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ISSAQUAH, WA—Claudine Adamo, Executive Vice President at Costco Wholesale Corp (NASDAQ:COST), recently sold 900 shares of the company’s common stock. The transaction, which took place on March 24, 2025, was executed at a price of $922.56 per share, amounting to a total value of $830,304. The sale occurred as Costco’s stock trades near $930, with the company commanding a market capitalization of $413 billion.
Following this sale, Adamo holds 6,986.503 shares of Costco, which is headquartered in Issaquah, Washington. The transaction details were disclosed in a Form 4 filing with the Securities and Exchange Commission, indicating a direct ownership of the shares. According to InvestingPro analysis, Costco currently trades at a P/E ratio of 54, reflecting its premium valuation in the market.
This sale is part of routine transactions by company executives, and such filings are closely monitored by investors for insights into insider sentiment. Costco Wholesale Corp, a leading retailer with $264 billion in revenue over the last twelve months, continues to be a significant player in the retail variety stores sector. InvestingPro subscribers can access comprehensive insider trading patterns and 14 additional key insights about Costco’s valuation and performance metrics.
In other recent news, Costco Wholesale released its second quarter 2025 financial results, surpassing consensus revenue estimates but falling short on profit margins and membership fee income. Following these results, Bernstein analysts raised their price target for Costco to $1,177, maintaining an Outperform rating, citing the company’s strong consumer appeal and expansion potential. Meanwhile, DA Davidson reaffirmed its Neutral rating with a $1,000 price target, noting the growth prospects within the warehouse club segment, which includes Costco, BJ’s, and Sam’s Club.
Additionally, Citi revised its price target for Costco to $927 from $1,060, while maintaining a Neutral rating. This adjustment reflects a shift to align with lower comparative valuations, despite the analyst’s confidence in Costco’s market share potential. Costco is also pushing for price cuts from Chinese suppliers amid increased US tariffs, a move that mirrors strategies by other major retailers to mitigate tariff impacts on profits.
Costco’s expansion continues with the recent opening of its 900th club in Sharon, Massachusetts, marking the first new location in the state in 23 years. This expansion is part of the company’s strategy to grow its membership base and increase its store count. Analysts remain optimistic about Costco’s long-term prospects, highlighting its ability to attract consumers and maintain steady growth both domestically and internationally.
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