Crossmark Global Holdings Inc. Has $285,000 Holdings in Winmark Co. (NASDAQ:WINA)

Crossmark Global Holdings Inc. boosted its stake in shares of Winmark Co. (NASDAQ:WINA) by 15.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 809 shares of the specialty retailer’s stock after purchasing an additional 106 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Winmark were worth $285,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Ables Iannone Moore & Associates Inc. acquired a new position in shares of Winmark in the 4th quarter valued at about $29,000. Unique Wealth Strategies LLC acquired a new position in shares of Winmark in the 2nd quarter valued at about $36,000. CWM LLC increased its holdings in shares of Winmark by 197.1% in the 2nd quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 67 shares during the period. Gladius Capital Management LP increased its holdings in shares of Winmark by 116.8% in the 2nd quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer’s stock valued at $73,000 after purchasing an additional 111 shares during the period. Finally, Comerica Bank increased its holdings in shares of Winmark by 673.1% in the 1st quarter. Comerica Bank now owns 201 shares of the specialty retailer’s stock valued at $73,000 after purchasing an additional 175 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Maxim Group initiated coverage on Winmark in a report on Thursday, June 13th. They issued a “buy” rating and a $445.00 target price on the stock.

Winmark Stock Performance

NASDAQ:WINA opened at $360.67 on Thursday. The stock’s 50 day moving average price is $372.19 and its 200 day moving average price is $363.63. Winmark Co. has a 52 week low of $330.25 and a 52 week high of $451.30. The company has a market capitalization of $1.26 billion, a P/E ratio of 32.94 and a beta of 0.81.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, July 17th. The specialty retailer reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.08. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%. The firm had revenue of $20.12 million for the quarter.

Winmark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 14th were issued a $0.90 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $3.60 dividend on an annualized basis and a yield of 1.00%. Winmark’s dividend payout ratio is currently 32.88%.

Insider Buying and Selling

In related news, Director Lawrence A. Barbetta sold 124 shares of the stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $403.34, for a total value of $50,014.16. Following the transaction, the director now owns 6,934 shares in the company, valued at $2,796,759.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Winmark news, Director Lawrence A. Barbetta sold 583 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $405.09, for a total transaction of $236,167.47. Following the completion of the sale, the director now owns 7,058 shares of the company’s stock, valued at $2,859,125.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lawrence A. Barbetta sold 124 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $403.34, for a total value of $50,014.16. Following the sale, the director now directly owns 6,934 shares of the company’s stock, valued at approximately $2,796,759.56. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,119 shares of company stock worth $1,239,645. Insiders own 10.60% of the company’s stock.

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.