PSMT - Pricesmart Director Trades $2.00M In Company Stock | Benzinga
Revealing a significant insider sell on July 18, Sherry Bahrambeygui, Director at Pricesmart (NASDAQ:PSMT), as per the latest SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Bahrambeygui sold 23,141 shares of Pricesmart. The total transaction value is $2,000,909.
Pricesmart shares are trading down 0.71% at $89.93 at the time of this writing on Thursday morning.
Get to Know Pricesmart Better
Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in Latin America and the Caribbean, with Central America contributing over half of its net warehouse club sales. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income, with net warehouse club sales accounting for the majority of the company's total revenue.
Pricesmart: Delving into Financials
Revenue Growth: Pricesmart's revenue growth over a period of 3 months has been noteworthy. As of 31 May, 2024, the company achieved a revenue growth rate of approximately 12.11%. This indicates a substantial increase in ...