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Richard A. Galanti net worth and biography

Richard Galanti Biography and Net Worth

Richard Galanti is the executive vice president and chief financial officer for Costco Wholesale, the warehouse club-style grocery retailer he joined in 1984. 

Galanti was raised in the grocery store business as the son and nephew of grocery store operators in the south, and he remembers bagging groceries and cleaning floors at age 12. In 1984, he joined Costco as its vice president of finance and quickly moved on to senior vice president and CFO in 1985. By 1993, he had become executive vice president and CFO of the company, the roles he continues to hold today. In 1995, he also assumed a position as director of Costco Wholesale. 

Throughout his tenure with what is now the second-largest retailer in the world, Galanti has helped the company grow to $112 billion in annual sales with 81.3 million cardholding members, making it the largest membership warehouse club in the country. 

Earlier in his career, Galanti worked in investment banking for Donaldson, Lufkin & Jenrette Securities Corporation in New York. While there, he provided a variety of financial services to both private and public corporate clients. 

Galanti is currently on the board of Costco and is serving out a three-year term on the board of the Federal Reserve Bank of San Francisco. He earned his B.S. in economics from the Wharton School at the University of Pennsylvania and his M.B.A. from the Stanford University Graduate School of Business. 

What is Richard A. Galanti's net worth?

The estimated net worth of Richard A. Galanti is at least $13.76 million as of October 25th, 2022. Mr. Galanti owns 27,818 shares of Costco Wholesale stock worth more than $13,756,836 as of December 2nd. This net worth approximation does not reflect any other assets that Mr. Galanti may own. Learn More about Richard A. Galanti's net worth.

How do I contact Richard A. Galanti?

The corporate mailing address for Mr. Galanti and other Costco Wholesale executives is 999 LAKE DRIVE, ISSAQUAH WA, 98027. Costco Wholesale can also be reached via phone at (425) 313-8100 and via email at [email protected] Learn More on Richard A. Galanti's contact information.

Has Richard A. Galanti been buying or selling shares of Costco Wholesale?

In the last ninety days, Richard A. Galanti has sold $1,658,715.00 in shares of Costco Wholesale stock. Most recently, Richard A. Galanti sold 1,500 shares of the business's stock in a transaction on Tuesday, October 25th. The shares were sold at an average price of $477.65, for a transaction totalling $716,475.00. Following the completion of the sale, the chief financial officer now directly owns 27,818 shares of the company's stock, valued at $13,287,267.70. Learn More on Richard A. Galanti's trading history.

Who are Costco Wholesale's active insiders?

Costco Wholesale's insider roster includes Claudine Adamo (EVP), Patrick Callans (VP), Patrick Callans (VP), Susan Decker (Director), Kenneth Denman (Director), Richard Galanti (CFO), Daniel Hines (Insider), W. Jelinek (CEO & Director ), James Klauer (EVP), James Klauer (EVP), Russell Miller (EVP), Paul Moulton (VP), James Murphy (VP), Joseph Portera (VP), Timothy Rose (VP), James Sinegal (Director), Roland Vachris (VP), Ron Vachris (Pres), and Mary Wilderotter (Director). Learn More on Costco Wholesale's active insiders.

Are insiders buying or selling shares of Costco Wholesale?

In the last year, Costco Wholesale insiders bought shares 2 times. They purchased a total of 1,775 shares worth more than $899,749.25. In the last year, insiders at the retailer sold shares 16 times. They sold a total of 35,584 shares worth more than $19,044,876.22. The most recent insider tranaction occured on November, 4th when EVP Russell D Miller sold 1,000 shares worth more than $483,580.00. Insiders at Costco Wholesale own 0.2 % of the company. Learn More about insider trades at Costco Wholesale.

Information on this page was last updated on 11/4/2022.

