Costco Receives Moderate Buy Consensus and $992 Price Target from 33 Analysts

COSTCOST

Costco has an average “Moderate Buy” recommendation from 33 analysts—19 buy, 13 hold and one sell—with a mean one-year price target of $992.08. EVP Claudine Adamo sold 2,700 shares at $935.68 and insider Tiffany Barbre sold 1,239 shares at $934.62, cutting their holdings by 28.3% and 19.4%, respectively.

1. Strong Analyst Consensus

Costco Wholesale Corporation has earned an average recommendation of “Moderate Buy” from 33 research firms covering the company. Of those, nineteen firms have issued buy ratings, thirteen have maintained hold ratings and one has assigned a sell rating. Over the past twelve months, analysts’ one-year price targets have averaged $992.08, reflecting confidence in Costco’s ability to sustain mid‐single-digit comparable sales growth and membership fee revenue.

2. Insider Sales Activity

Over the past quarter, company insiders have sold a total of 8,946 shares for proceeds totaling approximately $8.18 million. Executive Vice President Claudine Adamo sold 2,700 shares for $2.53 million, reducing her stake by 28.3% to 6,851 shares, while Tiffany Marie Barbre sold 1,239 shares for $1.16 million, a 19.4% ownership reduction to 5,155 shares. Insider ownership now stands at 0.10% of outstanding stock, signaling cautious liquidity moves by senior management.

3. Institutional Investor Positioning

Major institutional holders have modestly increased their stakes in Costco during the second quarter. Vanguard Group added 711,560 shares, a 1.7% gain, bringing its holding to 43.36 million shares worth $42.92 billion. State Street Corporation raised its position by 0.5%, acquiring an additional 90,107 shares for a total of 18.33 million shares valued at $18.14 billion. Geode Capital Management grew its stake by 1.5% with 150,844 more shares, totaling 10.28 million shares valued at $10.12 billion. Invesco expanded by 9.8%, adding 383,887 shares for a 4.29 million-share total. Institutional ownership now represents 68.48% of shares outstanding.

Sources

MFD