Costco senior EVP Caton Frates disposes of $733,328 in stock

Costco Wholesale Corp. (COST) senior executive, Caton Frates, disposed of $733,328 worth of the company's stock on September 29, 2026. Frates sold 800.638 shares, each priced at $915.93, bringing his direct stake in Costco common stock down to 7,912 shares. The sale price slightly exceeded the current market price of $910.65, with a P/E ratio of 44.08.

Costco's valuation is deemed overvalued by InvestingPro's Fair Value estimates. This information was made public through a Form 4 filing with the Securities and Exchange Commission on September 30, 2026. Investors can delve deeper into Costco's valuation and financial standing via the InvestingPro Pro Research Report for COST and 1,400+ other US equities.

In recent news, Costco reported a 11.2% year-over-year increase in fourth-quarter net sales to $93.87 billion, with total revenue rising 11.1% to $95.72 billion. Comparable sales rose 9.4%, or 7.2% excluding gasoline price inflation and foreign exchange impacts, while digitally enabled comparable sales increased by 19.8% on an adjusted basis.

U.S. comparable sales stood at 10.7%. Analysts have shown a mixed view on Costco's future, with Evercore ISI maintaining an Outperform rating and a $1,100 price target, Evercore ISI citing increased renewal rates despite slower membership growth. Truist Securities kept a Hold rating but cut the price target to $955 from $1,011, expressing concerns over member growth.

Freedom Broker adjusted its price target to $1,010 from $1,030, holding a Buy rating due to a higher discount rate. DA Davidson also increased its price target to $1,040 from $1,000, highlighting solid earnings performance.