--- title: "Foster & Motley Inc. Acquires Shares of 7,550 PriceSmart, Inc. $PSMT" type: "News" locale: "en" url: "https://longbridge.com/en/news/296455181.md" description: "Foster & Motley Inc. initiated a new position in PriceSmart (NASDAQ: PSMT) during Q2, purchasing 7,550 shares valued at approximately $1.48 million. Other institutional investors like BlackRock and State Street also adjusted their holdings. Meanwhile, insiders EVP Francisco Velasco and Director Sherry Bahrambeygui sold shares totaling over $1.5 million in August. Analysts maintain a consensus 'Buy' rating with a $198 price target, despite recent earnings missing EPS estimates." datetime: "2026-08-20T08:08:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296455181.md) - [en](https://longbridge.com/en/news/296455181.md) - [zh-HK](https://longbridge.com/zh-HK/news/296455181.md) generator: "portal-rs" --- # Foster & Motley Inc. Acquires Shares of 7,550 PriceSmart, Inc. $PSMT Foster & Motley Inc. bought a new position in shares of PriceSmart, Inc. (NASDAQ:PSMT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 7,550 shares of the company's stock, valued at approximately $1,475,000. - PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of PriceSmart in the second quarter valued at approximately $814,722,000. State Street Corp raised its position in PriceSmart by 2.4% in the second quarter. State Street Corp now owns 1,045,998 shares of the company's stock worth $109,872,000 after acquiring an additional 24,512 shares in the last quarter. Geode Capital Management LLC lifted its holdings in PriceSmart by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 763,261 shares of the company's stock valued at $93,640,000 after acquiring an additional 7,095 shares during the period. Invesco Ltd. lifted its holdings in PriceSmart by 13.3% in the third quarter. Invesco Ltd. now owns 624,985 shares of the company's stock valued at $75,742,000 after acquiring an additional 73,419 shares during the period. Finally, Morgan Stanley boosted its position in shares of PriceSmart by 1.7% during the 4th quarter. Morgan Stanley now owns 495,799 shares of the company's stock worth $60,820,000 after purchasing an additional 8,428 shares in the last quarter. 80.46% of the stock is owned by hedge funds and other institutional investors. ## Wall Street Analysts Forecast Growth A number of equities analysts have recently weighed in on PSMT shares. Jefferies Financial Group reaffirmed a "buy" rating and set a $198.00 price target on shares of PriceSmart in a research note on Wednesday, August 12th. Weiss Ratings cut shares of PriceSmart from a "buy (b+)" rating to a "buy (b)" rating in a research note on Friday, May 29th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, PriceSmart currently has an average rating of "Buy" and a consensus price target of $198.00. - Why PriceSmart’s Discount May Not Last Much Longer **View Our Latest Report on PSMT** ## Insider Activity In related news, EVP Francisco Velasco sold 338 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $177.87, for a total value of $60,120.06. Following the sale, the executive vice president directly owned 75,321 shares of the company's stock, valued at approximately $13,397,346.27. This represents a 0.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sherry S. Bahrambeygui sold 3,499 shares of the firm's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $197.38, for a total transaction of $690,632.62. Following the transaction, the director owned 32,150 shares of the company's stock, valued at $6,345,767. This trade represents a 9.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,737 shares of company stock worth $1,506,176 over the last 90 days. 17.00% of the stock is currently owned by corporate insiders. ## PriceSmart Stock Performance - 3 ETFs That Could Benefit as Consumers Tighten Their Budgets PSMT opened at $175.61 on Thursday. PriceSmart, Inc. has a 1-year low of $105.46 and a 1-year high of $199.84. The stock has a market cap of $5.42 billion, a P/E ratio of 33.71 and a beta of 0.76. The stock's 50 day simple moving average is $186.67 and its 200 day simple moving average is $166.96. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.28 and a quick ratio of 0.53. PriceSmart (NASDAQ:PSMT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 8th. The company reported $1.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.04). The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.43 billion. PriceSmart had a return on equity of 12.16% and a net margin of 2.82%.The business's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.14 earnings per share. ## PriceSmart Company Profile (Free Report) PriceSmart, Inc NASDAQ: PSMT is a U.S.-based retailer specializing in membership warehouse clubs. Founded in 1993, the company operates under a business model that offers bulk quantities of goods at discounted prices to individuals and businesses that purchase annual memberships. PriceSmart's value proposition centers on low-cost operations, high-volume purchasing, and a no-frills shopping environment designed to pass savings directly to its members. The company's product assortment covers a broad range of merchandise categories, including groceries and fresh produce, household essentials, electronics, appliances, office supplies, furniture, and health and beauty items. ## Read More - Five stocks we like better than PriceSmart - Bloom Energy’s AI Surge Meets a Valuation Reality Check - Target Is Winning Shoppers Back—Can the Rally Reach $180? - IonQ’s Space Contract Points to a New Frontier for Quantum Investors - Is Apple’s AI Strategy Smarter Than Skeptics Think? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in PriceSmart Right Now? Before you consider PriceSmart, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PriceSmart wasn't on the list. While PriceSmart currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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