Winmark Co. (NASDAQ:WINA) Shares Sold by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC cut its stake in Winmark Co. (NASDAQ:WINA) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 725 shares of the specialty retailer’s stock after selling 70 shares during the period. Exchange Traded Concepts LLC’s holdings in Winmark were worth $285,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. nVerses Capital LLC purchased a new stake in Winmark in the third quarter valued at approximately $77,000. CWM LLC raised its position in Winmark by 110.9% in the 3rd quarter. CWM LLC now owns 213 shares of the specialty retailer’s stock valued at $82,000 after purchasing an additional 112 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in Winmark during the 2nd quarter worth $122,000. Intech Investment Management LLC acquired a new position in Winmark in the third quarter valued at $271,000. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Winmark by 1,087.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 736 shares of the specialty retailer’s stock valued at $289,000 after buying an additional 674 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Stock Performance

Shares of WINA opened at $389.59 on Friday. Winmark Co. has a fifty-two week low of $330.25 and a fifty-two week high of $431.67. The firm has a 50-day simple moving average of $398.43 and a 200-day simple moving average of $384.86. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 35.64 and a beta of 0.83.

Winmark Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Wednesday, February 12th. Winmark’s dividend payout ratio (DPR) is presently 32.94%.

Insider Transactions at Winmark

In related news, major shareholder Ronald G. Olson sold 3,659 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the completion of the transaction, the insider now directly owns 146,335 shares of the company’s stock, valued at $62,076,770.35. This represents a 2.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company 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.