PriceSmart, Inc. (NASDAQ:PSMT) Director Robert E. Price Sells 1,065 Shares

PriceSmart, Inc. (NASDAQ:PSMT) Director Robert E. Price sold 1,065 shares of the firm’s stock in a transaction on Wednesday, November 24th. The stock was sold at an average price of $78.17, for a total value of $83,251.05. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Robert E. Price also recently made the following trade(s):

  • On Monday, September 13th, Robert E. Price sold 10,000 shares of PriceSmart stock. The shares were sold at an average price of $82.59, for a total value of $825,900.00.

Shares of PSMT opened at $77.99 on Thursday. PriceSmart, Inc. has a 52-week low of $70.85 and a 52-week high of $104.90. The business’s fifty day moving average is $77.83 and its 200-day moving average is $83.93. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.58 and a current ratio of 1.31. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 24.53 and a beta of 0.85.

PriceSmart (NASDAQ:PSMT) last issued its quarterly earnings results on Thursday, October 21st. The company reported $0.63 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by ($0.10). PriceSmart had a net margin of 2.71% and a return on equity of 11.01%. The business had revenue of $909.61 million during the quarter.

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of PriceSmart by 0.8% in the 2nd quarter. BlackRock Inc. now owns 3,938,412 shares of the company’s stock valued at $358,436,000 after purchasing an additional 30,550 shares during the last quarter. Vanguard Group Inc. grew its position in PriceSmart by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 2,513,179 shares of the company’s stock worth $228,725,000 after acquiring an additional 51,485 shares during the last quarter. Black Creek Investment Management Inc. grew its position in PriceSmart by 12.1% during the 3rd quarter. Black Creek Investment Management Inc. now owns 1,486,849 shares of the company’s stock worth $115,305,000 after acquiring an additional 160,300 shares during the last quarter. FMR LLC grew its position in PriceSmart by 0.8% during the 2nd quarter. FMR LLC now owns 1,260,906 shares of the company’s stock worth $114,755,000 after acquiring an additional 10,434 shares during the last quarter. Finally, State Street Corp grew its position in PriceSmart by 8.8% during the 2nd quarter. State Street Corp now owns 863,401 shares of the company’s stock worth $78,578,000 after acquiring an additional 70,155 shares during the last quarter. Institutional investors own 76.61% of the company’s stock.

About PriceSmart

PriceSmart, Inc engages in the international management and operation of membership warehouse clubs. It operates through the following geographical segments: United States Operations, Central American Operations, Caribbean Operations and Colombia Operations. The United States Operations covers include distribution centers and corporate offices.

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