Shares of PriceSmart Inc. (NASDAQ:PSMT) saw strong trading volume on Monday . 146,490 shares traded hands during trading, a decline of 11% from the previous session’s volume of 163,987 shares.The stock last traded at $80.18 and had previously closed at $79.67.

Several equities analysts have recently weighed in on PSMT shares. Zacks Investment Research lowered shares of PriceSmart from a “hold” rating to a “sell” rating in a research report on Wednesday, June 8th. TheStreet raised shares of PriceSmart from a “hold” rating to a “buy” rating in a research report on Friday, April 8th. Finally, Roth Capital reissued a “buy” rating on shares of PriceSmart in a research report on Monday, July 11th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. PriceSmart has a consensus rating of “Buy” and an average target price of $71.00.

The company has a 50-day moving average price of $88.33 and a 200-day moving average price of $82.66. The firm has a market cap of $2.42 billion and a price-to-earnings ratio of 27.673.

PriceSmart (NASDAQ:PSMT) last posted its quarterly earnings results on Thursday, July 7th. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.15. The company had revenue of $704.30 million for the quarter. During the same period in the prior year, the company posted $0.70 earnings per share. The company’s revenue was up 1.0% on a year-over-year basis. On average, equities research analysts anticipate that PriceSmart Inc. will post $2.92 EPS for the current year.

In other PriceSmart news, EVP Chong Jesus Von sold 900 shares of PriceSmart stock in a transaction on Thursday, April 21st. The shares were sold at an average price of $84.36, for a total transaction of $75,924.00. Following the transaction, the executive vice president now directly owns 27,621 shares of the company’s stock, valued at approximately $2,330,107.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO William J. Naylon sold 1,775 shares of PriceSmart stock in a transaction on Wednesday, April 27th. The stock was sold at an average price of $85.16, for a total transaction of $151,159.00. Following the transaction, the chief operating officer now directly owns 54,176 shares in the company, valued at $4,613,628.16. The disclosure for this sale can be found here.

A number of institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System increased its position in PriceSmart by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 36,073 shares of the company’s stock worth $2,994,000 after buying an additional 628 shares in the last quarter. New York State Common Retirement Fund increased its position in PriceSmart by 1.2% in the fourth quarter. New York State Common Retirement Fund now owns 59,951 shares of the company’s stock worth $4,975,000 after buying an additional 700 shares in the last quarter. Rhumbline Advisers increased its position in PriceSmart by 5.3% in the fourth quarter. Rhumbline Advisers now owns 22,271 shares of the company’s stock worth $1,848,000 after buying an additional 1,120 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in PriceSmart by 5.1% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 99,008 shares of the company’s stock worth $8,217,000 after buying an additional 4,806 shares in the last quarter. Finally, Brown Advisory Inc. increased its position in PriceSmart by 4.0% in the fourth quarter. Brown Advisory Inc. now owns 149,219 shares of the company’s stock worth $12,384,000 after buying an additional 5,717 shares in the last quarter.

PriceSmart, Inc (PriceSmart) business consists primarily of international membership shopping warehouse clubs similar to warehouse clubs in the United States. The Company owns and operates United States-style membership shopping warehouse clubs through wholly owned subsidiaries operating in Latin America and the Caribbean using the trade name PriceSmart.

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