Winmark Co. (NASDAQ:WINA) CFO Sells $1,546,040.00 in Stock

Winmark Co. (NASDAQ:WINA) CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the transaction, the chief financial officer now owns 51,783 shares in the company, valued at approximately $20,014,647.33. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Winmark Stock Performance

Shares of Winmark stock traded down $2.20 on Wednesday, hitting $371.80. 18,421 shares of the company’s stock were exchanged, compared to its average volume of 28,556. The company has a 50-day simple moving average of $362.20 and a 200-day simple moving average of $390.17. The stock has a market capitalization of $1.30 billion, a PE ratio of 33.95 and a beta of 0.85. Winmark Co. has a 1 year low of $308.92 and a 1 year high of $451.30.

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

Winmark Increases Dividend

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

Institutional Trading of Winmark

Several hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC lifted its stake in Winmark by 252.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,942 shares of the specialty retailer’s stock worth $1,064,000 after purchasing an additional 2,107 shares in the last quarter. DGS Capital Management LLC lifted its stake in Winmark by 13.6% in the 1st quarter. DGS Capital Management LLC now owns 3,769 shares of the specialty retailer’s stock worth $1,363,000 after purchasing an additional 452 shares in the last quarter. Mountain Pacific Investment Advisers Inc. ID lifted its stake in Winmark by 7.7% in the 1st quarter. Mountain Pacific Investment Advisers Inc. ID now owns 27,667 shares of the specialty retailer’s stock worth $10,007,000 after purchasing an additional 1,982 shares in the last quarter. Congress Asset Management Co. MA purchased a new stake in Winmark in the 1st quarter worth $2,085,000. Finally, Ables Iannone Moore & Associates Inc. bought a new stake in shares of Winmark in the 4th quarter worth about $29,000. Hedge funds and other 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.