Anthony D. Ishaug Sells 4,000 Shares of Winmark Co. (NASDAQ:WINA) Stock

Winmark Co. (NASDAQ:WINA - Get Free Report) CFO Anthony D. Ishaug sold 4,000 shares of the stock in a transaction on Friday, May 30th. The shares were sold at an average price of $425.95, for a total value of $1,703,800.00. Following the transaction, the chief financial officer now directly owns 56,683 shares in the company, valued at $24,144,123.85. The trade was a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Winmark Stock Performance

Shares of NASDAQ WINA traded up $3.80 during midday trading on Friday, hitting $432.26. 947,977 shares of the company's stock traded hands, compared to its average volume of 43,254. The firm has a fifty day moving average of $374.97 and a 200 day moving average of $374.20. Winmark Co. has a 1 year low of $295.79 and a 1 year high of $434.87. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 39.69 and a beta of 0.61.

Winmark (NASDAQ:WINA - Get Free Report) last announced its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 EPS for the quarter, missing analysts' consensus estimates of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $21.92 million for the quarter, compared to analysts' expectations of $20.91 million. During the same period in the prior year, the company posted $2.41 earnings per share.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors 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 yield of 0.89%. The ex-dividend date was Wednesday, May 14th. Winmark's dividend payout ratio (DPR) is currently 34.32%.

Hedge Funds Weigh In On Winmark

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Congress Asset Management Co. increased its position in Winmark by 73.3% in the fourth quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer's stock worth $6,220,000 after buying an additional 6,690 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Winmark during the 4th quarter valued at approximately $351,000. Northstar Asset Management Inc. purchased a new stake in Winmark in the 4th quarter worth approximately $1,200,000. Barclays PLC raised its stake in Winmark by 117.7% during the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer's stock worth $2,325,000 after acquiring an additional 3,284 shares during the period. Finally, SG Americas Securities LLC purchased a new position in Winmark during the fourth quarter valued at approximately $502,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

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.