Insider Selling: Winmark Co. (NASDAQ:WINA) CFO Sells $918,216.00 in Stock

Winmark Co. (NASDAQ:WINA) CFO Anthony D. Ishaug sold 2,400 shares of the firm’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $382.59, for a total transaction of $918,216.00. Following the sale, the chief financial officer now owns 53,875 shares in the company, valued at approximately $20,612,036.25. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Winmark Stock Up 1.0 %

WINA stock opened at $385.77 on Monday. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 35.23 and a beta of 0.79. Winmark Co. has a 52-week low of $330.25 and a 52-week high of $451.30. The stock’s fifty day simple moving average is $366.88 and its 200-day simple moving average is $364.74.

Winmark (NASDAQ:WINA) last issued its quarterly earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.13). Winmark had a negative return on equity of 85.12% and a net margin of 48.57%. The business had revenue of $21.51 million during the quarter.

Winmark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Wednesday, November 13th will be given a dividend of $8.40 per share. This is a positive change from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date is Wednesday, November 13th. This represents a $33.60 annualized dividend and a yield of 8.71%. Winmark’s dividend payout ratio is 32.88%.

Hedge Funds Weigh In On Winmark

A number of large investors have recently bought and sold shares of the stock. AltraVue Capital LLC increased its holdings in shares of Winmark by 95.2% during the 2nd 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 stake in Winmark by 9.0% during the second 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 purchased a new position in shares of Winmark in the 1st quarter worth about $2,085,000. Vanguard Group Inc. lifted its stake in shares of Winmark by 2.3% in 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. Finally, Bessemer Group Inc. grew its holdings 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 purchasing an additional 3,512 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

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.