Large Outflow of Money Witnessed in Costco Wholesale Corporation

Costco Wholesale Corporation (COST) : The total money flow in Costco Wholesale Corporation (COST) was negative ($42.95 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $121.7 million. Transactions on upticks were comparatively lower at $78.75 million. The uptick to downtick ratio was 0.65. The total block trades on downticks were valued at $40.52 million. The money flow during block trades was negative ($40.52 million) when the stock traded with a gain of $128 cent. Costco Wholesale Corporation (COST) was $166.72, an increase of 0.77% over the previous days close.


The company Insiders own 0.78% of Costco Wholesale Corporation shares according to the proxy statements. Institutional Investors own 76.39% of Costco Wholesale Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -6.6%. In an insider trading activity,The officer (Executive Vice President) of Costco Wholesale Corp /New, Mckay John D sold 4,455 shares at $159 on March 31, 2016. The Insider selling transaction had a total value worth of $708,345. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Costco Wholesale Corporation rose by 7.1% in the last five trading days and 7.37% for the last 4 weeks. Costco Wholesale Corporation is up 10.8% in the last 3-month period. Year-to-Date the stock performance stands at 3.54%.

Costco Wholesale Corporation (NASDAQ:COST): On Tuesdays trading session , Opening price of the stock was $166.49 with an intraday high of $166.9225. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $165.8201. However, the stock managed to close at $166.28, a loss of 0.26% for the day. On the previous day, the stock had closed at $166.72. The total traded volume of the day was 1,644,614 shares.

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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