Najeeb Ghauri, an Insider in NetSol Technologies, Inc. (NTWK), Purchases 1550 shares of the Company; Birinyi Associates Decreased Its Costco Wholesale (COST) Holding

February 15, 2018 - By Marguerite Chambers

Birinyi Associates Inc decreased Costco Wholesale Corp (COST) stake by 68.64% reported in 2017Q3 SEC filing. Birinyi Associates Inc sold 7,550 shares as Costco Wholesale Corp (COST)’s stock rose 1.54%. The Birinyi Associates Inc holds 3,450 shares with $567,000 value, down from 11,000 last quarter. Costco Wholesale Corp now has $83.92B valuation. The stock increased 2.29% or $4.27 during the last trading session, reaching $191.12. About 999,972 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since February 15, 2017 and is uptrending. It has outperformed by 8.44% the S&P500.

Company insider, Najeeb Ghauri, CEO of Netsol Technologies Inc obtained a total of 1,550 shares of the firm, based on a stock price of $4.7 per each share. Dated 15-02-2018, this specific acquisition by Najeeb Ghauri was disclosed in a legal form submitted together with the U.S. Security and Exchange Commission. It is freely obtainable here. Currently, Mr. Najeeb, holds 658,909 shares, which accounts for 5.78% of Netsol Technologies Inc’s market capitalization.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on March, 1. They expect $1.42 EPS, up 21.37% or $0.25 from last year’s $1.17 per share. COST’s profit will be $623.53 million for 33.65 P/E if the $1.42 EPS becomes a reality. After $1.36 actual EPS reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 4.41% EPS growth.

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 22 have Buy rating, 0 Sell and 10 Hold. Therefore 69% are positive. Costco Wholesale had 121 analyst reports since August 24, 2015 according to SRatingsIntel. On Wednesday, November 15 the stock rating was maintained by Robert W. Baird with “Buy”. The firm earned “Equal-Weight” rating on Friday, September 23 by Barclays Capital. The rating was maintained by Oppenheimer with “Buy” on Friday, November 3. The company was maintained on Friday, May 26 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, August 22 by Jefferies. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, April 7. The firm earned “Neutral” rating on Tuesday, November 3 by Northcoast. Telsey Advisory Group maintained it with “Outperform” rating and $175 target in Monday, November 9 report. Deutsche Bank upgraded Costco Wholesale Corporation (NASDAQ:COST) on Thursday, December 3 to “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $184.0 target in Thursday, September 14 report.

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.09, from 1.28 in 2017Q2. It dived, as 69 investors sold COST shares while 383 reduced holdings. 103 funds opened positions while 433 raised stakes. 304.48 million shares or 2.26% less from 311.53 million shares in 2017Q2 were reported. Bollard Group Inc Ltd Limited Liability Company has invested 0.14% in Costco Wholesale Corporation (NASDAQ:COST). Adirondack Trust, New York-based fund reported 1,954 shares. Amica Retiree reported 1,713 shares or 0.22% of all its holdings. Cedar Hill Assoc Ltd Company accumulated 3,133 shares or 0.09% of the stock. Montgomery Investment Mgmt Inc owns 0.1% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1,300 shares. Mirae Asset Global Limited reported 0.33% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Moreover, Cap World Invsts has 0.32% invested in Costco Wholesale Corporation (NASDAQ:COST) for 8.63 million shares. Virtu Ltd Llc has invested 0% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Iowa-based Pecaut & has invested 1.58% in Costco Wholesale Corporation (NASDAQ:COST). Wellington Group Inc Ltd Liability Partnership holds 13.38M shares or 0.5% of its portfolio. Madison Investment Holdings reported 0.37% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Moreover, First Foundation Advisors has 0.07% invested in Costco Wholesale Corporation (NASDAQ:COST). Spectrum Management Group reported 0.01% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Windward Management Ca stated it has 95,061 shares. 36,345 were reported by Addenda Cap Incorporated.

Since September 1, 2017, it had 0 insider buys, and 16 selling transactions for $22.37 million activity. Hines Daniel M. sold $943,080 worth of stock. Another trade for 5,000 shares valued at $809,578 was made by ZOOK DENNIS R on Wednesday, October 4. Another trade for 5,200 shares valued at $977,510 was sold by Vachris Roland Michael. On Friday, December 22 GALANTI RICHARD A sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shares. The insider MEISENBACH JOHN W sold $157,590. The insider SINEGAL JAMES D sold $5.76M. LIBENSON RICHARD M had sold 20,000 shares worth $3.86 million on Monday, December 18.

The stock decreased 0.85% or $0.0394 during the last trading session, reaching $4.6106. About 3,412 shares traded. NetSol Technologies, Inc. (NASDAQ:NTWK) has declined 27.07% since February 15, 2017 and is downtrending. It has underperformed by 43.77% the S&P500.

Investors sentiment increased to 1.22 in Q3 2017. Its up 0.08, from 1.14 in 2017Q2. It increased, as 2 investors sold NetSol Technologies, Inc. shares while 7 reduced holdings. 5 funds opened positions while 6 raised stakes. 2.14 million shares or 1.63% less from 2.17 million shares in 2017Q2 were reported. Northern Trust Corporation has invested 0% in NetSol Technologies, Inc. (NASDAQ:NTWK). Blackrock reported 353,771 shares. 16,502 are held by Gp One Trading Lp. Raymond James And Assoc, a Florida-based fund reported 87,167 shares. Royal Bank & Trust Of Canada invested 0% in NetSol Technologies, Inc. (NASDAQ:NTWK). Retail Bank Of Montreal Can has 1,200 shares. Gsa Cap Llp holds 22,081 shares. Bridgeway Cap stated it has 0% in NetSol Technologies, Inc. (NASDAQ:NTWK). Morgan Stanley has 2,176 shares. Susquehanna Gru Ltd Liability Partnership stated it has 13,617 shares or 0% of all its holdings. California Public Employees Retirement Sys holds 0% of its portfolio in NetSol Technologies, Inc. (NASDAQ:NTWK) for 19,480 shares. Moreover, Vanguard Gru has 0% invested in NetSol Technologies, Inc. (NASDAQ:NTWK) for 147,783 shares. Dimensional Fund Advsrs Lp has invested 0% of its portfolio in NetSol Technologies, Inc. (NASDAQ:NTWK). 23,500 were reported by Price T Rowe Associates Md. Tower Cap Ltd Com (Trc) holds 2,910 shares or 0% of its portfolio.

NetSol Technologies, Inc. designs, develops, markets, and exports software products to the automobile financing and leasing, banking, and financial services industries worldwide. The company has market cap of $52.54 million. It also provides system integration, consulting, and IT services and products. It currently has negative earnings. The firm offers NetSol Financial Suite , an end-to-end solution covering leasing and finance cycle for the asset finance industry; and NFS Ascent platform, a lease accounting and contract processing engine.

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