Costco Wholesale Corporation (NASDAQ:COST) gets downgraded to Market Perform by Wells Fargo & Co with a price target of $235.00

ME Staff
-
0

Analyst Ratings For Costco Wholesale Corporation (NASDAQ:COST)

Today, Costco Wholesale Corporation (NASDAQ:COST) stock was downgraded by Wells Fargo & Co from Outperform to Market Perform with a price target of $235.00.

There are 19 Buy Ratings, 7 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Costco Wholesale Corporation (NASDAQ:COST) is Buy with a consensus target price of $223.0952 per share, a potential 7.53% downside.

Some recent analyst ratings include

  • 9/14/2018-Costco Wholesale Corporation (NASDAQ:COST) gets downgraded to Market Perform by Wells Fargo & Co with a price target of $235.00

Recent Insider Trading Activity For Costco Wholesale Corporation (NASDAQ:COST)
Costco Wholesale Corporation (NASDAQ:COST) has insider ownership of 0.74% and institutional ownership of 71.49%.

  • On 9/4/2018 John W Meisenbach, Director, sold 3,000 with an average share price of $233.14 per share and the total transaction amounting to $699,420.00.
  • On 8/1/2018 John W Meisenbach, Director, sold 3,000 with an average share price of $218.65 per share and the total transaction amounting to $655,950.00.
  • On 7/23/2018 James P Murphy, VP, sold 15,000 with an average share price of $219.22 per share and the total transaction amounting to $3,288,300.00.
  • On 7/2/2018 John W Meisenbach, Director, sold 3,000 with an average share price of $208.42 per share and the total transaction amounting to $625,260.00.
  • On 6/18/2018 Paul G Moulton, VP, sold 5,585 with an average share price of $206.83 per share and the total transaction amounting to $1,155,145.55.
  • On 6/15/2018 Richard A Galanti, VP, sold 2,406 with an average share price of $207.11 per share and the total transaction amounting to $498,306.66.
  • On 6/13/2018 Daniel M Hines, Insider, sold 7,000 with an average share price of $204.67 per share and the total transaction amounting to $1,432,690.00.

About Costco Wholesale Corporation (NASDAQ:COST)
Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, deli, and produces; and apparel and small appliances. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and engages in the travel business. In addition, the company provides gold star individual and business membership services. As of September 3, 2017, it operated 741 membership warehouses, including 514 warehouses in the United States, Washington, District of Columbia, and Puerto Rico, 97 in Canada, 37 in Mexico, 28 in the United Kingdom, 26 in Japan, 13 in Korea, 13 in Taiwan, 9 in Australia, 2 in Spain, 1 in Iceland, and 1 in France. Further, the company sells its products through online. The company was formerly known as Costco Companies, Inc. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

Recent Trading Activity for Costco Wholesale Corporation (NASDAQ:COST)
Shares of Costco Wholesale Corporation closed the previous trading session at 241.27 −1.17 0.48% with 242.5 shares trading hands.