Paul Kovaleski, the Executive Vice President and Chief Merchandising Officer at PriceSmart Inc (NASDAQ:), recently sold 3,235 shares of the company’s common stock. The shares were sold at an average price of $89.963 each, totaling approximately $291,030. Following this transaction, Kovaleski retains 44,309 shares of PriceSmart. The transaction was reported in a recent SEC filing dated November 13, 2024.
InvestingPro Insights
PriceSmart Inc (NASDAQ:PSMT) has been demonstrating solid financial performance, which adds context to the recent insider sale by Executive Vice President Paul Kovaleski. According to InvestingPro data, the company’s market capitalization stands at $2.62 billion, with a price-to-earnings ratio of 19.3, suggesting a reasonable valuation relative to its earnings.
The company’s revenue growth is noteworthy, with an 11.38% increase over the last twelve months,…
