Winmark (NASDAQ:WINA) Shares Down 5.2% – Time to Sell?

Winmark Corporation (NASDAQ:WINA)’s stock price fell 5.2% on Thursday . The company traded as low as $414.95 and last traded at $413.9020. 88,213 shares changed hands during trading, an increase of 6% from the average session volume of 83,121 shares. The stock had previously closed at $436.50.

Wall Street Analysts Forecast Growth

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

Winmark Stock Down 5.3%

The firm has a market cap of $1.47 billion, a P/E ratio of 36.83 and a beta of 0.69. The business has a fifty day simple moving average of $421.78 and a 200-day simple moving average of $428.09.

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

Winmark Dividend Announcement

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

Insider Activity at Winmark

In other news, COO Renae M. Gaudette sold 1,200 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $417.11, for a total transaction of $500,532.00. Following the completion of the transaction, the chief operating officer directly owned 18,860 shares in the company, valued at $7,866,694.60. This trade represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 10.10% of the company’s stock.

Institutional Trading of Winmark

Several institutional investors have recently bought and sold shares of WINA. Fisher Asset Management LLC purchased a new stake in shares of Winmark during the second quarter valued at approximately $31,021,000. Alliancebernstein L.P. lifted its position in Winmark by 2,358.0% in the 2nd quarter. Alliancebernstein L.P. now owns 73,739 shares of the specialty retailer’s stock valued at $27,845,000 after acquiring an additional 70,739 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in Winmark by 534.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 81,433 shares of the specialty retailer’s stock valued at $40,535,000 after purchasing an additional 68,603 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Winmark by 121.0% in the 3rd quarter. First Trust Advisors LP now owns 97,451 shares of the specialty retailer’s stock worth $48,508,000 after purchasing an additional 53,365 shares in the last quarter. Finally, Select Equity Group L.P. raised its stake in shares of Winmark by 766.0% in the first quarter. Select Equity Group L.P. now owns 23,450 shares of the specialty retailer’s stock worth $7,454,000 after purchasing an additional 20,742 shares during the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

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.