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Top Buys by Directors: Wilderotter's $499.6K Bet on COST

By Market News Video Staff, Tuesday, December 28, 12:00 PM ET
Play Video: One Reason For Insiders to Buy


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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $499.6K by Mary Agnes Wilderotter, Director at Costco Wholesale Corp (NASDAQ:COST).

Wilderotter bets big on COST:

Purchased Insider Title Shares Price/Share Value
12/21/2021 Mary Agnes Wilderotter Director 925 $540.13 $499,619.51

Wilderotter's average cost works out to $540.13/share. Shares of Costco Wholesale Corp were changing hands at $564.75 at last check, trading up about 0.2% on Tuesday. The chart below shows the one year performance of COST shares, versus its 200 day moving average:

Costco Wholesale Corp Chart

Looking at the chart above, COST's low point in its 52 week range is $307 per share, with $566.55 as the 52 week high point — that compares with a last trade of $564.75.


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This Article's Word Cloud:   Agnes   Buys   COST   Company   Corp   Costco   Director   Directors   Dividends   Free   Insider   Looking   Mary   Presumably   Price   Purchased   Report   Share   Shares   Start   Title   Tuesday   Value   Wholesale   Wilderotter   about   above   average   below   bets   both   business   buys   cash   changing   chart   company   directors   last   make   maybe   mdash   point   share   stock   take   that   they   week   with
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Top Buys by Directors: Wilderotter's $499.6K Bet on COST | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

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