Richard A. Galanti Insider Trading History at Costco Wholesale

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/25/2022Sell1,500$477.65$716,475.0027,818View SEC Filing Icon  
10/7/2022Sell2,000$471.12$942,240.0029,318View SEC Filing Icon  
7/14/2022Sell1,000$505.60$505,600.0025,750View SEC Filing Icon  
12/15/2021Sell2,218$554.09$1,228,971.62View SEC Filing Icon  
4/29/2021Sell2,230$372.06$829,693.8022,871View SEC Filing Icon  
12/30/2020Sell1,000$374.49$374,490.0026,101View SEC Filing Icon  
8/21/2020Sell1,754$345.00$605,130.0018,983View SEC Filing Icon  
7/10/2020Sell2,730$325.07$887,441.1025,415View SEC Filing Icon  
3/19/2020Sell1,448$306.51$443,826.4823,967View SEC Filing Icon  
11/13/2019Sell1,984$302.80$600,755.2026,165View SEC Filing Icon  
6/20/2019Sell3,000$266.39$799,170.0027,582View SEC Filing Icon  
3/12/2019Sell4,188$230.47$965,208.3630,082View SEC Filing Icon  
10/30/2018Sell4,163$227.23$945,958.4932,270View SEC Filing Icon  
6/15/2018Sell2,406$207.11$498,306.6625,474View SEC Filing Icon  
1/12/2018Sell5,000$191.62$958,100.0032,880View SEC Filing Icon  
11/10/2017Sell3,000$170.95$512,850.0035,225View SEC Filing Icon  
10/20/2017Sell5,000$160.58$802,900.0041,396View SEC Filing Icon  
12/15/2016Sell1,560$160.22$249,943.2030,895View SEC Filing Icon  
11/11/2016Sell3,111$148.89$463,196.7933,539View SEC Filing Icon  
11/7/2016Sell1,930$143.53$277,012.9036,650View SEC Filing Icon  
7/11/2016Sell2,400$167.08$400,992.0030,536View SEC Filing Icon  
10/29/2015Sell1,500$158.29$237,435.0031,336View SEC Filing Icon  
10/27/2015Sell3,452$157.30$542,999.6032,836View SEC Filing Icon  
10/9/2015Sell5,500$152.87$840,785.0040,446View SEC Filing Icon  
3/6/2015Sell5,214$149.47$779,336.58View SEC Filing Icon  
12/17/2014Sell3,000$139.29$417,870.00View SEC Filing Icon  
11/7/2014Sell3,999$137.62$550,342.38View SEC Filing Icon  
10/30/2014Sell4,165$133.16$554,611.40View SEC Filing Icon  
10/29/2014Sell7,288$131.91$961,360.08View SEC Filing Icon  
10/9/2014Sell4,065$130.54$530,645.10View SEC Filing Icon  
8/20/2014Sell6,000$121.16$726,960.00View SEC Filing Icon  
8/14/2014Sell12,068$118.97$1,435,729.96View SEC Filing Icon  
11/1/2013Sell17,081$119.18$2,035,713.58View SEC Filing Icon  
10/31/2013Sell2,081$118.11$245,786.91View SEC Filing Icon  
10/29/2013Sell7,289$118.53$863,965.17View SEC Filing Icon  
See Full Table

Richard A. Galanti Buying and Selling Activity at Costco Wholesale

This chart shows Richard A Galanti's buying and selling at Costco Wholesale by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Costco Wholesale Company Overview

Costco Wholesale logo
Costco Wholesale Corp. engages in the operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.
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Today's Range

Now: $494.53
Low: $492.11
High: $498.97

50 Day Range

MA: $495.30
Low: $454.65
High: $539.25

2 Week Range

Now: $494.53
Low: $406.51
High: $612.27

Volume

3,621,734 shs

Average Volume

2,498,333 shs

Market Capitalization

$218.88 billion

P/E Ratio

37.64

Dividend Yield

0.71%

Beta

0.72
Next-Generation Fighter Jets?!? (Must See)
The U.S. Department of Defense is using one shocking company to develop breakthrough tech...And at less than $2... this could be the last bargain on the market.

Get the Details Here (Act Fast... a Key Announcement in December Could Send It Rocketing)
>>>
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