Wellington Management Group LLP Reduces Stock Position in Costco Wholesale Corporation $COST

Wellington Management Group LLP reduced its stake in Costco Wholesale Corporation by 2.8% in the second quarter, selling 5,751 shares and retaining 197,558 shares valued at approximately $184.8 million. Despite this reduction, Costco continues to demonstrate strong sales momentum, with fourth-quarter net sales up 11.3% and digitally enabled comparable sales increasing by 19.5%. Analysts maintain a "Moderate Buy" rating with an average price target of $1,056.90, indicating continued positive outl