Winmark Co. (NASDAQ:WINA - Get Free Report) CFO Anthony D. Ishaug sold 2,400 shares of the company's stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $382.59, for a total value 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 represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Winmark Trading Up 1.0 %
WINA stock opened at $385.77 on Friday. The firm has a 50 day moving average of $366.88 and a 200-day moving average of $364.65. The firm has a market capitalization of $1.35 billion, a P/E ratio of 35.23 and a beta of 0.79. Winmark Co. has a 12 month low of $330.25 and a 12 month high of $451.30.
Winmark (NASDAQ:WINA - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 EPS for the quarter, missing analysts' consensus estimates of $3.16 by ($0.13). Winmark had a net margin of 48.57% and a negative return on equity of 85.12%. The firm had revenue of $21.51 million for the quarter.
Winmark Increases Dividend
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The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th will be issued a $8.40 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $33.60 annualized dividend and a dividend yield of 8.71%. This is a boost from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio (DPR) is presently 32.88%.
Institutional Trading of Winmark
A number of large investors have recently modified their holdings of WINA. Unique Wealth Strategies LLC purchased a new stake in Winmark in the second quarter valued at approximately $36,000. CWM LLC increased its holdings in shares of Winmark by 197.1% in the 2nd quarter. CWM LLC now owns 101 shares of the specialty retailer's stock worth $36,000 after buying an additional 67 shares during the last quarter. nVerses Capital LLC purchased a new stake in shares of Winmark during the 3rd quarter valued at $77,000. Comerica Bank lifted its holdings in shares of Winmark by 673.1% during the 1st quarter. Comerica Bank now owns 201 shares of the specialty retailer's stock worth $73,000 after acquiring an additional 175 shares during the last quarter. Finally, Gladius Capital Management LP raised its position in Winmark by 116.8% during the second quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer's stock valued at $73,000 after purchasing an additional 111 shares in the last quarter. Institutional investors own 73.32% of the company's stock.
Winmark Company Profile
(
Get Free Report)
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.
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