The EVP-Real Estate of Pricesmart (NASDAQ: PSMT) is Selling Shares

By Carrie Williams

Today, the EVP-Real Estate of Pricesmart (NASDAQ: PSMT), Rodrigo Calvo, sold shares of PSMT for $198K.

Following Rodrigo Calvo’s last PSMT Sell transaction on November 02, 2016, the stock climbed by 3.2%. In addition to Rodrigo Calvo, 3 other PSMT executives reported Sell trades in the last month.

Based on Pricesmart’s latest earnings report from August 31, the company posted quarterly revenue of $711.1M and quarterly net profit of $22.27M. In comparison, last year the company earned revenue of $699.2M and had a net profit of $22.45M. The company has a one year high of $98.49 and a one year low of $68.51. PSMT’s market cap is $2.71B and the company has a P/E ratio of 30.65.

The insider sentiment on Pricesmart has been negative according to 32 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

PriceSmart, Inc. engages in the international management and operation of membership warehouse clubs. It operates through the following geographical segments: Latin America, Caribbean, and the United States. Its offers retail products and caters services such as bakery, food court, and tire center. The company was founded by Sol Price and Robert Price in 1994 and is headquartered San Diego, CA.