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

Winmark Co. (NASDAQ:WINA) CFO Anthony D. Ishaug sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the sale, the chief financial officer now owns 51,783 shares in the company, valued at $20,014,647.33. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Winmark Stock Down 1.6 %

Winmark stock opened at $365.67 on Friday. The company has a 50 day moving average of $361.85 and a 200-day moving average of $390.04. Winmark Co. has a twelve month low of $308.92 and a twelve month high of $451.30. The stock has a market capitalization of $1.28 billion, a PE ratio of 33.39 and a beta of 0.85.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share for the quarter. Winmark had a net margin of 48.36% and a negative return on equity of 84.36%. The firm had revenue of $20.11 million during the quarter.

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.90 per share. The ex-dividend date is Tuesday, May 14th. This is a boost from Winmark’s previous quarterly dividend of $0.80. This represents a $3.60 annualized dividend and a yield of 0.98%. Winmark’s payout ratio is 29.22%.

Hedge Funds Weigh In On Winmark

A number of large investors have recently modified their holdings of the business. Mountain Pacific Investment Advisers Inc. ID boosted its position in Winmark by 3.8% during the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 20,878 shares of the specialty retailer’s stock valued at $7,790,000 after purchasing an additional 768 shares during the last quarter. Cavalier Investments LLC boosted its holdings in shares of Winmark by 2.4% in the 3rd quarter. Cavalier Investments LLC now owns 1,514 shares of the specialty retailer’s stock valued at $565,000 after buying an additional 35 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Winmark by 8.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,076 shares of the specialty retailer’s stock valued at $775,000 after buying an additional 170 shares in the last quarter. Annex Advisory Services LLC increased its holdings in Winmark by 20.7% during the third quarter. Annex Advisory Services LLC now owns 980 shares of the specialty retailer’s stock worth $366,000 after buying an additional 168 shares during the last quarter. Finally, Principal Financial Group Inc. bought a new stake in Winmark during the third quarter worth $263,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

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.