Shares of Costco Wholesale Corporation (NASDAQ:COST) Sees Large Inflow of Net Money Flow

Costco Wholesale Corporation (NASDAQ:COST) dropped slightly amid mild profit booking and the last known price was $156.31 per share. The price decreased by -0.11 points or -0.07% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $80.16 million. The total upticks were valued at $136.47 million and the total downticks aggregated to $56.31 million, thereby putting the up/down ratio at 2.42,. The shares have seen a change in the share price of 0.93% on a weekly basis.In a big block trade which occurred today, the total uptick value was $83.26 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $83.26 million.

Shares of Costco Wholesale Corporation rose by 0.66% in the last five trading days and 10.33% for the last 4 weeks. Costco Wholesale Corporation is up 2.09% in the last 3-month period. Year-to-Date the stock performance stands at -2.93%.

Currently the company Insiders own 0.78% of Costco Wholesale Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.51% . Institutional Investors own 76.38% of Costco Wholesale Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -6.6%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mckay John D, officer (Executive Vice President) of Costco Wholesale Corp /New, had unloaded 4,455 shares at an average price of $159 in a transaction dated on March 31, 2016. The total value of the transaction was worth $708,345.

Costco Wholesale Corporation (NASDAQ:COST) witnessed a decline in the market cap on Friday as its shares dropped 0.34% or 0.53 points. After the session commenced at $157.03, the stock reached the higher end at $157.25 while it hit a low of $155.76. With the volume soaring to 2,858,208 shares, the last trade was called at $155.89. The company has a 52-week high of $169.73. The company has a market cap of $68,290 million and there are 438,065,560 shares in outstanding. The 52-week low of the share price is $117.03.

Costco Wholesale Corporation (Costco) is engaged in the operation of membership warehouses in the United States (U.S.) and Puerto Rico, Canada, United Kingdom (U.K.), Mexico, Japan, Australia, Spain, and through majority-owned subsidiaries in Taiwan and Korea. The Company operated 663 membership warehouses and an average warehouse is approximately 144,000 square feet. The Companys warehouses generally operate on a seven-day, 69-hour week. The Companys product categories include Food, Sundries, Hardlines, Fresh Food, Softlines, Ancillary and Other. The Companys online business provides products, which include services, such as photo processing, pharmacy, travel, business delivery, and membership services.

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