GuruFocus - Director Susan Decker sold 620 shares of Costco Wholesale Corp (NASDAQ:COST) (NASDAQ:COST) on August 15, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 11,774.936 shares of the company.
Costco Wholesale Corp operates membership warehouses that offer a selection of branded and private-label products in a range of merchandise categories. The company provides its members with low prices on a limited selection of nationally branded and select private-label products in a wide range of merchandise categories.
Over the past year, Susan Decker has sold a total of 2,062 shares of the company and has not made any purchases. The recent transaction is part of a broader trend seen within the company, where there have been 22 insider sells and no insider buys over the past year.
Shares of Costco Wholesale Corp were trading at $876.5 on the day of the transaction. The company has a market cap of approximately $388.995 billion. The price-earnings ratio of the stock is 54.36, which is significantly higher than the industry median of 16.55.
The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.43, based on a GF Value of $611.04. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale could be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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