Winmark Co. (NASDAQ:WINA) CEO Brett D. Heffes Sells 8,290 Shares

Winmark Co. (NASDAQ:WINA) CEO Brett D. Heffes sold 8,290 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 110,000 shares in the company, valued at $41,034,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Winmark Price Performance

Shares of NASDAQ WINA opened at $371.80 on Thursday. The business’s 50 day moving average is $362.20 and its two-hundred day moving average is $390.17. Winmark Co. has a 1-year low of $308.92 and a 1-year high of $451.30. The stock has a market capitalization of $1.30 billion, a P/E ratio of 33.95 and a beta of 0.85.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share for the quarter. The company had revenue of $20.11 million for the quarter. Winmark had a negative return on equity of 84.36% and a net margin of 48.36%.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.90 per share. This is a boost from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date is Tuesday, May 14th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.97%. Winmark’s dividend payout ratio is currently 29.22%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Ables Iannone Moore & Associates Inc. bought a new position in shares of Winmark during the fourth quarter valued at approximately $29,000. AJOVista LLC purchased a new stake in Winmark during the fourth quarter worth $43,000. Huntington National Bank lifted its holdings in Winmark by 24.1% during the third quarter. Huntington National Bank now owns 170 shares of the specialty retailer’s stock worth $63,000 after buying an additional 33 shares during the period. SG Americas Securities LLC purchased a new stake in Winmark during the fourth quarter worth $141,000. Finally, Principal Financial Group Inc. purchased a new stake in Winmark during the third quarter worth $263,000. 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.