Exchange Traded Concepts LLC Buys New Shares in Winmark Co. (NASDAQ:WINA)

Exchange Traded Concepts LLC purchased a new stake in Winmark Co. (NASDAQ:WINA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 795 shares of the specialty retailer’s stock, valued at approximately $304,000.

Other institutional investors also recently modified their holdings of the company. Unique Wealth Strategies LLC bought a new position in Winmark in the second quarter worth $36,000. CWM LLC boosted its holdings in Winmark by 197.1% during the second quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 67 shares in the last quarter. Gladius Capital Management LP grew its stake in shares of Winmark by 116.8% in the 2nd quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer’s stock valued at $73,000 after purchasing an additional 111 shares during the period. Comerica Bank raised its holdings in shares of Winmark by 673.1% in the 1st quarter. Comerica Bank now owns 201 shares of the specialty retailer’s stock worth $73,000 after buying an additional 175 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of Winmark during the second quarter valued at $122,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

Insider Activity at Winmark

In other Winmark news, CFO Anthony D. Ishaug sold 2,400 shares of the stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $382.59, for a total value of $918,216.00. Following the transaction, the chief financial officer now 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CFO Anthony D. Ishaug sold 2,400 shares of the firm’s 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 sale, the chief financial officer now owns 53,875 shares of the company’s stock, valued at approximately $20,612,036.25. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Lawrence A. Barbetta sold 124 shares of Winmark stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $403.34, for a total value of $50,014.16. Following the transaction, the director now owns 6,934 shares in the company, valued at $2,796,759.56. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,519 shares of company stock worth $2,157,861 over the last ninety days. Company insiders own 10.60% of the company’s stock.

Winmark Stock Up 1.0 %

NASDAQ:WINA opened at $385.77 on Monday. Winmark Co. has a 12 month low of $330.25 and a 12 month high of $451.30. The company’s 50-day moving average price is $366.88 and its two-hundred day moving average price is $364.74. The firm has a market cap of $1.35 billion, a PE ratio of 35.23 and a beta of 0.79.

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

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th will be given a dividend of $8.40 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This is an increase from Winmark’s previous quarterly dividend of $0.90. This represents a $33.60 dividend on an annualized basis and a yield of 8.71%. Winmark’s dividend payout ratio is presently 32.88%.

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.