Accurate Wealth Management LLC Buys 42 Shares of Costco Wholesale Co. (NASDAQ:COST)

Accurate Wealth Management LLC increased its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,123 shares of the retailer’s stock after purchasing an additional 42 shares during the quarter. Accurate Wealth Management LLC’s holdings in Costco Wholesale were worth $1,052,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of COST. RPg Family Wealth Advisory LLC acquired a new stake in shares of Costco Wholesale during the 3rd quarter worth approximately $29,000. Fairway Wealth LLC raised its position in Costco Wholesale by 230.0% during the second quarter. Fairway Wealth LLC now owns 66 shares of the retailer’s stock valued at $56,000 after purchasing an additional 46 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Costco Wholesale during the third quarter worth $58,000. Christopher J. Hasenberg Inc boosted its holdings in shares of Costco Wholesale by 329.4% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 73 shares of the retailer’s stock valued at $65,000 after purchasing an additional 56 shares in the last quarter. Finally, VitalStone Financial LLC bought a new position in shares of Costco Wholesale in the 3rd quarter valued at $71,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on COST. DA Davidson upped their price objective on Costco Wholesale from $880.00 to $900.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. Wells Fargo & Company increased their target price on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a report on Friday, December 13th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $1,100.00 price target on shares of Costco Wholesale in a report on Thursday, January 9th. Sanford C. Bernstein started coverage on shares of Costco Wholesale in a research note on Tuesday, October 22nd. They issued an “outperform” rating and a $1,016.00 price objective for the company. Finally, Morgan Stanley raised their target price on shares of Costco Wholesale from $950.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Nine equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,013.59.

Insider Transactions at Costco Wholesale

In related news, EVP Richard A. Galanti sold 1,416 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $894.68, for a total transaction of $1,266,866.88. Following the transaction, the executive vice president now directly owns 27,400 shares of the company’s stock, valued at approximately $24,514,232. This represents a 4.91 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.18% of the company’s stock.

Costco Wholesale Trading Down 0.8 %

NASDAQ:COST opened at $917.23 on Wednesday. Costco Wholesale Co. has a 12 month low of $675.96 and a 12 month high of $1,008.25. The company has a current ratio of 0.97, a quick ratio of 0.44 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $407.16 billion, a price-to-earnings ratio of 53.86, a PEG ratio of 6.02 and a beta of 0.84. The firm has a fifty day simple moving average of $949.23 and a two-hundred day simple moving average of $900.20.

About Costco Wholesale

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.