From MarketBeat:

Sumitomo Life Insurance Co. decreased its holdings in Costco Wholesale Co. by 24.4% during the 3rd quarter, selling 2,104 shares and owning a total of 6,519 shares worth $3,683,000. Other institutional investors also modified their holdings. The stock opened at $660.08 and the company announced a $15.00 special dividend.

Costco Wholesale Co. last announced quarterly earnings data on December 14th, reporting $3.48 earnings per share and revenue of $57.80 billion, with a forecasted EPS of 15.58 for the fiscal year. The stock currently has an average rating of “Moderate Buy” and a consensus target price of $631.60.

Insiders at Costco Wholesale have recently sold 20,377 shares of company stock valued at $11,553,511, equaling 0.18% of the stock. The company, active across 26 locations globally, offers branded and private-label products in a range of merchandise categories.

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Read more: Sumitomo Life Insurance Co. Has $3.68 Million Stake in Costco Wholesale Co. (NASDAQ:COST)