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

Winmark Co. (NASDAQ:WINA) CFO Anthony D. Ishaug sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $425.95, for a total value of $1,703,800.00. Following the completion of the sale, the chief financial officer now owns 56,683 shares of the company’s stock, valued at $24,144,123.85. This trade represents a 6.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Winmark Trading Down 1.9%

Shares of NASDAQ WINA opened at $421.04 on Wednesday. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $434.87. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 38.66 and a beta of 0.54. The business has a 50 day simple moving average of $370.64 and a 200-day simple moving average of $373.67.

Winmark (NASDAQ:WINA) last issued its quarterly earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The firm had revenue of $21.92 million during the quarter, compared to the consensus estimate of $20.91 million. During the same quarter last year, the firm posted $2.41 earnings per share.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 14th were paid a dividend of $0.96 per share. This is an increase from Winmark’s previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Wednesday, May 14th. Winmark’s dividend payout ratio is presently 34.32%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Winmark in the fourth quarter worth $31,000. Sterling Capital Management LLC grew its stake in shares of Winmark by 820.0% in the fourth quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 82 shares in the last quarter. National Bank of Canada FI grew its stake in shares of Winmark by 147.3% in the first quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer’s stock worth $43,000 after purchasing an additional 81 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Winmark by 145.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer’s stock worth $93,000 after purchasing an additional 141 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new position in shares of Winmark in the fourth quarter worth $146,000. 73.32% of the stock is currently owned by institutional investors.

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.