Winmark Co. (NASDAQ:WINA) insider Steven Murphy sold 4,555 shares of the stock in a transaction that occurred on Tuesday, October 30th. The shares were sold at an average price of $152.57, for a total transaction of $694,956.35. Following the completion of the sale, the insider now owns 4,555 shares in the company, valued at $694,956.35. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of NASDAQ:WINA opened at $151.70 on Wednesday. The company has a market capitalization of $589.71 million, a P/E ratio of 21.81 and a beta of 0.42. Winmark Co. has a fifty-two week low of $121.55 and a fifty-two week high of $187.10.
Winmark (NASDAQ:WINA) last announced its quarterly earnings results on Wednesday, October 17th. The specialty retailer reported $2.01 earnings per share for the quarter. The business had revenue of $19.12 million for the quarter. Winmark had a net margin of 41.13% and a negative return on equity of 124.79%.
Separately, BidaskClub upgraded shares of Winmark from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 19th.
Several large investors have recently made changes to their positions in WINA. BlackRock Inc. raised its position in shares of Winmark by 17.8% in the 2nd quarter. BlackRock Inc. now owns 131,462 shares of the specialty retailer’s stock valued at $19,516,000 after acquiring an additional 19,820 shares during the period. Acuitas Investments LLC raised its position in shares of Winmark by 226.9% in the 2nd quarter. Acuitas Investments LLC now owns 19,695 shares of the specialty retailer’s stock valued at $2,924,000 after acquiring an additional 13,670 shares during the period. Renaissance Technologies LLC raised its position in shares of Winmark by 3.0% in the 2nd quarter. Renaissance Technologies LLC now owns 185,200 shares of the specialty retailer’s stock valued at $27,493,000 after acquiring an additional 5,400 shares during the period. Northern Trust Corp raised its position in shares of Winmark by 12.4% in the 2nd quarter. Northern Trust Corp now owns 36,530 shares of the specialty retailer’s stock valued at $5,424,000 after acquiring an additional 4,041 shares during the period. Finally, Port Capital LLC raised its position in shares of Winmark by 18.9% in the 2nd quarter. Port Capital LLC now owns 20,939 shares of the specialty retailer’s stock valued at $3,108,000 after acquiring an additional 3,324 shares during the period. Institutional investors and hedge funds own 48.38% of the company’s stock.
Winmark Corporation operates as a franchisor of 5 retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names.
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