New insider activity at Pricesmart ( (PSMT) ) has taken place on May 9, 2025.
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Francisco Velasco, the Executive Vice President, General Counsel, and Secretary of Pricesmart, has recently sold 550 shares of the company’s stock. This transaction was valued at $54,857.
Recent Updates on PSMT stock
PriceSmart’s recent earnings call highlighted strong revenue growth, membership expansion, and digital sales increases, despite challenges such as decreased gross margins and increased SG&A expenses due to strategic technology investments. The company reported a 5.8% growth in net merchandise sales, with notable regional successes in Colombia and the Caribbean. Membership grew by 4.1%, and digital sales rose by 19.3%. The company also managed efficient cash flow and reduced its effective tax rate. However, it faces ongoing tariff challenges and inventory management issues. Looking forward, PriceSmart plans to continue its expansion with a new club in Guatemala and aims to enhance its supply chain and digital capabilities.
Spark’s Take on PSMT Stock
According to Spark, TipRanks’ AI Analyst, PSMT is a Outperform.
Pricesmart’s strong financial foundation, positive technical indicators, and strategic initiatives highlighted in the earnings call contribute to a favorable outlook. The company’s valuation is reasonable, and recent corporate events such as leadership changes and dividend announcements further bolster investor confidence. However, challenges such as decreased gross margins and increased operational expenses should be monitored.
To see Spark’s full report on PSMT stock, click here.
More about Pricesmart
YTD Price Performance: 14.35%
Average Trading Volume: 266,389
Technical Sentiment Signal: Buy
Current Market Cap: $3.11B