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Sign InInstitutional investors continue to bolster their positions in the retail sector, with Jericho Financial LLP increasing its stake in Costco (COST) by 30.5% in Q4 to a total value of $4.12 million. This follows similar strategic moves by Runnymede Capital Advisors and Leo Wealth LLC, which previously doubled its holding. Costco's strong Q1 performance, reporting $69.6 billion in revenue and an EPS of $4.58, remains a key driver of this institutional interest. Analysts currently maintain a 'Moderate Buy' rating on the stock with an average price target of $1,039.13. However, the bullish sentiment is tempered by a premium forward P/E ratio of 46x and recent reports of insider selling. These factors, alongside valuation concerns, highlight a complex investment outlook despite the company's robust membership model and international expansion.