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PriceSmart Inc. (PSMT) EVP & COO William J Naylon sells 2,155 Shares

April 15, 2010 | About:
insider

insider

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EVP & COO of PriceSmart Inc. (PSMT) William J Naylon sells 2,155 shares of PSMT on 04/13/2010 at an average price of $24.05 a share.

Pricesmart Inc. has a market cap of $721.5 million; its shares were traded at around $24.24 with a P/E ratio of 16.7 and P/S ratio of 0.6. The dividend yield of Pricesmart Inc. stocks is 2.1%.

PSMT is in the portfolios of George Soros of Soros Fund Management LLC, Chuck Royce of Royce& Associates.

CFO Recent Trades:


  • Sell:: EVP & CFO John Heffner sold 3,200 shares of PSMT stock on 12/15/2009 at the average price of 19.86, the price of the stock has increased by 22.05% since.

  • Sell:: EVP & CFO John Heffner sold 3,200 shares of PSMT stock on 11/16/2009 at the average price of 19.61, the price of the stock has increased by 23.61% since.



This is the insider trade history vs. stock price of PSMT. For the complete insider trading history of PSMT, click here.




Directors and Officers Recent Trades:


  • Sell:: PRESIDENT Jose Luis Laparte sold 10,000 shares of PSMT stock on 03/15/2010 at the average price of 22.92, the price of the stock has increased by 5.76% since.

  • Sell:: PRESIDENT Jose Luis Laparte sold 10,000 shares of PSMT stock on 02/16/2010 at the average price of 20.59, the price of the stock has increased by 17.73% since.

  • Sell:: EVP, GC & Secretary Robert M Gans sold 3,000 shares of PSMT stock on 01/28/2010 at the average price of 20.03, the price of the stock has increased by 21.02% since.

  • Sell:: EVP -- Central America John D Hildebrandt sold 2,931 shares of PSMT stock on 01/27/2010 at the average price of 20.02, the price of the stock has increased by 21.08% since.

  • Sell:: PRESIDENT Jose Luis Laparte sold 10,000 shares of PSMT stock on 01/15/2010 at the average price of 20.03, the price of the stock has increased by 21.02% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 4.0/5 (6 votes)

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