Millennium Management LLC Has $4.93 Million Holdings in Winmark Co. (NASDAQ:WINA)

Millennium Management LLC reduced its position in Winmark Co. (NASDAQ:WINA - Free Report) by 43.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,986 shares of the specialty retailer's stock after selling 10,830 shares during the period. Millennium Management LLC owned about 0.40% of Winmark worth $4,932,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of WINA. Congress Asset Management Co. MA acquired a new position in shares of Winmark during the 1st quarter valued at about $2,085,000. AltraVue Capital LLC boosted its stake in Winmark by 95.2% during the 2nd quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer's stock valued at $51,454,000 after purchasing an additional 71,145 shares during the period. Victory Capital Management Inc. boosted its stake in Winmark by 55.8% during the 2nd quarter. Victory Capital Management Inc. now owns 3,726 shares of the specialty retailer's stock valued at $1,314,000 after purchasing an additional 1,334 shares during the period. Envestnet Asset Management Inc. boosted its stake in Winmark by 30.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,373 shares of the specialty retailer's stock valued at $4,011,000 after purchasing an additional 2,653 shares during the period. Finally, Liontrust Investment Partners LLP boosted its stake in Winmark by 35.4% during the 2nd quarter. Liontrust Investment Partners LLP now owns 11,043 shares of the specialty retailer's stock valued at $3,894,000 after purchasing an additional 2,888 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Winmark news, Director Lawrence A. Barbetta sold 124 shares of the firm's stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $403.34, for a total value of $50,014.16. Following the completion of the sale, the director now owns 6,934 shares in the company, valued at approximately $2,796,759.56. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Lawrence A. Barbetta sold 124 shares of the firm's stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $403.34, for a total transaction of $50,014.16. Following the completion of the transaction, the director now owns 6,934 shares in the company, valued at $2,796,759.56. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lawrence A. Barbetta sold 2,412 shares of the firm's stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total value of $953,463.60. Following the transaction, the director now owns 4,522 shares of the company's stock, valued at $1,787,546.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,119 shares of company stock worth $1,239,645. 10.60% of the stock is currently owned by company insiders.

Winmark Trading Up 1.8 %

NASDAQ:WINA traded up $6.38 during mid-day trading on Friday, hitting $367.84. 17,026 shares of the company's stock traded hands, compared to its average volume of 27,616. The firm has a 50 day moving average of $365.04 and a two-hundred day moving average of $364.21. Winmark Co. has a 12 month low of $330.25 and a 12 month high of $451.30. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 33.59 and a beta of 0.79.

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

Winmark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 14th were given a $0.90 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.98%. Winmark's dividend payout ratio is currently 32.88%.

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.