nVerses Capital LLC Takes $77,000 Position in Winmark Co. (NASDAQ:WINA)

nVerses Capital LLC purchased a new position in shares of Winmark Co. (NASDAQ:WINA) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 200 shares of the specialty retailer’s stock, valued at approximately $77,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its stake in Winmark by 0.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 14,186 shares of the specialty retailer’s stock worth $5,003,000 after buying an additional 41 shares during the period. CWM LLC raised its stake in Winmark by 197.1% during the 2nd quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock worth $36,000 after buying an additional 67 shares during the period. Swiss National Bank raised its stake in Winmark by 1.7% during the 1st quarter. Swiss National Bank now owns 5,900 shares of the specialty retailer’s stock worth $2,134,000 after buying an additional 100 shares during the period. Unique Wealth Strategies LLC acquired a new position in Winmark during the 2nd quarter worth approximately $36,000. Finally, Price T Rowe Associates Inc. MD raised its stake in Winmark by 14.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 816 shares of the specialty retailer’s stock worth $296,000 after buying an additional 103 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Lawrence A. Barbetta sold 583 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $405.09, for a total value of $236,167.47. Following the completion of the transaction, the director now directly owns 7,058 shares of the company’s stock, valued at $2,859,125.22. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Winmark news, CFO Anthony D. Ishaug sold 2,400 shares of the stock in a transaction on Friday, October 18th. The stock was sold at an average price of $382.59, for a total transaction of $918,216.00. Following the completion of the transaction, the chief financial officer now directly owns 53,875 shares of the company’s stock, valued at approximately $20,612,036.25. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lawrence A. Barbetta sold 583 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $405.09, for a total value of $236,167.47. Following the transaction, the director now directly owns 7,058 shares of the company’s stock, valued at approximately $2,859,125.22. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,519 shares of company stock valued at $2,157,861 over the last three months. Corporate insiders own 10.60% of the company’s stock.

Winmark Stock Performance

WINA stock opened at $385.77 on Monday. The company has a market cap of $1.35 billion, a P/E ratio of 35.23 and a beta of 0.79. Winmark Co. has a fifty-two week low of $330.25 and a fifty-two week high of $451.30. The stock’s 50 day simple moving average is $366.88 and its 200 day simple moving average is $364.74.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data on Wednesday, October 16th. The specialty retailer reported $3.03 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.13). The company had revenue of $21.51 million during the quarter. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th will be issued a $8.40 dividend. The ex-dividend date is Wednesday, November 13th. This is a positive change from Winmark’s previous quarterly dividend of $0.90. This represents a $33.60 annualized dividend and a dividend yield of 8.71%. Winmark’s dividend payout ratio is currently 32.88%.

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.