Winmark Corporation $WINA Shares Sold by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lessened its holdings in Winmark Corporation (NASDAQ:WINA) by 6.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,700 shares of the specialty retailer’s stock after selling 300 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Winmark were worth $1,773,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey grew its holdings in Winmark by 12.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 665 shares of the specialty retailer’s stock valued at $251,000 after purchasing an additional 75 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Winmark by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,736 shares of the specialty retailer’s stock valued at $552,000 after buying an additional 77 shares in the last quarter. National Bank of Canada FI lifted its position in shares of Winmark by 147.3% during the 1st quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer’s stock valued at $43,000 after buying an additional 81 shares in the last quarter. KLP Kapitalforvaltning AS grew its stake in Winmark by 16.7% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 700 shares of the specialty retailer’s stock valued at $264,000 after acquiring an additional 100 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in Winmark by 1.8% in the 1st quarter. Kestra Advisory Services LLC now owns 5,996 shares of the specialty retailer’s stock worth $1,906,000 after acquiring an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Insider Buying and Selling

In related news, Director Lawrence A. Barbetta sold 852 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $505.02, for a total value of $430,277.04. Following the completion of the sale, the director owned 649 shares of the company’s stock, valued at approximately $327,757.98. This trade represents a 56.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Renae M. Gaudette sold 1,200 shares of Winmark stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $417.11, for a total value of $500,532.00. Following the transaction, the chief operating officer owned 18,860 shares in the company, valued at approximately $7,866,694.60. The trade was a 5.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 10.10% of the stock is owned by corporate insiders.

Winmark Stock Up 1.7%

Winmark stock opened at $418.05 on Tuesday. The company has a fifty day simple moving average of $439.03 and a 200-day simple moving average of $427.39. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 37.26 and a beta of 0.69. Winmark Corporation has a 52-week low of $295.79 and a 52-week high of $527.37.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results on Wednesday, October 15th. The specialty retailer reported $3.02 earnings per share for the quarter, missing the consensus estimate of $3.22 by ($0.20). Winmark had a negative return on equity of 103.08% and a net margin of 48.84%.The business had revenue of $22.63 million during the quarter, compared to analysts’ expectations of $20.19 million.

Winmark Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Wednesday, November 12th were issued a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, November 12th. Winmark’s payout ratio is currently 34.22%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Winmark has a consensus rating of “Buy”.

Winmark Company Profile

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.