Ascentis Wealth Management LLC Has $2.55 Billion Position in Costco Wholesale Corporation $COST

Ascentis Wealth Management LLC significantly increased its stake in Costco Wholesale Corporation, purchasing an additional 2,497,652 shares to hold a total of 2,500,062 shares valued at approximately $2.55 billion. Other institutional investors also adjusted their positions in Costco, while analysts maintain a "Moderate Buy" rating with an average price target of $1,059.53. The company recently declared a quarterly dividend and saw minor insider selling, with its stock performing positively despite narrowly missing EPS estimates in its last quarterly report.