Winmark Corporation $WINA Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in Winmark Corporation (NASDAQ:WINA) by 136.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,889 shares of the specialty retailer’s stock after buying an additional 1,667 shares during the period. SG Americas Securities LLC owned approximately 0.08% of Winmark worth $1,438,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC purchased a new position in Winmark in the 2nd quarter valued at approximately $31,021,000. Geode Capital Management LLC increased its position in shares of Winmark by 1.1% in the second quarter. Geode Capital Management LLC now owns 75,665 shares of the specialty retailer’s stock valued at $28,575,000 after buying an additional 849 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Winmark by 2,358.0% in the second quarter. Alliancebernstein L.P. now owns 73,739 shares of the specialty retailer’s stock valued at $27,845,000 after buying an additional 70,739 shares in the last quarter. Copeland Capital Management LLC raised its stake in shares of Winmark by 16.3% during the 2nd quarter. Copeland Capital Management LLC now owns 73,501 shares of the specialty retailer’s stock worth $27,755,000 after buying an additional 10,292 shares during the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of Winmark by 4.9% in the 2nd quarter. Bessemer Group Inc. now owns 57,819 shares of the specialty retailer’s stock worth $21,833,000 after buying an additional 2,687 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Analyst Ratings Changes

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

Winmark Stock Down 2.4%

Shares of NASDAQ:WINA opened at $440.30 on Friday. The company has a market capitalization of $1.57 billion, a P/E ratio of 39.24 and a beta of 0.69. Winmark Corporation has a 52-week low of $295.79 and a 52-week high of $527.37. The stock’s fifty day simple moving average is $420.71 and its 200-day simple moving average is $428.19.

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 the consensus estimate of $3.22 by ($0.20). The firm had revenue of $22.63 million during the quarter, compared to analyst estimates of $20.19 million. Winmark had a net margin of 48.84% and a negative return on equity of 103.08%.

Insider Activity

In related news, COO Renae M. Gaudette sold 1,200 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $417.11, for a total transaction of $500,532.00. Following the transaction, the chief operating officer owned 18,860 shares of the company’s stock, valued at approximately $7,866,694.60. This represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 10.10% of the company’s stock.

Winmark Profile

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.