Geode Capital Management LLC Raises Stock Position in PriceSmart, Inc. $PSMT

Posted by George Bondi on Jun 7th, 2026

Geode Capital Management LLC raised its stake in PriceSmart, Inc. (NASDAQ:PSMT – Free Report) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 763,261 shares of the company’s stock after buying an additional 7,095 shares during the period. Geode Capital Management LLC owned approximately 2.48% of PriceSmart worth $93,640,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its position in shares of PriceSmart by 560.0% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the company’s stock valued at $26,000 after purchasing an additional 252 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in shares of PriceSmart in the fourth quarter valued at approximately $32,000. AlphaQuest LLC grew its position in shares of PriceSmart by 127.5% in the third quarter. AlphaQuest LLC now owns 414 shares of the company’s stock valued at $50,000 after purchasing an additional 232 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of PriceSmart by 57.2% in the second quarter. Osaic Holdings Inc. now owns 492 shares of the company’s stock valued at $52,000 after purchasing an additional 179 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in PriceSmart by 124.2% during the 1st quarter. Advisors Asset Management Inc. now owns 668 shares of the company’s stock valued at $59,000 after buying an additional 370 shares during the last quarter. 80.46% of the stock is owned by hedge funds and other institutional investors.

PriceSmart Price Performance

Shares of NASDAQ:PSMT opened at $173.97 on Friday. The business’s fifty day moving average price is $159.69 and its two-hundred day moving average price is $145.52. The stock has a market cap of $5.38 billion, a PE ratio of 34.31 and a beta of 0.78. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.52 and a current ratio of 1.29. PriceSmart, Inc. has a one year low of $99.98 and a one year high of $177.45.

PriceSmart (NASDAQ:PSMT – Get Free Report) last announced its earnings results on Wednesday, April 8th. The company reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.05. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.48 billion. PriceSmart had a return on equity of 12.23% and a net margin of 2.82%.PriceSmart’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.45 EPS.

Analyst Ratings Changes

Separately, Weiss Ratings cut PriceSmart from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, PriceSmart has a consensus rating of “Buy”.

View Our Latest Analysis on PriceSmart

Insider Activity at PriceSmart

In related news, Director Gordon H. Hanson sold 635 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $157.60, for a total transaction of $100,076.00. Following the transaction, the director owned 8,149 shares of the company’s stock, valued at approximately $1,284,282.40. This represents a 7.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Francisco Velasco sold 338 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $158.56, for a total transaction of $53,593.28. Following the transaction, the executive vice president directly owned 75,659 shares in the company, valued at $11,996,491.04. The trade was a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 3,232 shares of company stock valued at $504,198. Company insiders own 17.00% of the company’s stock.

About PriceSmart

(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.