Costco Wholesale (NASDAQ:COST) Shares Sold Off by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of Costco Wholesale Corporation (NASDAQ:COST). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $100,001 and $250,000 in Costco Wholesale stock on October 13th. The trade occurred in the Representative’s “ET INVEST” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Costco Wholesale Stock Performance

COST opened at $996.08 on Friday. The business’s 50 day moving average is $941.73 and its 200-day moving average is $969.91. The stock has a market cap of $441.39 billion, a PE ratio of 48.06, a price-to-earnings-growth ratio of 4.20 and a beta of 0.88. The company has a current ratio of 1.06, a quick ratio of 0.62 and a debt-to-equity ratio of 0.11. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50.

Costco Wholesale (NASDAQ:COST) last announced its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $0.21. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. The company had revenue of $95.72 billion for the quarter, compared to the consensus estimate of $94.97 billion. During the same period in the previous year, the business earned $5.87 EPS. The company’s revenue was up 11.1% on a year-over-year basis. On average, analysts predict that Costco Wholesale Corporation will post 22.70 earnings per share for the current year.

Costco Wholesale Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a dividend of $1.47 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $5.88 annualized dividend and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio is 28.32%.

Insiders Place Their Bets

In related news, EVP William Richard Wilcox sold 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $958.21, for a total transaction of $1,054,031.00. Following the transaction, the executive vice president owned 3,094 shares in the company, valued at $2,964,701.74. This trade represents a 26.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Claudine Adamo sold 2,200 shares of Costco Wholesale stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $915.93, for a total transaction of $2,015,046.00. Following the completion of the sale, the executive vice president directly owned 7,134 shares in the company, valued at approximately $6,534,244.62. The trade was a 23.57% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of COST. State Street Corp raised its stake in shares of Costco Wholesale by 31.7% during the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock valued at $22,359,224,000 after buying an additional 5,749,362 shares during the last quarter. Bank of America Corp DE lifted its position in Costco Wholesale by 11.5% during the first quarter. Bank of America Corp DE now owns 7,515,031 shares of the retailer’s stock worth $7,488,203,000 after buying an additional 773,651 shares in the last quarter. Diamant Asset Management Inc. grew its position in Costco Wholesale by 99,278.0% in the first quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock worth $672,690,000 after acquiring an additional 6,720,130 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Costco Wholesale by 5.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,068,312 shares of the retailer’s stock valued at $2,870,314,000 after acquiring an additional 160,893 shares during the period. Finally, Amundi raised its holdings in shares of Costco Wholesale by 11.1% in the 1st quarter. Amundi now owns 2,839,016 shares of the retailer’s stock valued at $2,828,881,000 after buying an additional 283,360 shares during the period. Institutional investors and hedge funds own 68.48% of the company’s stock.

More Costco Wholesale News

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Costco’s shares increased as the Federal Trade Commission opened a pricing probe into rivals Walmart and Target. The investigation could highlight Costco’s value proposition and competitive positioning, although it does not directly involve Costco. Costco Stock Ticks Up as the FTC Launches Pricing Probe into Rivals
• Positive Sentiment: Recent coverage points to Costco attracting younger shoppers, including consumers under 40 who use mobile and artificial-intelligence tools while retaining interest in the company’s “treasure hunt” shopping experience. This suggests Costco’s brand and digital engagement remain relevant to future members. The New Costco Shopper Is Under 40
• Positive Sentiment: Analysts continue to cite Costco’s competitive advantages, including strong member loyalty, high renewal rates and the recurring revenue generated by memberships. CICC also initiated coverage with an Outperform rating, adding to the positive analyst sentiment. Costco Stock’s Long-Term Upside Could Come From These Competitive Advantages
• Positive Sentiment: Costco expanded real-time health-benefit redemptions to more than 600 U.S. warehouses through NationsBenefits. The initiative could improve convenience, support store traffic and create longer-term opportunities in healthcare-related services. Costco Brings Real-Time Health Benefit Checkouts to More Than 600 Stores
• Neutral Sentiment: Costco opened a location in Western New York, providing incremental warehouse expansion and potential membership growth, though the financial impact is likely limited in the near term. Costco Opens Its Doors in Western New York
• Negative Sentiment: Costco’s valuation remains a concern: its premium price-to-earnings multiple leaves less room for execution mistakes and may limit upside if growth slows. Costco’s Valuation Remains a Head Scratcher
• Negative Sentiment: Complaints about Costco’s food-court experience represent a minor customer-satisfaction risk, though the issue is unlikely to materially affect the investment thesis by itself. Costco Faces Major Food Court Complaints

Wall Street Analyst Weigh In

COST has been the topic of several recent analyst reports. Oppenheimer restated an “outperform” rating and issued a $1,160.00 target price on shares of Costco Wholesale in a research note on Wednesday, September 16th. Jefferies Financial Group decreased their price objective on Costco Wholesale from $1,130.00 to $1,100.00 in a research report on Friday, September 25th. Weiss Ratings raised Costco Wholesale from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Roth Capital reiterated a “sell” rating and issued a $781.00 price target on shares of Costco Wholesale in a research note on Friday, September 25th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Costco Wholesale from $1,100.00 to $1,015.00 and set an “overweight” rating on the stock in a research report on Friday, September 25th. Twenty-five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Costco Wholesale has an average rating of “Moderate Buy” and an average target price of $1,086.19.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

Costco Wholesale Company Profile

Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells merchandise in bulk and at competitive prices through warehouse clubs and e-commerce platforms, serving individual consumers, businesses and other organizations.

Its product selection includes groceries and fresh foods, household supplies, appliances, electronics, furniture, apparel, health and beauty products, jewelry, automotive products and prescription drugs. Costco also provides services such as optical care, pharmacy services, hearing-aid sales, travel offerings and fuel sales, depending on location.

The company traces its roots to Price Club, which opened in San Diego in 1976.