Rep. Greg Landsman Sells Costco Wholesale Co. (NASDAQ:COST) Stock

Representative Greg Landsman (D-Ohio) recently sold shares of Costco Wholesale Co. (NASDAQ:COST). In a filing disclosed on April 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Costco Wholesale stock on March 27th. The trade occurred in the Representative’s “ROCKEFELLER CAPITAL MANAGEMENT (2)” account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of CrowdStrike (NASDAQ:CRWD) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Cadence Design Systems (NASDAQ:CDNS) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Simon Property Group (NYSE:SPG) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Visa (NYSE:V) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Cencora (NYSE:COR) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Ameriprise Financial (NYSE:AMP) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 3/27/2025.

Costco Wholesale Price Performance

Shares of NASDAQ COST opened at $965.19 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43. The firm has a market capitalization of $428.24 billion, a PE ratio of 56.68, a P/E/G ratio of 6.15 and a beta of 0.95. Costco Wholesale Co. has a 1-year low of $702.00 and a 1-year high of $1,078.24. The business’s fifty day moving average price is $984.89 and its two-hundred day moving average price is $948.65.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings data on Thursday, March 6th. The retailer reported $4.02 earnings per share for the quarter, missing the consensus estimate of $4.09 by ($0.07). Costco Wholesale had a net margin of 2.93% and a return on equity of 32.31%. The firm had revenue of $63.72 billion during the quarter, compared to the consensus estimate of $63.02 billion. On average, research analysts expect that Costco Wholesale Co. will post 18.03 EPS for the current year.

Costco Wholesale Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Friday, February 7th. Costco Wholesale’s dividend payout ratio (DPR) is 27.09%.

Institutional Investors Weigh In On Costco Wholesale

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank & Trust Co boosted its holdings in Costco Wholesale by 20.4% in the 1st quarter. Bank & Trust Co now owns 65 shares of the retailer’s stock valued at $61,000 after purchasing an additional 11 shares during the period. Capital Asset Advisory Services LLC raised its position in shares of Costco Wholesale by 1.9% during the first quarter. Capital Asset Advisory Services LLC now owns 4,405 shares of the retailer’s stock valued at $4,252,000 after buying an additional 81 shares during the last quarter. McLean Asset Management Corp lifted its stake in shares of Costco Wholesale by 2.1% in the first quarter. McLean Asset Management Corp now owns 936 shares of the retailer’s stock valued at $851,000 after buying an additional 19 shares during the period. ST Germain D J Co. Inc. grew its position in Costco Wholesale by 4.4% during the first quarter. ST Germain D J Co. Inc. now owns 7,673 shares of the retailer’s stock worth $7,257,000 after buying an additional 322 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in Costco Wholesale by 14.6% during the first quarter. Merit Financial Group LLC now owns 21,592 shares of the retailer’s stock valued at $20,421,000 after acquiring an additional 2,750 shares during the period. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on COST shares. Stifel Nicolaus lowered their target price on Costco Wholesale from $1,075.00 to $1,035.00 and set a “buy” rating on the stock in a research report on Thursday, March 20th. Telsey Advisory Group restated an “outperform” rating and set a $1,100.00 price objective on shares of Costco Wholesale in a research note on Friday, April 4th. Barclays increased their target price on shares of Costco Wholesale from $940.00 to $980.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. Cfra Research upgraded shares of Costco Wholesale from a “hold” rating to a “moderate buy” rating in a research report on Friday, April 4th. Finally, UBS Group increased their price objective on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Nine investment analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,025.79.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, EVP Gary Millerchip sold 1,100 shares of the company’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $940.01, for a total value of $1,034,011.00. Following the sale, the executive vice president now directly owns 11,165 shares in the company, valued at $10,495,211.65. This represents a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Claudine Adamo sold 900 shares of Costco Wholesale stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $922.56, for a total transaction of $830,304.00. Following the transaction, the executive vice president now directly owns 6,987 shares of the company’s stock, valued at $6,445,926.72. This represents a 11.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,600 shares of company stock valued at $5,215,915 in the last quarter. Corporate insiders own 0.18% of the company’s stock.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio’s 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio’s 1st Congressional District. He declared candidacy for the 2026 election.

Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor’s Office of Faith-Based and Community Initiatives.

Costco Wholesale Company Profile

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.