Yesterday, the EVP-Foods Merchandising of Pricesmart (NASDAQ: PSMT), Von Chong Jesus, sold shares of PSMT for $25.04K.
Following Von Chong Jesus’ last PSMT Sell transaction on November 14, 2017, the stock climbed by 2.6%. In addition to Von Chong Jesus, 3 other PSMT executives reported Sell trades in the last month.
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Based on Pricesmart’s latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $840 million and quarterly net profit of $14.15 million. In comparison, last year the company earned revenue of $793 million and had a net profit of $26.87 million. PSMT’s market cap is $2.53B and the company has a P/E ratio of 33.27. Currently, Pricesmart has an average volume of 175.7K.
The insider sentiment on Pricesmart has been negative according to 62 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Von Chong Jesus’ trades have generated a -3.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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PriceSmart, Inc. engages in the international management and operation of membership warehouse clubs. The firm operates through the following geographical segments: Latin America, Caribbean, and the United States. It offers retail products and provides services including bakery, food court, and tire center.
