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 stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the completion of the transaction, the chief financial officer now owns 51,783 shares in the company, valued at $20,014,647.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Winmark Price Performance

NASDAQ WINA opened at $365.67 on Friday. The firm’s fifty day moving average price is $361.85 and its 200 day moving average price is $390.04. Winmark Co. has a 12 month low of $308.92 and a 12 month high of $451.30. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 33.39 and a beta of 0.85.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share (EPS) for the quarter. Winmark had a net margin of 48.36% and a negative return on equity of 84.36%. The company had revenue of $20.11 million during the quarter.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.90 per share. This is a positive change from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date is Tuesday, May 14th. This represents a $3.60 annualized dividend and a yield of 0.98%. Winmark’s payout ratio is 29.22%.

Institutional Investors Weigh In On Winmark

Several large investors have recently modified their holdings of the company. CWA Asset Management Group LLC acquired a new position in shares of Winmark in the 3rd quarter valued at $3,031,000. Congress Asset Management Co. MA acquired a new position in Winmark in the first quarter valued at $2,085,000. Kestra Advisory Services LLC raised its holdings in shares of Winmark by 527.2% in the third quarter. Kestra Advisory Services LLC now owns 6,128 shares of the specialty retailer’s stock valued at $2,287,000 after buying an additional 5,151 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID boosted its stake in shares of Winmark by 23.0% during the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 25,685 shares of the specialty retailer’s stock worth $10,725,000 after buying an additional 4,807 shares during the period. Finally, Triasima Portfolio Management inc. lifted its position in Winmark by 69.8% during the 4th quarter. Triasima Portfolio Management inc. now owns 8,963 shares of the specialty retailer’s stock worth $3,742,000 after acquiring an additional 3,683 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

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.