Winmark (WINA) Hits New 12-Month High and Low at $146.93

Shares of Winmark (NASDAQ:WINA) hit a new 52-week high and low during mid-day trading on Thursday . The stock traded as low as $146.93 and last traded at $143.20, with a volume of 3580 shares changing hands. The stock had previously closed at $142.60.

Separately, BidaskClub upgraded shares of Winmark from a “sell” rating to a “hold” rating in a research report on Saturday, May 26th.

The stock has a market cap of $534.12 million, a PE ratio of 23.88 and a beta of 0.44. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of -1.84.

Winmark (NASDAQ:WINA) last announced its earnings results on Monday, February 26th. The specialty retailer reported $1.50 earnings per share (EPS) for the quarter. Winmark had a net margin of 37.15% and a negative return on equity of 104.66%. The business had revenue of $17.81 million for the quarter.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Wednesday, May 9th will be given a $0.15 dividend. This is a positive change from Winmark’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Tuesday, May 8th. This represents a $0.60 annualized dividend and a dividend yield of 0.42%.

In other news, Director Jenele C. Grassle sold 1,728 shares of Winmark stock in a transaction dated Monday, May 7th. The shares were sold at an average price of $132.11, for a total value of $228,286.08. Following the sale, the director now owns 6,500 shares in the company, valued at $858,715. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven C. Zola sold 3,559 shares of Winmark stock in a transaction dated Monday, April 23rd. The shares were sold at an average price of $131.97, for a total transaction of $469,681.23. Following the completion of the sale, the insider now owns 2,003 shares in the company, valued at approximately $264,335.91. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,124 shares of company stock worth $1,477,146. Company insiders own 30.90% of the company’s stock.

Several large investors have recently bought and sold shares of WINA. Citigroup Inc. lifted its stake in shares of Winmark by 424.9% in the first quarter. Citigroup Inc. now owns 1,055 shares of the specialty retailer’s stock worth $138,000 after buying an additional 854 shares in the last quarter. MetLife Investment Advisors LLC purchased a new position in shares of Winmark in the fourth quarter worth about $148,000. SG Americas Securities LLC purchased a new position in shares of Winmark in the fourth quarter worth about $192,000. Wells Fargo & Company MN lifted its stake in shares of Winmark by 42.6% in the third quarter. Wells Fargo & Company MN now owns 2,803 shares of the specialty retailer’s stock worth $369,000 after buying an additional 838 shares in the last quarter. Finally, US Bancorp DE lifted its stake in shares of Winmark by 11,000.0% in the first quarter. US Bancorp DE now owns 3,330 shares of the specialty retailer’s stock worth $436,000 after buying an additional 3,300 shares in the last quarter. 49.32% of the stock is currently owned by hedge funds and other institutional investors.

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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