Separately, ValuEngine cut Winmark from a hold rating to a sell rating in a report on Thursday, August 1st.
NASDAQ WINA opened at $160.95 on Thursday. Winmark has a 1-year low of $144.36 and a 1-year high of $194.85. The business’s fifty day moving average price is $165.96 and its 200-day moving average price is $173.24. The stock has a market capitalization of $626.04 million, a price-to-earnings ratio of 22.50 and a beta of 0.24.
Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, July 17th. The specialty retailer reported $1.79 EPS for the quarter. The company had revenue of $17.40 million for the quarter. Winmark had a negative return on equity of 236.11% and a net margin of 42.54%.
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were given a $0.25 dividend. The ex-dividend date was Tuesday, August 6th. This represents a $1.00 annualized dividend and a yield of 0.62%.
In other news, VP Renae M. Gaudette sold 450 shares of Winmark stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $163.06, for a total transaction of $73,377.00. Following the completion of the sale, the vice president now owns 6,675 shares of the company’s stock, valued at $1,088,425.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Leah A. Goff sold 1,675 shares of Winmark stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $164.36, for a total transaction of $275,303.00. Following the sale, the vice president now directly owns 10,500 shares of the company’s stock, valued at approximately $1,725,780. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,792 shares of company stock valued at $4,570,344. 31.30% of the stock is currently owned by company insiders.
Several institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in Winmark by 6.7% in the second quarter. Royal Bank of Canada now owns 2,200 shares of the specialty retailer’s stock worth $381,000 after buying an additional 139 shares in the last quarter. Bahl & Gaynor Inc. grew its holdings in shares of Winmark by 2.2% during the 2nd quarter. Bahl & Gaynor Inc. now owns 6,515 shares of the specialty retailer’s stock worth $1,128,000 after purchasing an additional 141 shares in the last quarter. Zions Bancorporation N.A. acquired a new stake in shares of Winmark during the 2nd quarter worth $30,000. Bank of Montreal Can acquired a new stake in shares of Winmark during the 2nd quarter worth $35,000. Finally, Swiss National Bank grew its holdings in shares of Winmark by 6.5% during the 2nd quarter. Swiss National Bank now owns 4,900 shares of the specialty retailer’s stock worth $848,000 after purchasing an additional 300 shares in the last quarter. 54.20% of the stock is owned by hedge funds and other institutional investors.
Winmark Corporation operates as a franchisor of 5 retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names.
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