TrueMark Investments LLC Invests $487,000 in Winmark Corporation (NASDAQ:WINA)

TrueMark Investments LLC purchased a new stake in Winmark Corporation (NASDAQ:WINA - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,533 shares of the specialty retailer's stock, valued at approximately $487,000.

Several other institutional investors have also recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. bought a new stake in Winmark during the 4th quarter worth about $31,000. Sterling Capital Management LLC grew its position in shares of Winmark by 820.0% during the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock worth $36,000 after buying an additional 82 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Winmark by 145.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock worth $93,000 after buying an additional 141 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Winmark during the fourth quarter worth approximately $146,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Winmark in the fourth quarter valued at approximately $220,000. Institutional investors own 73.32% of the company's stock.

Winmark Stock Down 0.7%

WINA stock traded down $2.76 during midday trading on Thursday, reaching $379.10. The company's stock had a trading volume of 169,357 shares, compared to its average volume of 56,506. The business's 50-day simple moving average is $403.14 and its 200-day simple moving average is $375.56. Winmark Corporation has a 52 week low of $295.79 and a 52 week high of $459.93. The stock has a market cap of $1.34 billion, a PE ratio of 33.88 and a beta of 0.61.

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

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th were paid a $0.96 dividend. This is a positive change from Winmark's previous quarterly dividend of $0.90. The ex-dividend date was Wednesday, May 14th. This represents a $3.84 annualized dividend and a yield of 1.01%. Winmark's dividend payout ratio is presently 34.32%.

Insiders Place Their Bets

In other news, CFO Anthony D. Ishaug sold 4,000 shares of the company's stock in a transaction dated 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 directly owns 56,683 shares of the company's stock, valued at $24,144,123.85. This represents a 6.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 10.10% 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.