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Richard A Galanti, insider at Costco Wholesale

Richard A Galanti Insider Information

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 $8.79 million as of April 29th, 2021. Mr. Galanti owns 22,871 shares of Costco Wholesale stock worth more than $8,792,070 as of May 15th. This net worth approximation does not reflect any other assets that Mr. Galanti may own. Additionally, Mr. Galanti receives a salary of $1,020,000.00 as CFO at Costco Wholesale.

How old is Richard A Galanti?

Mr. Galanti is currently 65 years old. There are 6 older executives and no younger executives at Costco Wholesale. The oldest executive at Costco Wholesale is Mr. Paul G. Moulton, Exec. VP & Chief Information Officer, who is 70 years old.

What is Richard A Galanti's salary?

As the CFO of Costco Wholesale Co., Mr. Galanti earns $1,020,000.00 per year. The highest earning executive at Costco Wholesale is Mr. W. Craig Jelinek, Pres, CEO & Director, who commands a salary of $1,250,000.00 per year.

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]

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

During the past quarter, Richard A. Galanti has sold $829,694.00 in Costco Wholesale stock. Most recently, Richard A. Galanti sold 2,230 shares of the business's stock in a transaction on Thursday, April 29th. The shares were sold at an average price of $372.06, for a transaction totalling $829,693.80. Following the completion of the sale, the chief financial officer now directly owns 22,871 shares of the company's stock, valued at $8,509,384.26.

Who are Costco Wholesale's active insiders?

Costco Wholesale's insider roster includes Richard Galanti (CFO), and James Sinegal (Director).

Are insiders buying or selling shares of Costco Wholesale?

In the last year, insiders at the retailer sold shares 25 times. They sold a total of 73,983 shares worth mmore than $25,120,697.92. The most recent insider tranaction occured on April, 29th when Richard A Galanti CFO bought 2,230 shares worth more than $829,693.80. Insiders at Costco Wholesale own 0.2 % of the company.

Information on this page was last updated on 4/29/2021.

Richard A Galanti Insider Trading History at Costco Wholesale

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
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  
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

Costco Wholesale Company Overview

Costco Wholesale logo
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, and deli products, as well as produce; and apparel and small appliances. It also operates pharmacies, optical dispensing centers, food courts, and hearing-aid centers, as well as 615 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of October 07, 2020, the company operated 796 warehouses, including 552 in the United States and Puerto Rico, 102 in Canada, 39 in Mexico, 29 in the United Kingdom, 27 in Japan, 16 in South Korea, 13 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
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Overview Details

Today's Range

Now: $384.42
$380.10
$385.82

50 Day Range

MA: $367.28
$346.34
$384.32

2 Week Range

Now: $384.42
$293.84
$393.15

Volume

1,876,138 shs

Average Volume

2,733,073 shs

Market Capitalization

$170.12 billion

P/E Ratio

39.47

Dividend Yield

0.83%

Beta

0.66
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