CWA Asset Management Group LLC Trims Stake in Costco Wholesale Corporation $COST

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CWA Asset Management Group LLC has reduced its stake in Costco Wholesale Corporation by 3.4%, now holding 34,618 shares valued at $29.85 million. Despite this trimming, institutional investors collectively own 68.48% of Costco’s stock. The company recently exceeded earnings expectations with an EPS of $4.58 against an estimate of $4.55 and revenue of $69.6 billion, while analysts maintain a “Moderate Buy” rating with a target price of $1,039.13.

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