Roundview Capital LLC Invests $1.06 Million in Winmark Corporation $WINA

Key Points

• Roundview Capital LLC has invested approximately $1.06 million in Winmark Corporation, acquiring 2,803 shares during the second quarter.
• Insider transactions reveal CEO Brett D. Heffes sold nearly 5,000 shares for over $2.25 million, reducing his ownership by 4.16%.
• Winmark recently announced a quarterly dividend of $0.96, yielding about 0.8%, with a payout ratio of 34.19%.

Roundview Capital LLC bought a new position in shares of Winmark Corporation (NASDAQ:WINA - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,803 shares of the specialty retailer's stock, valued at approximately $1,058,000. Roundview Capital LLC owned approximately 0.08% of Winmark at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. National Bank of Canada FI lifted its position in shares of Winmark by 147.3% during the first quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer's stock worth $43,000 after purchasing an additional 81 shares in the last quarter. KLP Kapitalforvaltning AS lifted its position in shares of Winmark by 16.7% during the second quarter. KLP Kapitalforvaltning AS now owns 700 shares of the specialty retailer's stock worth $264,000 after purchasing an additional 100 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Winmark during the first quarter worth approximately $233,000. Dynamic Technology Lab Private Ltd lifted its position in shares of Winmark by 36.8% during the first quarter. Dynamic Technology Lab Private Ltd now owns 766 shares of the specialty retailer's stock worth $243,000 after purchasing an additional 206 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Winmark by 8.3% during the first quarter. Exchange Traded Concepts LLC now owns 785 shares of the specialty retailer's stock worth $250,000 after purchasing an additional 60 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Winmark

In other Winmark news, CEO Brett D. Heffes sold 4,971 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $453.89, for a total value of $2,256,287.19. Following the completion of the sale, the chief executive officer owned 114,400 shares of the company's stock, valued at approximately $51,925,016. This represents a 4.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lawrence A. Barbetta sold 852 shares of the company's stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $505.02, for a total transaction of $430,277.04. Following the completion of the sale, the director directly owned 649 shares of the company's stock, valued at $327,757.98. The trade was a 56.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,264 shares of company stock valued at $3,797,366 in the last ninety days. Insiders own 10.10% of the company's stock.

Winmark Price Performance

Shares of NASDAQ WINA opened at $495.40 on Wednesday. The company's 50 day simple moving average is $459.63 and its 200 day simple moving average is $407.10. Winmark Corporation has a fifty-two week low of $295.79 and a fifty-two week high of $527.37. The firm has a market capitalization of $1.76 billion, a P/E ratio of 44.11 and a beta of 0.71.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The specialty retailer reported $2.89 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.01. Winmark had a net margin of 49.48% and a negative return on equity of 98.49%. The business had revenue of $20.42 million for the quarter, compared to analyst estimates of $20.31 million.

Winmark Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Wednesday, August 13th were paid a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, August 13th. Winmark's dividend payout ratio is presently 34.19%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "buy (b-)" rating on shares of Winmark in a report on Saturday, September 27th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy".

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.

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