Winmark (NASDAQ:WINA) COO Sells $500,532.00 in Stock

Winmark Corporation (NASDAQ:WINA) COO Renae Gaudette sold 1,200 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $417.11, for a total value of $500,532.00. Following the completion of the sale, the chief operating officer owned 18,860 shares in the company, valued at approximately $7,866,694.60. The trade was a 5.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Winmark Price Performance

Shares of WINA opened at $412.39 on Monday. Winmark Corporation has a 1 year low of $295.79 and a 1 year high of $527.37. The firm has a market cap of $1.47 billion, a PE ratio of 36.75 and a beta of 0.71. The stock’s fifty day moving average price is $470.20 and its two-hundred day moving average price is $417.95.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, October 15th. The specialty retailer reported $3.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.20). Winmark had a net margin of 48.84% and a negative return on equity of 103.08%. The company had revenue of $22.63 million for the quarter, compared to the consensus estimate of $20.19 million.

Winmark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Wednesday, November 12th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, November 12th. Winmark’s dividend payout ratio is currently 34.22%.

Hedge Funds Weigh In On Winmark

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its holdings in shares of Winmark by 19.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock worth $80,000 after purchasing an additional 34 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Winmark by 3.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,573 shares of the specialty retailer’s stock worth $594,000 after purchasing an additional 56 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Winmark by 775.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 62 shares in the last quarter. Rafferty Asset Management LLC boosted its holdings in shares of Winmark by 9.6% in the 2nd quarter. Rafferty Asset Management LLC now owns 847 shares of the specialty retailer’s stock worth $320,000 after purchasing an additional 74 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of Winmark by 12.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 665 shares of the specialty retailer’s stock worth $251,000 after purchasing an additional 75 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

Winmark Company Profile

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.