PriceSmart, Inc. (NASDAQ:PSMT) EVP Rodrigo Calvo sold 2,566 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $82.00, for a total transaction of $210,412.00. Following the completion of the transaction, the executive vice president now owns 18,924 shares of the company’s stock, valued at $1,551,768. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

PriceSmart, Inc. (NASDAQ PSMT) traded down $0.35 during trading hours on Monday, reaching $79.95. 68,500 shares of the company’s stock were exchanged, compared to its average volume of 120,356. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.55 and a current ratio of 1.40. PriceSmart, Inc. has a fifty-two week low of $78.00 and a fifty-two week high of $94.00. The company has a market cap of $2,420.00, a P/E ratio of 26.83 and a beta of 1.33.

PriceSmart (NASDAQ:PSMT) last posted its earnings results on Thursday, October 26th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.09). PriceSmart had a return on equity of 13.32% and a net margin of 3.03%. The company had revenue of $733.50 million during the quarter, compared to the consensus estimate of $733.64 million. During the same period last year, the firm posted $0.74 EPS. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. equities analysts predict that PriceSmart, Inc. will post 3.2 earnings per share for the current year.

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A number of large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in PriceSmart by 1.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 654,058 shares of the company’s stock worth $58,374,000 after purchasing an additional 12,039 shares during the period. Brown Advisory Inc. grew its position in shares of PriceSmart by 48.8% during the 3rd quarter. Brown Advisory Inc. now owns 302,536 shares of the company’s stock valued at $27,001,000 after acquiring an additional 99,167 shares during the period. Thornburg Investment Management Inc. grew its position in shares of PriceSmart by 3.6% during the 3rd quarter. Thornburg Investment Management Inc. now owns 133,225 shares of the company’s stock valued at $11,890,000 after acquiring an additional 4,652 shares during the period. Schwab Charles Investment Management Inc. grew its position in shares of PriceSmart by 6.0% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 149,174 shares of the company’s stock valued at $13,314,000 after acquiring an additional 8,381 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of PriceSmart by 3.5% during the 3rd quarter. Wells Fargo & Company MN now owns 282,737 shares of the company’s stock valued at $25,235,000 after acquiring an additional 9,433 shares during the period. 73.68% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently weighed in on PSMT. Ifs Securities started coverage on shares of PriceSmart in a report on Monday, September 25th. They issued a “market perform” rating and a $85.00 price objective for the company. Zacks Investment Research raised shares of PriceSmart from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Roth Capital set a $102.00 target price on shares of PriceSmart and gave the stock a “buy” rating in a research report on Tuesday, August 8th. TheStreet raised shares of PriceSmart from a “c+” rating to a “b” rating in a research report on Monday, October 23rd. Finally, BidaskClub raised shares of PriceSmart from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. PriceSmart has a consensus rating of “Hold” and an average target price of $92.50.

PriceSmart Company Profile

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.

Insider Buying and Selling by Quarter for PriceSmart (NASDAQ:PSMT)

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