Winmark Corporation $WINA Shares Purchased by Mountain Pacific Investment Advisers LLC

Key Points

• Mountain Pacific Investment Advisers LLC increased its holdings in Winmark Corporation (NASDAQ:WINA) by 9.6%, now owning 33,797 shares valued at approximately $12.76 million.
• Winmark recently declared a quarterly dividend of $0.96 per share, equating to an annualized dividend of $3.84, with a dividend yield of 0.7% and a payout ratio of 34.19%.
• Winmark's stock price is currently at $513.95, with a 52-week range between $295.79 and $518.48, indicating strong market performance and investor interest.

Mountain Pacific Investment Advisers LLC grew its holdings in shares of Winmark Corporation (NASDAQ:WINA - Free Report) by 9.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,797 shares of the specialty retailer's stock after purchasing an additional 2,949 shares during the period. Mountain Pacific Investment Advisers LLC owned 0.95% of Winmark worth $12,762,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WINA. GAMMA Investing LLC raised its stake in Winmark by 21,093.3% during the first quarter. GAMMA Investing LLC now owns 3,179 shares of the specialty retailer's stock worth $1,011,000 after acquiring an additional 3,164 shares during the period. Rhumbline Advisers grew its holdings in shares of Winmark by 23.1% during the first quarter. Rhumbline Advisers now owns 11,164 shares of the specialty retailer's stock valued at $3,549,000 after purchasing an additional 2,096 shares during the last quarter. Annex Advisory Services LLC raised its position in shares of Winmark by 19.8% during the 1st quarter. Annex Advisory Services LLC now owns 3,352 shares of the specialty retailer's stock worth $1,066,000 after purchasing an additional 555 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of Winmark by 8.3% in the 1st quarter. Exchange Traded Concepts LLC now owns 785 shares of the specialty retailer's stock worth $250,000 after purchasing an additional 60 shares during the last quarter. Finally, CWA Asset Management Group LLC boosted its holdings in shares of Winmark by 3.1% during the first quarter. CWA Asset Management Group LLC now owns 13,586 shares of the specialty retailer's stock valued at $4,319,000 after acquiring an additional 411 shares during the period. 73.32% of the stock is currently owned by institutional investors.

Winmark Trading Up 3.3%

NASDAQ WINA opened at $513.95 on Thursday. The company has a 50-day moving average price of $449.47 and a two-hundred day moving average price of $401.36. Winmark Corporation has a 52 week low of $295.79 and a 52 week high of $518.48. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 45.77 and a beta of 0.71.

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

Winmark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Wednesday, August 13th were issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, August 13th. Winmark's dividend payout ratio (DPR) is 34.19%.

Insider Transactions at Winmark

In related news, Director Lawrence A. Barbetta sold 852 shares of the company's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $505.02, for a total value of $430,277.04. Following the completion of the sale, the director owned 649 shares of the company's stock, valued at $327,757.98. This represents a 56.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Brett D. Heffes sold 4,971 shares of the firm's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $453.89, for a total transaction of $2,256,287.19. Following the transaction, the chief executive officer directly owned 114,400 shares in the company, valued at approximately $51,925,016. The trade was a 4.16% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,264 shares of company stock worth $3,797,366. 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.

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