GAMMA Investing LLC Purchases 3,164 Shares of Winmark Co. (NASDAQ:WINA)

GAMMA Investing LLC grew its holdings in shares of Winmark Co. (NASDAQ:WINA) by 21,093.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,179 shares of the specialty retailer’s stock after acquiring an additional 3,164 shares during the quarter. GAMMA Investing LLC owned 0.09% of Winmark worth $1,011,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WINA. Allspring Global Investments Holdings LLC acquired a new position in shares of Winmark in the fourth quarter valued at approximately $351,000. Congress Asset Management Co. lifted its holdings in shares of Winmark by 73.3% in the 4th quarter. Congress Asset Management Co. now owns 15,823 shares of the specialty retailer’s stock worth $6,220,000 after purchasing an additional 6,690 shares in the last quarter. Northstar Asset Management Inc. bought a new position in shares of Winmark in the 4th quarter worth $1,200,000. Cavalier Investments LLC lifted its holdings in shares of Winmark by 2.8% in the 4th quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer’s stock worth $685,000 after purchasing an additional 48 shares in the last quarter. Finally, Anchor Capital Advisors LLC raised its position in Winmark by 2.4% in the 4th quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer’s stock valued at $1,363,000 after buying an additional 80 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Insider Buying and Selling

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of the firm’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $425.95, for a total value of $1,703,800.00. Following the completion of the transaction, the chief financial officer now owns 56,683 shares in the company, valued at $24,144,123.85. This trade represents a 6.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 10.10% of the stock is currently owned by insiders.

Winmark Trading Up 2.6%

NASDAQ WINA opened at $441.05 on Tuesday. Winmark Co. has a 12 month low of $295.79 and a 12 month high of $442.37. The firm has a market capitalization of $1.56 billion, a P/E ratio of 40.50 and a beta of 0.61. The business has a fifty day simple moving average of $389.93 and a 200 day simple moving average of $374.70.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.74 by ($0.03). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $21.92 million for the quarter, compared to analysts’ expectations of $20.91 million. During the same period in the prior year, the business earned $2.41 earnings per share.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 14th were issued a $0.96 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $3.84 annualized dividend and a yield of 0.87%. This is a positive change from Winmark’s previous quarterly dividend of $0.90. Winmark’s dividend payout ratio (DPR) is 34.32%.

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.