ImportantCOST
Explain this story: Costco Wholesale Corporation $COST Shares Bought by Montecito Bank & Trust
Montecito Bank & Trust significantly increased its stake in Costco Wholesale Corporation, purchasing an additional 2,014 shares to bring its total holdings to 9,663 shares valued at $8.8 million. Other institutional investors like State Street Corp and Bank of America also expanded their positions in Costco. The company recently reported a strong quarterly earnings beat with EPS of $6.75 and revenue up 11.1% year over year, though its valuation remains high at 44 times earnings.
OtherMarketBeatSector and industry: Consumer StaplesDiscount StoresTell me moreShow less
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Montecito Bank & Trust significantly increased its stake in Costco Wholesale Corporation, purchasing an additional 2,014 shares to bring its total holdings to 9,663 shares valued at $8.8 million. Other institutional investors like State Street Corp and Bank of America also expanded their positions in Costco. The company recently reported a strong quarterly earnings beat with EPS of $6.75 and revenue up 11.1% year over year, though its valuation remains high at 44 times earnings.
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Published Oct 1, 2026, 19:34 ET · on this site +2h 28m