Winmark Co. (NASDAQ:WINA) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. raised its stake in Winmark Co. (NASDAQ:WINA) by 16.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 4,338 shares of the specialty retailer’s stock after buying an additional 612 shares during the quarter. Victory Capital Management Inc. owned approximately 0.12% of Winmark worth $1,661,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its holdings in Winmark by 0.3% during the second 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 in the last quarter. CWM LLC lifted its position in shares of Winmark by 197.1% in the second quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 67 shares in the last quarter. Cavalier Investments LLC raised its holdings in shares of Winmark by 4.2% during the third quarter. Cavalier Investments LLC now owns 1,694 shares of the specialty retailer’s stock worth $649,000 after acquiring an additional 69 shares in the last quarter. Unique Wealth Strategies LLC bought a new position in Winmark during the second quarter valued at approximately $36,000. Finally, Price T Rowe Associates Inc. MD increased its position in Winmark by 14.4% during the first 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 last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Stock Up 4.7 %

Shares of WINA stock opened at $422.31 on Tuesday. Winmark Co. has a 12 month low of $330.25 and a 12 month high of $451.30. The business’s 50 day moving average is $383.75 and its two-hundred day moving average is $371.24. The company has a market cap of $1.49 billion, a PE ratio of 38.64 and a beta of 0.80.

Winmark (NASDAQ:WINA) last issued its quarterly earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 earnings per share for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.13). Winmark had a net margin of 49.02% and a negative return on equity of 85.43%. The company had revenue of $21.51 million during the quarter.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th will be issued a dividend of $8.40 per share. This represents a $33.60 dividend on an annualized basis and a yield of 7.96%. This is an increase from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend is Wednesday, November 13th. Winmark’s payout ratio is presently 32.94%.

Insider Activity at Winmark

In other Winmark news, COO Renae M. Gaudette sold 1,500 shares of Winmark stock in a transaction on Friday, October 25th. The shares were sold at an average price of $380.11, for a total transaction of $570,165.00. Following the completion of the sale, the chief operating officer now owns 15,060 shares of the company’s stock, valued at approximately $5,724,456.60. The trade was a 9.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Anthony D. Ishaug sold 2,400 shares of the stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $382.59, for a total value of $918,216.00. Following the completion of the transaction, the chief financial officer now directly owns 53,875 shares in the company, valued at $20,612,036.25. The trade was a 4.26 % decrease in their position. The disclosure for this sale can be found here. 10.60% of the stock is currently owned by insiders.

Winmark 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.