Separately, ValuEngine lowered Winmark from a sell rating to a strong sell rating in a research note on Tuesday, January 14th.
Shares of NASDAQ:WINA traded up $1.34 during trading on Thursday, hitting $200.01. The company had a trading volume of 9,300 shares, compared to its average volume of 11,124. The stock has a market cap of $761.08 million, a price-to-earnings ratio of 26.68 and a beta of 0.27. Winmark has a one year low of $152.70 and a one year high of $206.10. The company has a fifty day simple moving average of $191.95 and a two-hundred day simple moving average of $177.68.
Several hedge funds have recently modified their holdings of the stock. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Winmark by 7.6% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 148,968 shares of the specialty retailer’s stock worth $25,794,000 after acquiring an additional 10,525 shares during the last quarter. BlackRock Inc. increased its holdings in Winmark by 8.1% during the 2nd quarter. BlackRock Inc. now owns 146,492 shares of the specialty retailer’s stock worth $25,364,000 after purchasing an additional 11,032 shares during the period. State Street Corp increased its holdings in Winmark by 1.0% during the 3rd quarter. State Street Corp now owns 48,799 shares of the specialty retailer’s stock worth $8,608,000 after purchasing an additional 479 shares during the period. Bank of New York Mellon Corp increased its holdings in Winmark by 14.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,293 shares of the specialty retailer’s stock worth $2,821,000 after purchasing an additional 2,065 shares during the period. Finally, Nuveen Asset Management LLC purchased a new position in Winmark during the 2nd quarter worth $1,905,000. 54.94% of the stock is owned by hedge funds and other institutional investors.
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.
See Also: What causes a stock to be most active?
Receive News & Ratings for Winmark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winmark and related companies with MarketBeat.com's FREE daily email newsletter.