Winmark (NASDAQ:WINA) Stock Price Crosses Above 200 Day Moving Average of $362.86

Shares of Winmark Co. (NASDAQ:WINA) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $362.86 and traded as high as $388.88. Winmark shares last traded at $385.00, with a volume of 25,695 shares.

Analysts Set New Price Targets

Separately, Maxim Group started coverage on shares of Winmark in a research note on Thursday, June 13th. They set a “buy” rating and a $445.00 target price for the company.

Winmark Stock Up 0.0 %

The business has a 50-day moving average of $370.29 and a two-hundred day moving average of $362.97. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 35.16 and a beta of 0.80.

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

Winmark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 14th were given a dividend of $0.90 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $3.60 annualized dividend and a dividend yield of 0.94%. Winmark’s dividend payout ratio (DPR) is currently 32.88%.

Insider Activity at Winmark

In other Winmark news, Director Lawrence A. Barbetta sold 2,412 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $395.30, for a total transaction of $953,463.60. Following the completion of the transaction, the director now owns 4,522 shares in the company, valued at $1,787,546.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Lawrence A. Barbetta sold 124 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $403.34, for a total value of $50,014.16. Following the sale, the director now owns 6,934 shares of the company’s stock, valued at approximately $2,796,759.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Lawrence A. Barbetta sold 2,412 shares of the stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total transaction of $953,463.60. Following the sale, the director now owns 4,522 shares of the company’s stock, valued at approximately $1,787,546.60. The disclosure for this sale can be found here. Insiders have sold a total of 3,119 shares of company stock valued at $1,239,645 over the last quarter. 10.60% of the stock is owned by company insiders.

Institutional Trading of Winmark

Large investors have recently added to or reduced their stakes in the company. AltraVue Capital LLC grew its holdings in shares of Winmark by 95.2% during the second quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock worth $51,454,000 after purchasing an additional 71,145 shares during the last quarter. William Blair Investment Management LLC grew its holdings in Winmark by 9.0% during the 2nd quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer’s stock worth $25,187,000 after acquiring an additional 5,892 shares during the last quarter. Congress Asset Management Co. MA acquired a new stake in Winmark in the 1st quarter valued at about $2,085,000. Vanguard Group Inc. raised its stake in shares of Winmark by 2.3% in the first quarter. Vanguard Group Inc. now owns 162,668 shares of the specialty retailer’s stock worth $58,837,000 after acquiring an additional 3,594 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in shares of Winmark by 7.9% during the first quarter. Bessemer Group Inc. now owns 48,215 shares of the specialty retailer’s stock worth $17,439,000 after purchasing an additional 3,512 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

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.