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 $1,034,007 were sold by MILLERCHIP GARY on Mar 27 ’25. At $940.01 per share, MILLERCHIP GARY sold 1,100 shares. The insider’s holdings dropped to 11,165 shares worth approximately $10.48 million following the completion of this transaction.
Also, MILLERCHIP GARY purchased 1,100 shares, netting a total of over 1,034,007 in proceeds.
Before that, Adamo Claudine had sold 900 shares from its account. In a trade valued at $830,304, the Executive Vice President traded Costco Wholesale Corp shares for $922.56 each. Upon closing the transaction, the insider’s holdings decreased to 900 shares, worth approximately $6.56 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 4.84%. Over the course of the year, Costco Wholesale Corp shares have jumped approximately 2.45%. 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 $984.92, while a 200-day SMA reached $917.55.
Support And Resistance Levels for Costco Wholesale Corp (COST)
According to the 24-hour chart, there is a support level at 930.20, which, if violated, would cause prices to drop to 921.65. In the upper region, resistance lies at 945.10. The next price resistance is at 951.45. RSI (Relative Strength Index) is 45.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 16.16, which suggests the price will increase in the coming days. Percent R is at 26.77%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
