Winmark Co. (NASDAQ:WINA) insider Steven C. Zola sold 1,362 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $170.31, for a total value of $231,962.22. Following the transaction, the insider now directly owns 2,003 shares of the company’s stock, valued at $341,130.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
WINA stock traded down $1.05 on Friday, reaching $174.73. The company’s stock had a trading volume of 2,065 shares, compared to its average volume of 4,537. Winmark Co. has a 52 week low of $141.10 and a 52 week high of $194.85. The firm has a market capitalization of $662.06 million, a price-to-earnings ratio of 23.83 and a beta of 0.28.
Winmark (NASDAQ:WINA) last released its earnings results on Wednesday, April 17th. The specialty retailer reported $1.73 earnings per share for the quarter. Winmark had a negative return on equity of 207.22% and a net margin of 41.88%. The firm had revenue of $18.33 million during the quarter.
The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.57%. This is an increase from Winmark’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, May 7th.
Separately, BidaskClub raised Winmark from a “hold” rating to a “buy” rating in a report on Tuesday, March 5th.
A number of institutional investors have recently bought and sold shares of WINA. Legal & General Group Plc boosted its holdings in Winmark by 22.3% during the fourth quarter. Legal & General Group Plc now owns 456 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 83 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in shares of Winmark in the fourth quarter valued at about $75,000. BNP Paribas Arbitrage SA lifted its stake in shares of Winmark by 53,200.0% in the first quarter. BNP Paribas Arbitrage SA now owns 533 shares of the specialty retailer’s stock valued at $101,000 after buying an additional 532 shares during the period. First Manhattan Co. lifted its stake in shares of Winmark by 40.0% in the fourth quarter. First Manhattan Co. now owns 700 shares of the specialty retailer’s stock valued at $111,000 after buying an additional 200 shares during the period. Finally, Metropolitan Life Insurance Co. NY lifted its stake in Winmark by 361.6% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 877 shares of the specialty retailer’s stock worth $139,000 after purchasing an additional 687 shares during the period. 54.22% of the stock is currently owned by hedge funds and other institutional investors.
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Winmark Company Profile
Winmark Corporation operates as a franchisor of 5 retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names.
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