Winmark Co. (NASDAQ:WINA) COO Sells $570,165.00 in Stock

Winmark Co. (NASDAQ:WINA - Get Free Report) COO Renae M. Gaudette sold 1,500 shares of Winmark stock in a transaction on Friday, October 25th. The stock was sold at an average price of $380.11, for a total value of $570,165.00. Following the completion of the transaction, the chief operating officer now owns 15,060 shares in the company, valued at $5,724,456.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Winmark Stock Up 1.6 %

Shares of NASDAQ WINA traded up $5.77 during mid-day trading on Monday, hitting $377.00. 16,665 shares of the company traded hands, compared to its average volume of 27,056. The business has a 50 day moving average of $367.90 and a two-hundred day moving average of $366.19. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 33.90 and a beta of 0.79. Winmark Co. has a 1 year low of $330.25 and a 1 year high of $451.30.

Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.13). Winmark had a net margin of 49.02% and a negative return on equity of 85.43%. The firm had revenue of $21.51 million during the quarter.

Winmark Increases Dividend

The firm 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 represents a $33.60 annualized dividend and a yield of 8.91%. This is a positive change from Winmark's previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, November 13th. Winmark's payout ratio is presently 32.88%.

Institutional Investors Weigh In On Winmark

Institutional investors have recently bought and sold shares of the business. Unique Wealth Strategies LLC bought a new stake in Winmark during the second quarter worth approximately $36,000. CWM LLC boosted its holdings in shares of Winmark by 197.1% during 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 period. Gladius Capital Management LP grew its stake in Winmark by 116.8% in the 2nd quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer's stock valued at $73,000 after buying an additional 111 shares during the last quarter. Comerica Bank raised its holdings in Winmark by 673.1% in 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 period. Finally, nVerses Capital LLC bought a new position in Winmark in the 3rd quarter worth $77,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

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.

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