Insider Selling: Winmark Co. (NASDAQ:WINA) COO Sells 1,500 Shares of Stock

by · The Cerbat Gem

Winmark Co. (NASDAQ:WINA – Get Free Report) COO Renae M. Gaudette sold 1,500 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $380.11, for a total value of $570,165.00. Following the sale, the chief operating officer now owns 15,060 shares of the company’s stock, valued at $5,724,456.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Winmark Stock Performance

Shares of NASDAQ:WINA opened at $384.60 on Thursday. The business’s 50-day simple moving average is $368.54 and its 200 day simple moving average is $366.75. The company has a market cap of $1.34 billion, a P/E ratio of 35.12 and a beta of 0.79. Winmark Co. has a one year low of $330.25 and a one year high of $451.30.

Winmark (NASDAQ:WINA – Get Free Report) last posted its quarterly earnings data on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.13). Winmark had a net margin of 49.02% and a negative return on equity of 85.43%. The firm had revenue of $21.51 million during the quarter.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Wednesday, November 13th will be paid a $8.40 dividend. This represents a $33.60 dividend on an annualized basis and a yield of 8.74%. This is an increase from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, November 13th. Winmark’s dividend payout ratio (DPR) is 32.88%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Unique Wealth Strategies LLC bought a new position in shares of Winmark in the 2nd quarter worth about $36,000. CWM LLC lifted its holdings in Winmark by 197.1% in the second quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock worth $36,000 after acquiring an additional 67 shares during the last quarter. Gladius Capital Management LP boosted its stake in Winmark by 116.8% in the second quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer’s stock valued at $73,000 after acquiring an additional 111 shares during the period. Comerica Bank boosted its stake in Winmark by 673.1% in the first quarter. Comerica Bank now owns 201 shares of the specialty retailer’s stock valued at $73,000 after acquiring an additional 175 shares during the period. Finally, nVerses Capital LLC acquired a new stake in shares of Winmark during the 3rd quarter worth approximately $77,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Company Profile

(Get Free Report)

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.

Further Reading