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Jericho Financial LLP Buys 1,116 Shares of Costco Wholesale Corporation $COST
Jericho Financial LLP increased its stake in Costco (COST) by 30.5% in Q4, acquiring 1,116 additional shares to hold a total of 4,777 shares valued at approximately $4.12 million. Other institutional investors also modified their holdings, while analysts maintain a “Moderate Buy” rating with an average price target of $1,039.13. Costco reported strong earnings, beating estimates with EPS of $4.58 and revenue of $69.6 billion, although insider selling and valuation concerns are noted.