BIP Wealth LLC raised its investment in Costco by 92.9% to 3,334 shares valued at $2.875 million, while insiders sold over 5,000 shares for $4.79 million. Analysts rate Costco as a "Moderate Buy" with a price target of $1,039.13, despite a high P/E ratio of 52.7.

NodeGuardian

2026-04-19 23:15:53

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BIP Wealth LLC significantly increased its stake in Costco Wholesale Corporation (NASDAQ:COST) by 92.9% in the fourth quarter, now holding 3,334 shares valued at approximately $2.875 million. Despite this increase from an institutional investor, company insiders sold over 5,000 shares worth $4.79 million in the last three months. Costco maintains a “Moderate Buy” consensus rating from analysts, with an average price target of $1,039.13, but trades at a high P/E ratio of around 52.7.

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BIP Wealth LLC Increases Stock Position in Costco Wholesale Corporation $COST

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