Insider Selling: Winmark Co. (NASDAQ:WINA) CFO Sells 4,000 Shares of Stock

Winmark Co. (NASDAQ:WINA - Get Free Report) CFO Anthony D. Ishaug sold 4,000 shares of the business's stock in a transaction on 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 transaction, the chief financial officer now directly owns 56,683 shares in the company, valued at approximately $24,144,123.85. This represents a 6.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Winmark Trading Up 1.4%

Shares of WINA traded up $5.81 during trading hours on Thursday, hitting $426.84. 23,082 shares of the stock traded hands, compared to its average volume of 36,156. Winmark Co. has a 1-year low of $295.79 and a 1-year high of $434.87. The firm has a market capitalization of $1.51 billion, a PE ratio of 39.03 and a beta of 0.54. The business has a fifty day moving average of $372.76 and a 200-day moving average of $374.00.

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

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 14th were issued a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date was Wednesday, May 14th. This is an increase from Winmark's previous quarterly dividend of $0.90. Winmark's dividend payout ratio is currently 34.32%.

Institutional Investors Weigh In On Winmark

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Neuberger Berman Group LLC increased its holdings in Winmark by 2.0% in the fourth quarter. Neuberger Berman Group LLC now owns 333,273 shares of the specialty retailer's stock valued at $131,000,000 after purchasing an additional 6,521 shares during the last quarter. Vanguard Group Inc. increased its holdings in Winmark by 1.4% in the first quarter. Vanguard Group Inc. now owns 171,334 shares of the specialty retailer's stock valued at $54,462,000 after purchasing an additional 2,382 shares during the last quarter. William Blair Investment Management LLC increased its holdings in Winmark by 17.7% in the fourth quarter. William Blair Investment Management LLC now owns 84,803 shares of the specialty retailer's stock valued at $33,334,000 after purchasing an additional 12,755 shares during the last quarter. Nine Ten Capital Management LLC increased its holdings in shares of Winmark by 5.5% in the fourth quarter. Nine Ten Capital Management LLC now owns 83,900 shares of the specialty retailer's stock worth $32,979,000 after acquiring an additional 4,400 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Winmark by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 71,451 shares of the specialty retailer's stock worth $28,092,000 after acquiring an additional 266 shares in the last quarter. Institutional investors own 73.32% of the company's stock.

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.