News articles about PriceSmart (NASDAQ:PSMT) have trended very positive this week, AlphaOne Sentiment Analysis reports. The research group, a division of Accern, identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PriceSmart earned a news impact score of 0.53 on AlphaOne’s scale. AlphaOne also gave media stories about the company an impact score of 61 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the stock’s share price in the next few days.
Separately, Roth Capital set a $102.00 price target on shares of PriceSmart and gave the stock a “buy” rating in a research report on Thursday.
In other news, EVP Laura Santana sold 1,100 shares of the business’s stock in a transaction dated Thursday, April 13th. The stock was sold at an average price of $86.77, for a total transaction of $95,447.00. Following the completion of the transaction, the executive vice president now directly owns 17,604 shares in the company, valued at approximately $1,527,499.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mitchell G. Lynn sold 2,436 shares of the business’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $86.23, for a total value of $210,056.28. Following the transaction, the director now owns 405 shares of the company’s stock, valued at $34,923.15. The disclosure for this sale can be found here. Insiders have sold a total of 6,536 shares of company stock valued at $565,093 over the last 90 days. Corporate insiders own 28.00% of the company’s stock.
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PriceSmart, Inc, through its subsidiaries, is engaged in the international operation of membership shopping in warehouse clubs. In addition, the Company operates distribution centers and offices in the United States. The Company’s segments include the United States, Central America, the Caribbean and Colombia.
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