20 Most Expensive Stocks Insiders Are Dumping In March

3. Costco Wholesale Corporation (NASDAQ:COST)

Market Capitalization: $412.74 billion

Costco operates membership-only warehouse clubs in various countries, including the U.S., Canada, Mexico, Japan, and several others. The Issaquah, Washington-based company offers a wide range of products, from groceries and electronics to furniture and clothing, and also provides services like gas stations, pharmacies, and tire installation. Costco generates significant profit through membership fees, which totaled $4.8 billion in fiscal 2024, and has seen a 7% annual increase in paid members over the last two years.

For the second quarter of fiscal 2025, Costco disclosed net sales of $62.53 billion, up 9.1% from $57.33 billion in fiscal 2024. Net income for the quarter was $1,788 million, $4.02 per diluted share, compared to $1,743 million, $3.92 per diluted share, last year.

In January, Costco’s board of directors declared a quarterly cash dividend on its common stock of $1.16 per share.

This month, three insiders, including the CEO, sold around $4.95 million worth of Costco shares at an average price of $917.94 per share. Year-to-date, the stock is up 1.53%, trading at $930.26 per share. Over the past 12 months, Costco returned 27.26% to its investors.

Twenty-nine analysts have given an average “Moderate Buy” rating to Costco stock with a price target of $1,029.00 per share. According to MarketBeat, the average price target suggests a potential upside of 10.61% from the latest price.

Commenting on consumer-oriented stocks that can work in a slowdown, Mad Money host Jim Cramer recently mentioned Costco and said, “Once people get locked to a great service, they almost never cancel, whether it be Costco, Amazon Prime, Netflix.”

Costco is also one of the 10 best department store stocks to invest in.