Costco's Trading Volume Surges 30% to 18.92 Billion, Ranks 20th Despite Stock Price Dip

On March 28, 2025, Costco's trading volume reached 18.92 billion, marking a 30.28% increase from the previous day, placing it 20th in the day's stock market rankings. Costco's stock price fell by 0.97%.

Gary Millerchip, the Executive Vice President of Costco, sold 1,100 shares of the company on March 27, 2025. The transaction was valued at approximately $1,034,006, with each share sold at around $940. This insider sale could potentially impact investor sentiment and market perception of the company's future performance.

Millerchip's decision to sell a significant number of shares may raise questions about his confidence in the company's near-term prospects. However, it is important to note that insider sales can occur for a variety of reasons, including personal financial needs or portfolio diversification, and do not necessarily indicate a negative outlook on the company's future.