COST

Moving with the market

• COST +0.62% on the last session vs SPY +0.74%: −0.1 pts of stock-specific move.
• Aftermath, insider unplanned sale (Oct 1): After its 12 unplanned insider sales in the past 5 years, COST typically gained 0.1% over the next day (median) and was higher 50% of the time; half the outcomes fell between -0.6% and +0.6%. An ordinary day: +0.1%. Among S&P 500 stocks after unplanned insider sales, that ranks #18 of 34.
• 12 analyst actions in the past 10 days (1 positive, 8 negative); latest: Deutsche Bank maintained Buy, lowered target $1,091 → $1,079.
• 2 insider or congressional trades in the past 30 days, including 2 insider sales not under a 10b5-1 plan.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.