Bailard Inc. Sells 100 Shares of Winmark Co. (NASDAQ:WINA)

Bailard Inc. cut its stake in Winmark Co. (NASDAQ:WINA) by 14.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 571 shares of the specialty retailer’s stock after selling 100 shares during the period. Bailard Inc.’s holdings in Winmark were worth $238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in WINA. Huntington National Bank lifted its holdings in shares of Winmark by 24.1% in the third quarter. Huntington National Bank now owns 170 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 33 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Winmark in the fourth quarter valued at approximately $141,000. Principal Financial Group Inc. acquired a new stake in Winmark in the 3rd quarter valued at $263,000. Allspring Global Investments Holdings LLC increased its position in shares of Winmark by 111.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 835 shares of the specialty retailer’s stock valued at $349,000 after acquiring an additional 441 shares during the last quarter. Finally, Victory Capital Management Inc. acquired a new position in shares of Winmark during the 3rd quarter worth approximately $363,000. Institutional investors own 73.32% of the company’s stock.

Insider Transactions at Winmark

In related news, CFO Anthony D. Ishaug sold 4,000 shares of the company’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $386.51, for a total value of $1,546,040.00. Following the transaction, the chief financial officer now owns 51,783 shares in the company, valued at approximately $20,014,647.33. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the completion of the sale, the chief financial officer now directly owns 51,783 shares of the company’s stock, valued at approximately $20,014,647.33. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Brett D. Heffes sold 8,290 shares of the company’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $373.04, for a total value of $3,092,501.60. Following the completion of the transaction, the chief executive officer now directly owns 110,000 shares in the company, valued at $41,034,400. The disclosure for this sale can be found here. 10.60% of the stock is currently owned by corporate insiders.

Winmark Trading Down 0.2 %

NASDAQ WINA opened at $359.40 on Tuesday. The firm has a market capitalization of $1.26 billion, a P/E ratio of 32.82 and a beta of 0.85. The firm’s fifty day moving average price is $360.48 and its two-hundred day moving average price is $389.32. Winmark Co. has a 1 year low of $308.92 and a 1 year high of $451.30.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share for the quarter. Winmark had a net margin of 48.36% and a negative return on equity of 84.36%. The company had revenue of $20.11 million for the quarter.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a $0.90 dividend. The ex-dividend date is Tuesday, May 14th. This is a positive change from Winmark’s previous quarterly dividend of $0.80. This represents a $3.60 annualized dividend and a dividend yield of 1.00%. Winmark’s dividend payout ratio is presently 29.22%.

Winmark Company 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.