PriceSmart, Inc. (NASDAQ:PSMT) received a $102.00 price target from equities research analysts at Roth Capital in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Roth Capital’s target price indicates a potential upside of 15.19% from the company’s previous close.

PriceSmart (NASDAQ:PSMT) traded up 0.17% during mid-day trading on Thursday, hitting $88.70. The company had a trading volume of 88,795 shares. The company’s 50 day moving average price is $88.44 and its 200-day moving average price is $88.21. The company has a market cap of $2.66 billion, a PE ratio of 29.63 and a beta of 1.31. PriceSmart has a one year low of $75.80 and a one year high of $94.86.

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In other news, Director Mitchell G. Lynn sold 2,436 shares of the business’s stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of $86.23, for a total transaction of $210,056.28. Following the sale, the director now directly owns 405 shares of the company’s stock, valued at $34,923.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Laura Santana sold 1,100 shares of the business’s stock in a transaction on Thursday, April 13th. The stock was sold at an average price of $86.77, for a total value of $95,447.00. Following the sale, the executive vice president now directly owns 17,604 shares in the company, valued at $1,527,499.08. The disclosure for this sale can be found here. Insiders have sold 6,536 shares of company stock worth $565,093 over the last ninety days. 28.00% of the stock is owned by insiders.

Large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake in shares of PriceSmart by 9.0% in the first quarter. Goldman Sachs Group Inc. now owns 47,241 shares of the company’s stock worth $4,356,000 after buying an additional 3,900 shares during the period. Point72 Asset Management L.P. raised its position in PriceSmart by 45.3% in the first quarter. Point72 Asset Management L.P. now owns 114,327 shares of the company’s stock valued at $10,541,000 after buying an additional 35,629 shares during the last quarter. State Street Corp raised its position in PriceSmart by 3.0% in the first quarter. State Street Corp now owns 437,838 shares of the company’s stock valued at $40,368,000 after buying an additional 12,571 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new position in PriceSmart during the first quarter valued at $685,000. Finally, Schwab Charles Investment Management Inc. raised its position in PriceSmart by 10.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 129,088 shares of the company’s stock valued at $11,902,000 after buying an additional 11,831 shares during the last quarter. 73.84% of the stock is currently owned by institutional investors.

About PriceSmart

PriceSmart, Inc, through its subsidiaries, is engaged in the international operation of membership shopping in warehouse clubs. In addition, the Company operates distribution centers and offices in the United States. The Company’s segments include the United States, Central America, the Caribbean and Colombia.

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