Winmark Co. (NASDAQ:WINA) Major Shareholder Ronald G. Olson Sells 3,659 Shares

Winmark Co. (NASDAQ:WINA) major shareholder Ronald G. Olson sold 3,659 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the sale, the insider now owns 146,335 shares of the company’s stock, valued at approximately $62,076,770.35. This represents a 2.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Winmark Trading Down 0.6 %

WINA traded down $2.46 during trading on Tuesday, hitting $419.85. 13,384 shares of the company’s stock were exchanged, compared to its average volume of 26,391. Winmark Co. has a 1 year low of $330.25 and a 1 year high of $451.30. The stock has a 50 day moving average price of $383.75 and a 200 day moving average price of $371.24. The firm has a market cap of $1.48 billion, a P/E ratio of 38.19 and a beta of 0.80.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.16 by ($0.13). The business had revenue of $21.51 million for the quarter. Winmark had a negative return on equity of 85.43% and a net margin of 49.02%.

Winmark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th will be paid a $8.40 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This is an increase from Winmark’s previous quarterly dividend of $0.90. This represents a $33.60 annualized dividend and a dividend yield of 8.00%. Winmark’s dividend payout ratio is 32.94%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in shares of Winmark by 0.3% in the second quarter. Commonwealth Equity Services LLC now owns 14,186 shares of the specialty retailer’s stock valued at $5,003,000 after purchasing an additional 41 shares during the period. CWM LLC raised its holdings in Winmark by 197.1% in the second quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock valued at $36,000 after acquiring an additional 67 shares in the last quarter. Cavalier Investments LLC raised its holdings in Winmark by 4.2% in the third quarter. Cavalier Investments LLC now owns 1,694 shares of the specialty retailer’s stock valued at $649,000 after acquiring an additional 69 shares in the last quarter. Unique Wealth Strategies LLC acquired a new stake in Winmark in the second quarter valued at $36,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in Winmark by 14.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 816 shares of the specialty retailer’s stock valued at $296,000 after acquiring an additional 103 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

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.