Gold prices slid below $4,000/oz amid profit-taking on Gaza ceasefire
Francisco Velasco, Executive Vice President - CLO, CRCO at PriceSmart (NASDAQ:PSMT), sold 550 shares of common stock on October 6, 2025, at a price of $122.82, for a total transaction value of $67551. The sale comes as PriceSmart trades near its 52-week high of $124.59, having delivered an impressive 48.48% return over the past six months. According to InvestingPro analysis, the stock currently trades at a P/E ratio of 25.69, suggesting a premium valuation relative to its near-term earnings growth potential.
Following the transaction, Velasco directly owns 80,548 shares of PriceSmart. Velasco also indirectly owns 389 shares by spouse. InvestingPro subscribers can access comprehensive insider trading patterns and 12 additional ProTips that provide deeper insights into PriceSmart’s financial health, which currently rates as GREAT with an overall score of 3.2.
In other recent news, PriceSmart Inc. reported its third-quarter fiscal year 2025 earnings, revealing strong revenue growth. The company’s total revenue exceeded $1.3 billion, surpassing analysts’ expectations, though there was a slight miss on earnings per share forecasts. This performance highlights PriceSmart’s strategic initiatives and market expansion efforts. Additionally, Jefferies raised its price target on PriceSmart to $135 from $120, while maintaining a Buy rating. The firm pointed to PriceSmart’s disciplined expansion strategy, supported by its resilient membership model, digital growth initiatives, and operational efficiency improvements. These developments reflect ongoing confidence in PriceSmart’s ability to grow and adapt in the market.
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