GAMMA Investing LLC Raises Position in Winmark Corporation (NASDAQ:WINA)

GAMMA Investing LLC boosted its position in Winmark Corporation (NASDAQ:WINA - Free Report) by 21,093.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,179 shares of the specialty retailer's stock after purchasing an additional 3,164 shares during the quarter. GAMMA Investing LLC owned about 0.09% of Winmark worth $1,011,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of WINA. Neuberger Berman Group LLC boosted its position in shares of Winmark by 2.0% during the 4th quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer's stock valued at $131,000,000 after acquiring an additional 6,521 shares during the last quarter. Vanguard Group Inc. raised its stake in Winmark by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 168,952 shares of the specialty retailer's stock valued at $66,410,000 after purchasing an additional 1,389 shares in the last quarter. William Blair Investment Management LLC raised its stake in Winmark by 17.7% in the fourth quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock valued at $33,334,000 after purchasing an additional 12,755 shares in the last quarter. Nine Ten Capital Management LLC lifted its position in Winmark by 5.5% during the fourth quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer's stock valued at $32,979,000 after purchasing an additional 4,400 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Winmark by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 71,451 shares of the specialty retailer's stock worth $28,092,000 after buying an additional 266 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Anthony D. Ishaug sold 4,000 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $425.95, for a total value of $1,703,800.00. Following the completion of the sale, the chief financial officer now owns 56,683 shares in the company, valued at $24,144,123.85. The trade was a 6.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 10.10% of the company's stock.

Winmark Trading Down 1.0%

Shares of NASDAQ:WINA traded down $4.46 during trading on Friday, reaching $445.88. The company had a trading volume of 167,153 shares, compared to its average volume of 87,458. The company has a fifty day moving average of $396.78 and a two-hundred day moving average of $375.93. The stock has a market capitalization of $1.57 billion, a P/E ratio of 39.85 and a beta of 0.61. Winmark Corporation has a 12 month low of $295.79 and a 12 month high of $459.92.

Winmark (NASDAQ:WINA - Get Free Report) last announced its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.74 by ($0.03). The company had revenue of $21.92 million during the quarter, compared to analysts' expectations of $20.91 million. Winmark had a negative return on equity of 95.03% and a net margin of 49.45%. During the same quarter last year, the firm posted $2.41 earnings per share.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 14th were issued a $0.96 dividend. This is a boost from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend was Wednesday, May 14th. Winmark's dividend payout ratio is presently 34.32%.

About Winmark

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.