Renae M. Gaudette Sells 1,500 Shares of Winmark Co. (NASDAQ:WINA) Stock

Winmark Co. (NASDAQ:WINA) COO Renae M. Gaudette sold 1,500 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $380.11, for a total transaction of $570,165.00. Following the completion of the transaction, the chief operating officer now owns 15,060 shares of the company’s stock, valued at $5,724,456.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Winmark Trading Up 0.9 %

Shares of NASDAQ:WINA opened at $380.49 on Wednesday. The company has a 50 day moving average of $368.32 and a 200-day moving average of $366.63. The firm has a market cap of $1.33 billion, a P/E ratio of 34.75 and a beta of 0.79. Winmark Co. has a twelve month low of $330.25 and a twelve month high of $451.30.

Winmark (NASDAQ:WINA) last released its earnings results 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 negative return on equity of 85.43% and a net margin of 49.02%. The firm had revenue of $21.51 million during the quarter.

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Wednesday, November 13th will be paid a dividend of $8.40 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $33.60 annualized dividend and a yield of 8.83%. This is a boost from Winmark’s previous quarterly dividend of $0.90. Winmark’s dividend payout ratio (DPR) is currently 32.88%.

Institutional Investors Weigh In On Winmark

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Winmark by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 162,668 shares of the specialty retailer’s stock valued at $58,837,000 after purchasing an additional 3,594 shares in the last quarter. AltraVue Capital LLC grew its position in Winmark by 95.2% in the second quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock worth $51,454,000 after buying an additional 71,145 shares during the last quarter. William Blair Investment Management LLC increased its holdings in shares of Winmark by 9.0% in the second quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer’s stock valued at $25,187,000 after buying an additional 5,892 shares in the last quarter. Copeland Capital Management LLC lifted its position in shares of Winmark by 0.3% during the 3rd quarter. Copeland Capital Management LLC now owns 63,630 shares of the specialty retailer’s stock valued at $24,366,000 after acquiring an additional 162 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Winmark by 7.9% during the 1st quarter. Bessemer Group Inc. now owns 48,215 shares of the specialty retailer’s stock worth $17,439,000 after acquiring an additional 3,512 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors.

About Winmark

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.