Winmark Co. (NASDAQ:WINA) COO Renae M. Gaudette Sells 1,500 Shares

Winmark Co. (NASDAQ:WINA) COO Renae M. Gaudette sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $380.11, for a total value of $570,165.00. Following the completion of the sale, the chief operating officer now directly owns 15,060 shares in the company, valued at $5,724,456.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Winmark Stock Performance

Shares of WINA traded up $5.77 during mid-day trading on Monday, hitting $377.00. The company’s stock had a trading volume of 16,665 shares, compared to its average volume of 27,056. The stock’s 50-day moving average is $367.90 and its two-hundred day moving average is $366.19. The firm has a market capitalization of $1.32 billion, a PE ratio of 33.90 and a beta of 0.79. Winmark Co. has a one year low of $330.25 and a one year high of $451.30.

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

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Wednesday, November 13th will be paid a dividend of $8.40 per share. This represents a $33.60 annualized dividend and a yield of 8.91%. This is a positive change from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date is Wednesday, November 13th. Winmark’s payout ratio is currently 32.88%.

Institutional Trading of Winmark

Hedge funds have recently modified their holdings of the company. Unique Wealth Strategies LLC bought a new stake in shares of Winmark during the second quarter valued at approximately $36,000. CWM LLC lifted its holdings in shares of Winmark by 197.1% during the 2nd quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock worth $36,000 after acquiring an additional 67 shares during the period. Gladius Capital Management LP boosted its position in shares of Winmark by 116.8% during the 2nd quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer’s stock valued at $73,000 after acquiring an additional 111 shares in the last quarter. Comerica Bank raised its position in Winmark by 673.1% in the first quarter. Comerica Bank now owns 201 shares of the specialty retailer’s stock worth $73,000 after purchasing an additional 175 shares in the last quarter. Finally, nVerses Capital LLC acquired a new position in Winmark in the third quarter worth about $77,000. 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.