PriceSmart (PSMT) Insider Robert Price Buys 9,000 Shares

Robert Price, an insider at PSMT, acquired 9,000 shares of the company on June 22, 2026. This transaction was not part of a pre-planned trading scheme and reflects direct buying activity by Price.

Other Institutional Activity in PSMT

Several major funds have been active in PSMT recently. BlackRock, Inc. increased its holdings by 238,899 shares, bringing its total to 4,087,992 shares valued at approximately $615.2 million, a 6.2% rise. Vanguard Portfolio Management LLC opened a new position with 1,802,791 shares worth about $271.3 million. FMR LLC grew its stake by 294,023 shares, reaching a total of 1,722,026 shares valued at $259.2 million, marking a 20.6% increase. American Century Companies Inc. added 115,185 shares, ending with 1,453,112 shares valued at $218.7 million, reflecting an 8.6% increase. However, Dimensional Fund Advisors LP reduced its holdings by 28,041 shares, now holding 1,232,619 shares worth $185.5 million, a 2.2% decrease. Black Creek Investment Management Inc. also trimmed its stake by 473,785 shares, resulting in 1,164,834 shares valued at $175.3 million, a 28.9% decrease.

PriceSmart, Inc. Stock Up 10.1%

On Tuesday, shares of PSMT traded near $182.98. The stock has seen significant institutional activity, with major funds adjusting their positions. These movements come as the company's market dynamics continue to evolve.

Insider Buying and Selling at PriceSmart, Inc.

Aside from Robert Price's purchase of 9,000 shares, there were several other insider transactions. Francisco Velasco, Executive Vice President, sold 338 shares on May 15, 2026, at an average price of $158.56. Edgar Zurcher sold 2,259 shares on May 4, 2026, at $155.17 each. Gordon Hanson sold 635 shares on April 30, 2026, for $157.60 each. Robert Price also sold 8,000 shares on April 29, 2026.

Analysts Set New Price Targets

On April 17, 2024, Jefferies maintained its buy rating for PSMT with a price target of $90. Earlier, on April 10, 2024, Scotiabank maintained a hold rating with a target of $82. In previous updates, Jefferies initiated coverage with a buy rating and an $82 target on December 1, 2023.

Bottom Line

Insider Robert Price's purchase of PSMT shares adds to a series of transactions by major funds, indicating active interest in the company's stock. While these filings provide insight into past trading activities, they may not reflect current positions. Investors often watch these moves to gauge sentiment and potential company performance.