Winmark (NASDAQ:WINA) Sees Large Volume Increase

Shares of Winmark Co. (NASDAQ:WINA - Get Free Report) saw strong trading volume on Tuesday . 44,462 shares changed hands during trading, an increase of 74% from the previous session's volume of 25,505 shares.The stock last traded at $358.88 and had previously closed at $355.93.

Analysts Set New Price Targets

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

Winmark Price Performance

The company has a market cap of $1.27 billion, a P/E ratio of 33.12 and a beta of 0.81. The company's 50-day moving average is $358.48 and its two-hundred day moving average is $372.33.

Winmark (NASDAQ:WINA - Get Free Report) last posted its earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 EPS for the quarter. Winmark had a net margin of 48.36% and a negative return on equity of 84.36%. The business had revenue of $20.11 million during the quarter.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date was Tuesday, May 14th. This is an increase from Winmark's previous quarterly dividend of $0.80. Winmark's payout ratio is 32.88%.

Insiders Place Their Bets

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $386.51, for a total value of $1,546,040.00. Following the completion of the sale, the chief financial officer now owns 51,783 shares of the company's stock, valued at approximately $20,014,647.33. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO Anthony D. Ishaug sold 4,000 shares of the company's stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total value of $1,546,040.00. Following the completion of the sale, the chief financial officer now directly owns 51,783 shares in the company, valued at approximately $20,014,647.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brett D. Heffes sold 8,290 shares of the company's stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $373.04, for a total value of $3,092,501.60. Following the completion of the sale, the chief executive officer now owns 110,000 shares of the company's stock, valued at $41,034,400. The disclosure for this sale can be found here. 10.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Winmark

A number of institutional investors have recently bought and sold shares of WINA. BNP Paribas Financial Markets boosted its holdings in shares of Winmark by 182.8% during the 4th quarter. BNP Paribas Financial Markets now owns 4,590 shares of the specialty retailer's stock valued at $1,917,000 after purchasing an additional 2,967 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of Winmark by 20.2% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 8,734 shares of the specialty retailer's stock valued at $3,259,000 after purchasing an additional 1,467 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID boosted its holdings in shares of Winmark by 23.0% during the 4th quarter. Mountain Pacific Investment Advisers Inc. ID now owns 25,685 shares of the specialty retailer's stock valued at $10,725,000 after purchasing an additional 4,807 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Winmark by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,107 shares of the specialty retailer's stock valued at $8,249,000 after purchasing an additional 1,062 shares during the last quarter. Finally, Anchor Capital Advisors LLC boosted its holdings in shares of Winmark by 14.4% during the 4th quarter. Anchor Capital Advisors LLC now owns 3,101 shares of the specialty retailer's stock valued at $1,295,000 after purchasing an additional 391 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company's stock.

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.