On September 30, 2024, Claudine Adamo, Executive Vice President of Costco Wholesale Corp (COST, Financial), sold 3,200 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 8,629.587 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 a wide variety of products, including groceries, appliances, electronics, and more, at discounted prices to its members.
Over the past year, Claudine Adamo has sold a total of 7,265 shares and has not purchased any shares of the company. 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 $888.99 on the day of the sale. The company has a market cap of approximately $389.3 billion. The price-earnings ratio of the stock is 53.02, which is significantly higher than the industry median of 16.17 and above the historical median for the company.
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 provided by Morningstar analysts.
This insider sell event might be of interest to investors tracking insider behaviors and evaluating the stock’s valuation metrics against its current trading price.
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.
