Winmark Co. (NASDAQ:WINA) Director Sells $236,167.47 in Stock

Winmark Co. (NASDAQ:WINA) Director Lawrence A. Barbetta sold 583 shares of the stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $405.09, for a total transaction of $236,167.47. Following the completion of the sale, the director now directly owns 7,058 shares in the company, valued at approximately $2,859,125.22. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Winmark Stock Down 4.5 %

Shares of WINA opened at $378.00 on Friday. The firm has a 50-day moving average price of $365.44 and a 200 day moving average price of $364.12. The firm has a market capitalization of $1.32 billion, a PE ratio of 34.52 and a beta of 0.81. Winmark Co. has a 52-week low of $330.25 and a 52-week high of $451.30.

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

Winmark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 14th will be given a dividend of $0.90 per share. The ex-dividend date is Wednesday, August 14th. This represents a $3.60 annualized dividend and a dividend yield of 0.95%. Winmark’s dividend payout ratio (DPR) is 32.88%.

Hedge Funds Weigh In On Winmark

Large investors have recently made changes to their positions in the business. Ables Iannone Moore & Associates Inc. bought a new position in shares of Winmark during the 4th quarter valued at about $29,000. Unique Wealth Strategies LLC bought a new position in shares of Winmark during the 2nd quarter valued at about $36,000. CWM LLC boosted its position in shares of Winmark by 197.1% during the 2nd quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 67 shares in the last quarter. AJOVista LLC bought a new position in shares of Winmark during the 4th quarter valued at about $43,000. Finally, Comerica Bank boosted its position in shares of Winmark by 673.1% during the 1st quarter. Comerica Bank now owns 201 shares of the specialty retailer’s stock valued at $73,000 after purchasing an additional 175 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.