PriceSmart, Inc. (NASDAQ:PSMT) Major Shareholder Philanthropies Foundatio Price Sells 5,032 Shares

PriceSmart, Inc. (NASDAQ:PSMT) major shareholder Philanthropies Foundatio Price sold 5,032 shares of the business’s stock in a transaction that occurred on Monday, October 11th. The shares were sold at an average price of $78.54, for a total value of $395,213.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Philanthropies Foundatio Price also recently made the following trade(s):

  • On Wednesday, October 13th, Philanthropies Foundatio Price sold 6,597 shares of PriceSmart stock. The shares were sold at an average price of $76.72, for a total value of $506,121.84.
  • On Monday, September 27th, Philanthropies Foundatio Price sold 10,000 shares of PriceSmart stock. The shares were sold at an average price of $81.42, for a total value of $814,200.00.
  • On Tuesday, September 14th, Philanthropies Foundatio Price sold 7,862 shares of PriceSmart stock. The stock was sold at an average price of $81.34, for a total value of $639,495.08.
  • On Monday, August 30th, Philanthropies Foundatio Price sold 7,173 shares of PriceSmart stock. The stock was sold at an average price of $86.37, for a total value of $619,532.01.
  • On Monday, August 16th, Philanthropies Foundatio Price sold 10,000 shares of PriceSmart stock. The stock was sold at an average price of $82.03, for a total value of $820,300.00.
  • On Monday, August 2nd, Philanthropies Foundatio Price sold 9,849 shares of PriceSmart stock. The stock was sold at an average price of $87.52, for a total value of $861,984.48.
  • On Monday, July 19th, Philanthropies Foundatio Price sold 10,000 shares of PriceSmart stock. The stock was sold at an average price of $86.10, for a total value of $861,000.00.

Shares of PSMT stock opened at $76.56 on Thursday. The firm has a market cap of $2.36 billion, a PE ratio of 23.93 and a beta of 0.86. The company has a quick ratio of 0.63, a current ratio of 1.32 and a debt-to-equity ratio of 0.11. PriceSmart, Inc. has a 12 month low of $66.02 and a 12 month high of $104.90. The stock has a 50 day moving average of $82.02 and a 200-day moving average of $86.73.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in shares of PriceSmart by 0.8% during the second 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 period. Vanguard Group Inc. increased its position in shares of PriceSmart by 2.1% during the second quarter. Vanguard Group Inc. now owns 2,513,179 shares of the company’s stock valued at $228,725,000 after purchasing an additional 51,485 shares during the period. Black Creek Investment Management Inc. increased its position in shares of PriceSmart by 28.6% during the second quarter. Black Creek Investment Management Inc. now owns 1,326,549 shares of the company’s stock valued at $120,729,000 after purchasing an additional 294,988 shares during the period. FMR LLC increased its position in shares of PriceSmart by 0.8% during the second quarter. FMR LLC now owns 1,260,906 shares of the company’s stock valued at $114,755,000 after purchasing an additional 10,434 shares during the period. Finally, State Street Corp grew its position in PriceSmart by 8.8% in the second quarter. State Street Corp now owns 863,401 shares of the company’s stock valued at $78,578,000 after acquiring an additional 70,155 shares during the period. Institutional investors and hedge funds own 76.76% of the company’s stock.

PriceSmart Company Profile

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

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