news, EVP Richard A. Galanti sold 500 shares of the firm’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $874.05, for a total value of $437,025.00. Following the completion of the sale, the executive vice president now owns 22,900 shares in the company, valued at approximately $20,015,745. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Claudine Adamo sold 3,200 shares of the firm’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $888.99, for a total value of $2,844,768.00. Following the completion of the sale, the executive vice president now owns 8,630 shares in the company, valued at $7,671,983.70. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Richard A. Galanti sold 500 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $874.05, for a total transaction of $437,025.00. Following the completion of the transaction, the executive vice president now directly owns 22,900 shares of the company’s stock, valued at approximately $20,015,745. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,824 shares of company stock worth $4,260,493. 0.18% of the stock is owned by company insiders.

Costco Wholesale 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.