On April 29, 2024, John Hildebrandt, President and Chief Operating Officer of Pricesmart Inc (PSMT, Financial), executed a sale of 6,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing.
Pricesmart Inc operates membership shopping warehouse clubs in Central America, the Caribbean, and Colombia. The company provides a broad selection of merchandise, often in bulk sizes, at competitive prices, catering primarily to individual members and business owners.
The shares were sold at a price of $81.92, valuing the transaction at approximately $491,520. Following this transaction, the insider's direct ownership in Pricesmart Inc stands at 0 shares.
Over the past year, the insider has sold a total of 6,000 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 8 insider sells and no insider buys over the same period.
As of the latest sale, Pricesmart Inc has a market cap of approximately $2.47 billion. The stock's price-earnings ratio is 20.25, which is above the industry median of 16.11.
According to the GF Value, the intrinsic value of Pricesmart Inc is estimated at $86.40 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 0.95.
This valuation is supported by historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
Investors and stakeholders in Pricesmart Inc may consider monitoring insider transaction trends and valuation metrics as part of their investment decision-making process.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
