The Manufacturers Life Insurance Company Acquires 138 Shares of Winmark Co. (NASDAQ:WINA)

The Manufacturers Life Insurance Company lifted its holdings in shares of Winmark Co. (NASDAQ:WINA) by 9.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,552 shares of the specialty retailer’s stock after purchasing an additional 138 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Winmark were worth $547,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. AltraVue Capital LLC increased its stake in Winmark by 95.2% in the second quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock valued at $51,454,000 after acquiring an additional 71,145 shares during the last quarter. William Blair Investment Management LLC increased its stake in Winmark by 9.0% in the second quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer’s stock valued at $25,187,000 after acquiring an additional 5,892 shares during the last quarter. Congress Asset Management Co. MA bought a new position in Winmark in the first quarter valued at approximately $2,085,000. Vanguard Group Inc. increased its stake in Winmark by 2.3% in the first quarter. Vanguard Group Inc. now owns 162,668 shares of the specialty retailer’s stock valued at $58,837,000 after acquiring an additional 3,594 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in Winmark by 7.9% in the first quarter. Bessemer Group Inc. now owns 48,215 shares of the specialty retailer’s stock valued at $17,439,000 after acquiring an additional 3,512 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

Winmark Price Performance

Shares of NASDAQ:WINA opened at $368.11 on Wednesday. The company’s 50 day simple moving average is $365.58 and its 200 day simple moving average is $364.29. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 33.62 and a beta of 0.79. Winmark Co. has a 1 year low of $330.25 and a 1 year high of $451.30.

Winmark (NASDAQ:WINA) last issued its earnings results on Wednesday, July 17th. The specialty retailer reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.08. Winmark had a net margin of 48.57% and a negative return on equity of 85.12%. The firm had revenue of $20.12 million for the quarter.

Insider Buying and Selling at Winmark

In other Winmark news, Director Lawrence A. Barbetta sold 583 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 7,058 shares in the company, valued at $2,859,125.22. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, Director Lawrence A. Barbetta sold 583 shares of Winmark stock in a transaction on Friday, July 26th. The shares were sold at an average price of $405.09, for a total transaction of $236,167.47. Following the transaction, the director now owns 7,058 shares in the company, valued at approximately $2,859,125.22. The trade was 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 the SEC website. Also, Director Lawrence A. Barbetta sold 2,412 shares of Winmark stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total transaction of $953,463.60. Following the transaction, the director now owns 4,522 shares in the company, valued at approximately $1,787,546.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,119 shares of company stock worth $1,239,645 over the last quarter. Corporate insiders own 10.60% of the company’s stock.

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.