The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Costco Wholesale Corp shares valued at $765,213 were sold by Frates Caton on Mar 18 ’25. At $900.25 per share, Frates Caton sold 850 shares. The insider’s holdings dropped to 7,876 shares worth approximately $7.05 million following the completion of this transaction.
Also, Frates Caton purchased 850 shares, netting a total of over 765,213 in proceeds.
Before that, Vachris Roland Michael had sold 3,600 shares from its account. In a trade valued at $3,351,600, the President and CEO traded Costco Wholesale Corp shares for $931.00 each. Upon closing the transaction, the insider’s holdings decreased to 3,600 shares, worth approximately $36.78 million.
As published in a research note from Telsey Advisory Group on December 05, 2024, Costco Wholesale Corp [COST] has been retained to an Outperform and the price target has been revised to $1050. Analysts at Bernstein started covering the stock with ‘”an Outperform”‘ outlook in a report released in late October. As of October 10, 2024, Oppenheimer has reiterated its “an Outperform” rating for COST. Earlier on September 27, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for COST stock.
Analyzing COST Stock Performance
During the last five days, there has been a surge of approximately 0.54%. Over the course of the year, Costco Wholesale Corp shares have dropped approximately -2.28%. Shares of the company reached a 52-week high of $1,078.23 on 02/13/25 and a 52-week low of $881.56 on 03/14/25. A 50-day SMA is recorded $984.79, while a 200-day SMA reached $915.21.
Support And Resistance Levels for Costco Wholesale Corp (COST)
According to the 24-hour chart, there is a support level at 890.51, which, if violated, would cause prices to drop to 885.61. In the upper region, resistance lies at 903.89. The next price resistance is at 912.37. RSI (Relative Strength Index) is 31.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -52.48, which suggests the price will decrease in the coming days. Percent R is at 92.50%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
