Pricesmart director Sherry Bahrambeygui sells $404,186 in stock By Investing.com

PriceSmart Inc. () Director Sherry S. Bahrambeygui recently sold shares of the company’s common stock totaling approximately $404,186. The transactions occurred over two separate days in late July.

On July 28, 2026, Ms. Bahrambeygui disposed of 1,100 shares. The following day, July 29, 2026, she sold an additional 1,000 shares. The sales were executed at prices ranging between $192.294 and $192.663 per share, near the stock’s 52-week high of $199.84. The timing follows an impressive 82% surge in PriceSmart shares over the past year, with the stock currently trading at $191.46. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, which may provide context for the insider’s decision to reduce holdings.

Following these transactions, Ms. Bahrambeygui directly owns 36,649 shares of PriceSmart common stock. She also holds indirect beneficial ownership of additional shares through various trusts and joint accounts. These include 43,728 shares held by the Hosey Family Trust, 9,099 shares by The Sherry Bahrambeygui Trust, and two separate holdings of 1,000 shares each in joint accounts with her son. Ms. Bahrambeygui disclaims beneficial ownership of these indirectly held securities except to the extent of her pecuniary interest.

In other recent news, PriceSmart reported its fiscal third-quarter 2026 results, showcasing a revenue performance that exceeded Wall Street’s expectations. The company achieved revenue of $1.48 billion, surpassing the anticipated $1.42 billion. However, its earnings per share came in at $1.28, slightly below the consensus estimate of $1.32. This discrepancy is attributed to PriceSmart’s continued investments in growth, new markets, and supply chain enhancements. Notably, the revenue rose by 12.5% year over year, driven by increased customer traffic, larger transaction sizes, and widespread sales growth. These recent developments indicate PriceSmart’s strategic focus on expanding its market presence and improving operational capabilities.

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