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World Equity Group Inc. Sells 8,333 Shares of Costco Wholesale Corporation $COST
World Equity Group Inc. significantly reduced its stake in Costco Wholesale Corporation by 91.1% in Q4, selling 8,333 shares and now holding 812 shares valued at approximately $700,000. Despite this reduction, many other large institutions like State Street, Norges Bank, and Invesco have been increasing their positions, bringing institutional ownership to 68.48%. Costco recently exceeded quarterly EPS estimates, with revenue up 9.2%, and holds a consensus “Moderate Buy” rating from analysts.