Costco Wholesale Corp. (COST) Chairman of the Board Jeffrey H Brotman sells 50,000 Shares

Chairman of the Board of Costco Wholesale Corp. (COST) Jeffrey H Brotman sells 50,000 shares of COST on 12/28/2009 at an average price of $60.54 a share.

Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. This rapid inventory turnover enables Costco to operate profitably at significantly lower gross margins than traditional wholesalers, discount retailers and supermarkets. Costco Wholesale Corp. has a market cap of $26.4 billion; its shares were traded at around $60.56 with a P/E ratio of 24.2 and P/S ratio of 0.4. The dividend yield of Costco Wholesale Corp. stocks is 1.2%. Costco Wholesale Corp. had an annual average earning growth of 8.3% over the past 10 years. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 5-star.

COST is in the portfolios of Chris Davis of Davis Selected Advisers, Bill Gates of Bill & Melinda Gates Foundation Trust, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC, Bruce Kovner of Caxton Associates, Richard Aster Jr of Meridian Fund, PRIMECAP Management, Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc, Warren Buffett of Berkshire Hathaway, Paul Tudor Jones of The Tudor Group, George Soros of Soros Fund Management LLC, Tom Russo of Gardner Russo & Gardner, Tom Gayner of Markel Gayner Asset Management Corp, Ron Baron of Baron Funds, Jeremy Grantham of GMO LLC.

Directors and Officers Recent Trades:

• Sell:: Executive VP Dennis R Zook sold 5,000 shares of COST stock on 12/16/2009 at the average price of 59.09, the price of the stock has increased by 2.49% since.


• Sell:: Principal Accounting Officer David S Petterson sold 3,689 shares of COST stock on 11/09/2009 at the average price of 60, the price of the stock has increased by 0.93% since.


• Sell:: Principal Accounting Officer David S Petterson sold 1,838 shares of COST stock on 10/29/2009 at the average price of 57.68, the price of the stock has increased by 4.99% since.


• Sell:: Principal Accounting Officer David S Petterson sold 7,500 shares of COST stock on 10/14/2009 at the average price of 58.64, the price of the stock has increased by 3.27% since.