Millennium Management LLC Sells 10,830 Shares of Winmark Co. (NASDAQ:WINA)

Millennium Management LLC decreased its position in Winmark Co. (NASDAQ:WINA) by 43.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 13,986 shares of the specialty retailer’s stock after selling 10,830 shares during the quarter. Millennium Management LLC’s holdings in Winmark were worth $4,932,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in shares of Winmark during the fourth quarter worth about $486,000. Ables Iannone Moore & Associates Inc. bought a new stake in Winmark in the 4th quarter valued at $29,000. Congress Asset Management Co. MA bought a new stake in Winmark in the 1st quarter valued at $2,085,000. Mountain Pacific Investment Advisers Inc. ID boosted its stake in Winmark by 7.7% in the 1st quarter. Mountain Pacific Investment Advisers Inc. ID now owns 27,667 shares of the specialty retailer’s stock valued at $10,007,000 after purchasing an additional 1,982 shares during the period. Finally, DGS Capital Management LLC lifted its position in shares of Winmark by 13.6% during the 1st quarter. DGS Capital Management LLC now owns 3,769 shares of the specialty retailer’s stock valued at $1,363,000 after acquiring an additional 452 shares during the period. Institutional investors own 73.32% of the company’s stock.

Insiders Place Their Bets

In other news, Director Lawrence A. Barbetta sold 583 shares of the firm’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 value of $236,167.47. Following the transaction, the director now owns 7,058 shares in the company, valued at $2,859,125.22. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Winmark news, Director Lawrence A. Barbetta sold 583 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $405.09, for a total value of $236,167.47. Following the completion of the sale, the director now directly owns 7,058 shares of the company’s stock, valued at $2,859,125.22. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Lawrence A. Barbetta sold 124 shares of Winmark stock in a transaction on Monday, July 29th. The shares were sold at an average price of $403.34, for a total value of $50,014.16. Following the completion of the transaction, the director now owns 6,934 shares of the company’s stock, valued at approximately $2,796,759.56. This trade represents a 0.00 % decrease in their ownership of the stock. 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. Corporate insiders own 10.60% of the company’s stock.

Winmark Stock Up 1.8 %

Shares of WINA stock opened at $367.84 on Friday. Winmark Co. has a twelve month low of $330.25 and a twelve month high of $451.30. The company has a market cap of $1.29 billion, a P/E ratio of 33.59 and a beta of 0.79. The business has a fifty day simple moving average of $365.04 and a 200 day simple moving average of $364.17.

Winmark (NASDAQ:WINA) last issued its quarterly earnings results on Wednesday, July 17th. The specialty retailer reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.08. The company had revenue of $20.12 million during the quarter. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%.

Winmark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 14th were issued a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $3.60 annualized dividend and a yield of 0.98%. Winmark’s payout ratio is currently 32.88%.

Winmark 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.