Insider Selling: Winmark Co. (NASDAQ:WINA) CFO Sells 2,400 Shares of Stock

Winmark Co. (NASDAQ:WINA) CFO Anthony D. Ishaug sold 2,400 shares of the stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $382.59, for a total transaction of $918,216.00. Following the transaction, the chief financial officer now directly owns 53,875 shares of the company’s stock, valued at $20,612,036.25. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Winmark Price Performance

Shares of Winmark stock traded up $3.75 on Friday, reaching $385.77. 17,380 shares of the company traded hands, compared to its average volume of 27,411. Winmark Co. has a 52 week low of $330.25 and a 52 week high of $451.30. The company has a 50 day moving average of $366.88 and a 200 day moving average of $364.65. The firm has a market capitalization of $1.35 billion, a PE ratio of 35.23 and a beta of 0.79.

Winmark (NASDAQ:WINA) last issued its earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.13). Winmark had a net margin of 48.57% and a negative return on equity of 85.12%. The business had revenue of $21.51 million for the quarter.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Wednesday, November 13th will be issued a dividend of $8.40 per share. This represents a $33.60 dividend on an annualized basis and a dividend yield of 8.71%. This is a boost from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, November 13th. Winmark’s dividend payout ratio (DPR) is currently 32.88%.

Hedge Funds Weigh In On Winmark

A number of large investors have recently bought and sold shares of the stock. nVerses Capital LLC bought a new stake in shares of Winmark during the third quarter valued at approximately $77,000. Exchange Traded Concepts LLC bought a new stake in shares of Winmark during the third quarter valued at approximately $304,000. CWM LLC raised its stake in Winmark by 110.9% during the third quarter. CWM LLC now owns 213 shares of the specialty retailer’s stock valued at $82,000 after buying an additional 112 shares during the last quarter. Centaurus Financial Inc. purchased a new position in Winmark during the second quarter valued at $122,000. Finally, Clifford Capital Partners LLC raised its stake in Winmark by 33.3% during the second quarter. Clifford Capital Partners LLC now owns 1,892 shares of the specialty retailer’s stock valued at $667,000 after buying an additional 473 shares during the last quarter. 73.32% of the stock is 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.