Ronald G. Olson Sells 900 Shares of Winmark Co. (WINA) Stock

Winmark Co. (NASDAQ:WINA) major shareholder Ronald G. Olson sold 900 shares of Winmark stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $171.00, for a total value of $153,900.00. Following the completion of the sale, the insider now directly owns 470,798 shares of the company’s stock, valued at $80,506,458. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Winmark stock traded down $0.62 during trading on Thursday, reaching $169.04. 1,473 shares of the company were exchanged, compared to its average volume of 4,059. Winmark Co. has a twelve month low of $127.80 and a twelve month high of $187.10. The stock has a market cap of $664.56 million, a PE ratio of 23.42 and a beta of 0.13.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Wednesday, February 6th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.35%.



Institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc grew its stake in shares of Winmark by 22.3% during the fourth quarter. Legal & General Group Plc now owns 456 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 83 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of Winmark during the fourth quarter worth $75,000. First Manhattan Co. grew its stake in shares of Winmark by 40.0% during the fourth quarter. First Manhattan Co. now owns 700 shares of the specialty retailer’s stock worth $111,000 after purchasing an additional 200 shares during the period. Metropolitan Life Insurance Co. NY grew its stake in shares of 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. Finally, Schroder Investment Management Group acquired a new stake in shares of Winmark during the third quarter worth $189,000. 51.31% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub cut Winmark from a “buy” rating to a “hold” rating in a research note on Tuesday, January 15th.

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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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