Winmark Corporation $WINA Shares Purchased by Walleye Capital LLC

Key Points

• Walleye Capital LLC increased its ownership in Winmark Corporation by 73.9% during Q1, holding 2,793 shares valued at approximately $888,000.
• Winmark recently reported an EPS of $2.89 for the last quarter, slightly surpassing the consensus estimate by $0.01, alongside a revenue of $20.42 million.
• The company declared a dividend of $0.96 to be paid on September 2nd, with an annualized yield of 0.8% and a payout ratio of 34.19%.

Walleye Capital LLC raised its position in Winmark Corporation (NASDAQ:WINA - Free Report) by 73.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,793 shares of the specialty retailer's stock after purchasing an additional 1,187 shares during the period. Walleye Capital LLC owned about 0.08% of Winmark worth $888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WINA. Mariner LLC lifted its holdings in shares of Winmark by 10.0% during the 4th quarter. Mariner LLC now owns 866 shares of the specialty retailer's stock worth $340,000 after acquiring an additional 79 shares during the period. MetLife Investment Management LLC lifted its holdings in shares of Winmark by 6.0% during the 4th quarter. MetLife Investment Management LLC now owns 1,753 shares of the specialty retailer's stock worth $689,000 after acquiring an additional 99 shares during the period. Stifel Financial Corp lifted its holdings in shares of Winmark by 9.5% during the 4th quarter. Stifel Financial Corp now owns 4,337 shares of the specialty retailer's stock worth $1,705,000 after acquiring an additional 376 shares during the period. Susquehanna International Group LLP lifted its holdings in shares of Winmark by 138.3% during the 4th quarter. Susquehanna International Group LLP now owns 4,397 shares of the specialty retailer's stock worth $1,728,000 after acquiring an additional 2,552 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Winmark by 18.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,141 shares of the specialty retailer's stock worth $449,000 after acquiring an additional 180 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

Winmark Stock Up 0.2%

Shares of WINA stock traded up $0.80 during trading hours on Friday, hitting $480.49. 27,049 shares of the company were exchanged, compared to its average volume of 84,358. The firm has a market cap of $1.71 billion, a PE ratio of 42.97 and a beta of 0.65. Winmark Corporation has a 1 year low of $295.79 and a 1 year high of $493.12. The firm has a fifty day moving average of $402.30 and a 200 day moving average of $379.24.

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, topping the consensus estimate of $2.88 by $0.01. The business had revenue of $20.42 million for the quarter, compared to analyst estimates of $20.31 million. Winmark had a net margin of 49.48% and a negative return on equity of 98.49%.

Winmark Dividend Announcement

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

Insiders Place Their Bets

In other Winmark news, CEO Brett D. Heffes sold 4,971 shares of Winmark stock in a transaction that occurred on 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 of the company's stock, valued at $51,925,016. The trade was a 4.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 10.10% of the stock is currently owned by company insiders.

Winmark 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.