Costco Wholesale (COST) EVP Richard Sells $1.1M of Stock
Executive Vice President Wilcox Richard sold 1,100 shares of Costco for about $1.05 million on October 13, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Wilcox William Richard, Executive Vice President at Costco Wholesale Corporation ($COST), sold 1,100 shares at an average price of $958.21, worth about $1.05 million, on October 13, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $COST is up 3.6% to date (from the $954.63 close on Oct 13, 2026).
COST
Costco Wholesale Corporation
Key Points
- Wilcox Richard sold 1,100 shares of Costco for roughly $1.05 million on October 13, 2026, at a price of $958.21 each.
- Shares of Costco are currently trading around $992.64, close to their 52-week high of $1,096.50, indicating a strong market position.
- Analysts have a consensus 'buy' recommendation on Costco, with an average target price of $1,066.06 from 36 opinions.
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Executive Vice President Wilcox William Richard sold 1,100 shares of Costco Wholesale Corporation (COST) on October 13, 2026, valued at about $1.05 million. The shares were sold at an average price of $958.21.
Inside Wilcox's Trade
This sale marks a planned move by Wilcox, who executed the transaction at a time when Costco's stock was close to its 52-week high. The share count fell from previous levels, but no specific percentage change was provided for this sale.
Other Institutional Activity in Costco
Blackrock Inc. reduced its holdings by 744,376 shares, bringing its total to about 34.2 million shares valued at roughly $33.95 billion. Vanguard Capital Management LLC added 129,811 shares, ending with approximately 28.98 million shares worth about $28.76 billion. State Street Corporation increased its position by 232,353 shares, totaling around 18.38 million shares valued at about $18.25 billion. Invesco Ltd. boosted its holdings by 359,814 shares, reaching about 13.99 million shares worth around $13.89 billion. Geode Capital Management, LLC trimmed its stake by 31,978 shares, holding approximately 10.63 million shares valued at about $10.55 billion.
Costco Wholesale Corporation Stock Up 1.1%
As of October 13, 2026, Costco shares are trading at about $992.64, which is near their high of $1,096.50 over the past year. This positions the stock well above its 50-day moving average of $932.99, suggesting a strong market presence. The previous close was $982.00.
Recent Earnings
In its latest earnings report, Costco posted revenue of approximately $303.15 billion, reflecting a revenue growth of 11.1%. The company reported an EPS of $20.76, with a net margin of 3.04% and a return on equity (ROE) of 28.4%. The next earnings report is scheduled for December 10, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
3 analysts raised price targets.
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EPS & revenue
EPS missed estimates by 1.9%. Revenue missed estimates by 2.3%.
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Profit surprise
EBITDA missed by 5 percent. Operating income missed by 5 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
3 target raises.
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Earnings quality
Positive free cash flow.
Earnings Call Summary
Costco delivered 9.1 percent revenue growth to 69.6 billion dollars in the second quarter, beating earnings per share at 4.93 dollars versus 4.92 dollars expected, but missing revenue versus consensus of 71.2 billion dollars. Same-store sales grew 7.4 percent excluding gas and currency effects. Comparable sales strength came from all categories, with meat and bakery leading fresh food at low double digits. Digital sales grew 22.6 percent, with personalized recommendations driving 470 million dollars in e-commerce sales. However, paid membership growth decelerated to 4.8 percent year over year, down from typical 5 percent levels, partly due to slower new warehouse openings in new markets and higher penetration of online signup members who renew at lower rates. Management emphasized continued price reductions on items like butter, coffee, and eggs despite tariff uncertainty, and highlighted technology investments in checkout efficiency and personalized experiences.
Guidance Management did not provide specific forward guidance for future quarters. They indicated expecting about 28 net new warehouse openings in fiscal 2026 and are targeting 30 plus openings per year going forward. Capital expenditures are estimated at approximately 6.5 billion dollars for the full year.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Analysts Set New Price Targets
On October 15, 2026, Tigress Financial maintained a 'Buy' rating for Costco with a price target of $1,250. RBC Capital reiterated its 'Sector Perform' rating with a target of $1,000 on October 9, 2026. Deutsche Bank kept a 'Buy' rating with a target of $1,079 on September 28, 2026. Argus Research also reiterated a 'Buy' rating with a price target of $1,230 on the same day. The average price target among analysts is $1,066.06.
About Costco Wholesale Corporation
Costco Wholesale Corporation operates membership warehouses, offering a wide range of products, including groceries, electronics, and household goods. With a significant presence in various countries, Costco has established a strong brand in the consumer defensive sector. This recent insider sale by Wilcox fits into a wider context of activity among company executives and institutional investors.
Bottom Line
Looking ahead, investors should keep an eye on Costco's upcoming earnings report on December 10, 2026. Remember that Wilcox's recent trade reflects the company's position as of the reporting date and may not represent his current stake in the company.
Related Filing Alerts
Source: Wilcox William Richard's Form 4 filing on $COST (Oct 13, 2026). Find the original filing: COST Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts