Who holds the most Costco stock? (2024)

Who holds the most Costco stock?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp

, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Fmr Llc, Morgan Stanley, Geode Capital Management, Llc, Invesco Qqq Trust, Series 1, and Bank Of America Corp /de/ .

Who are Costco's biggest shareholders?

The top individual insider shareholders of Costco are Craig Jelinek, Charles Munger, and Patrick Callans, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc., and State Street Corp.

What percent of Costco does BlackRock own?

2024-01-26 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 30,751,817 shares of Costco Wholesale Corporation (US:COST). This represents 6.9 percent ownership of the company.

Who handles Costco stock?

Costco Wholesale Corporation's (“Costco”) shareholder services and transfer agent, Computershare, offers the Investor Services Program for investors wishing to purchase or sell Costco common stock.

What mutual fund holds Costco?

Who makes the most money at Costco?

Are Costco founders billionaires?

James D. Sinegal (born January 1, 1936) is an American billionaire businessman and the co-founder and former CEO of the Costco Wholesale Corporation, an international retail chain. He served as Costco's president and CEO from 1983 until 2011.

Does Warren Buffet own Costco?

It might come as a surprise that legendary investor Warren Buffett doesn't own Costco Wholesale (COST 1.66%) shares. This is even more shocking when you realize his right-hand man, Charlie Munger, is a large shareholder.

How much does Costco CEO make a year?

For Craig Jelinek's final year as Costco CEO, the 71-year-old is going out with a financial bang. Jelinek's base salary for 2023 was $1.1 million, add to that stock awards of nearly $15 million and other compensation, for a total package worth a very respectable $16.8 million, per Costco's most recent proxy filings.

How much of Costco does Charlie Munger own?

22, Munger held 167,615 Costco shares personally and another 19,565 through the Alfred C. Munger Foundation, named for his father, Alfred Case Munger, also a lawyer. For this exercise, I've included both in the $2.33 billion value from earlier. The 187,669 Costco shares are worth approximately $110.7 million.

What's the highest Costco stock has ever been?

Historical daily share price chart and data for Costco since 1986 adjusted for splits and dividends. The latest closing stock price for Costco as of March 22, 2024 is 734.80. The all-time high Costco stock closing price was 785.59 on March 07, 2024.

What grocery chain owns Costco?

Costco is a publicly traded company, meaning it is owned by its shareholders. There is no single owner.

What will Costco stock be worth in 10 years?

Costco stock price stood at $734.80

According to the latest long-term forecast, Costco price will hit $1000 by the end of 2024 and then $1100 by the middle of 2025. Costco will rise to $1300 within the year of 2026, $1500 in 2027, $1700 in 2028, $1800 in 2029, $2000 in 2031 and $2500 in 2035.

What Vanguard fund holds Costco?

VDC-Vanguard Consumer Staples ETF | Vanguard.

What are the pros of investing in Costco?

Costco's stock does not decline often. With its excellent management team, earnings out-performance, and focus on rewarding shareholders, Costco's share price consistently rises. Investors waiting for a pullback could be waiting a longtime.

How many stocks does Costco have?

Number of shares outstanding as of March 2024 : 443,827,000

According to Costco's latest financial reports and stock price the company's current number of shares outstanding is 443,827,000. At the end of 2023 the company had 443,827,000 shares outstanding.

Who is bigger than Costco?

Walmart is by far the world's biggest retailer and Costco is the third biggest. Both of the retailers strive to offer everyday low prices for customers.

What jobs at Costco pay the most?

The highest paying jobs at Costco Wholesale are staff pharmacist, software developer, director, membership marketing, and marketing representative.

How much does 1 Costco make a day?

How much does one Costco make a day? One Costco makes $526,000 a day, on average. With the average annual sales per warehouse at $192,000,000 and 365 days in a year, the average Costco location pulls in over half a million dollars each day.

Where is Costco's headquarters?

What does Costco stand for?

While some sources mention the name is actually just the shortened version of Cost Company, there is no hard evidence to back up these claims. On the other hand, there are some theories circulating online about Costco actually being a Chinese corporation whose name stands for China Off Shore Trading Company.

Do the rich shop at Costco?

Costco is known for its great deals — and even the wealthy can't resist them. A 2023 comparison study of Costco and Sam's Club shoppers found that Costco shoppers tend to be higher income, CNBC reported.

Why did Buffett dump Costco stock?

It's worth noting that Buffett may have jettisoned Costco because he wanted to free up cash to buy other assets with greater upside. Indeed, Berkshire purchased nearly $18 billion worth of stocks on a net basis in the same period it sold Costco, filings show.

Does Charlie Munger still own Costco?

But, Munger still owns roughly $100 million in Costco stock on his own, according to The Motley Fool. Yahoo Finance shared that the investor held 187,180 shares of the company as of November 2022.

Why does Munger like Costco?

Charlie Munger loved Costco because it has a stable revenue base due to its membership program that created a wide moat. That moat cannot easily be disrupted by another retailer who tries to compete because Costco's members have a higher barrier to leaving than do the customers of other stores.