Winmark Co. (NASDAQ:WINA) Position Boosted by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in shares of Winmark Co. (NASDAQ:WINA) by 2.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,185 shares of the specialty retailer’s stock after acquiring an additional 1,445 shares during the period. Geode Capital Management LLC owned approximately 2.02% of Winmark worth $27,264,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. AltraVue Capital LLC increased its holdings in shares of Winmark by 95.2% during the second quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock valued at $51,454,000 after purchasing an additional 71,145 shares during the period. Victory Capital Management Inc. increased its stake in Winmark by 55.8% during the 2nd quarter. Victory Capital Management Inc. now owns 3,726 shares of the specialty retailer’s stock valued at $1,314,000 after buying an additional 1,334 shares during the period. Barclays PLC lifted its stake in shares of Winmark by 117.7% in the 3rd quarter. Barclays PLC now owns 6,073 shares of the specialty retailer’s stock worth $2,325,000 after acquiring an additional 3,284 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Winmark by 30.4% in the second quarter. Envestnet Asset Management Inc. now owns 11,373 shares of the specialty retailer’s stock valued at $4,011,000 after acquiring an additional 2,653 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Winmark by 1.9% during the third quarter. State Street Corp now owns 81,185 shares of the specialty retailer’s stock valued at $31,088,000 after acquiring an additional 1,535 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Ronald G. Olson sold 3,659 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the sale, the insider now directly owns 146,335 shares of the company’s stock, valued at $62,076,770.35. The trade was a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Renae M. Gaudette sold 1,500 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $380.11, for a total value of $570,165.00. Following the completion of the transaction, the chief operating officer now owns 15,060 shares of the company’s stock, valued at $5,724,456.60. This trade represents a 9.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,300 shares of company stock worth $4,158,071 in the last ninety days. 10.60% of the stock is currently owned by corporate insiders.

Winmark Price Performance

WINA opened at $406.55 on Friday. The business has a 50 day moving average price of $400.23 and a two-hundred day moving average price of $379.18. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 37.20 and a beta of 0.83. Winmark Co. has a 1-year low of $330.25 and a 1-year high of $431.67.

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

Winmark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Wednesday, November 13th were paid a $8.40 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $33.60 annualized dividend and a dividend yield of 8.26%. This is a boost from Winmark’s previous quarterly dividend of $0.90. Winmark’s payout ratio is currently 32.94%.

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.