On September 30, 2024, Patrick Callans, Executive Vice President of Costco Wholesale Corp (COST, Financial), executed a sale of 2,500 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 65,663.537 shares of Costco Wholesale Corp.
Costco Wholesale Corp operates membership warehouses that offer a selection of branded and private-label products in a range of merchandise categories. The company provides its members with low prices on a limited selection of nationally branded and select private-label products in a wide range of merchandise categories.
Over the past year, Patrick Callans has sold a total of 7,500 shares of Costco Wholesale Corp and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 26 insider sells and no insider buys over the past year.
Shares of Costco Wholesale Corp were trading at $893.94 on the day of the sale. The company has a market cap of approximately $389.30 billion. The price-earnings ratio of the stock stands at 53.02, which is significantly higher than the industry median of 16.17 and above the company's historical median.
The stock is currently considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.43. The GF Value of $623.47 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors and evaluating the stock's valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow. These indicators provide insights into how the stock is priced relative to its earnings, book value, sales, and free cash flow, respectively.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
