82,152 Shares in Winmark Corporation $WINA Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC acquired a new stake in Winmark Corporation (NASDAQ:WINA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 82,152 shares of the specialty retailer’s stock, valued at approximately $31,021,000. Fisher Asset Management LLC owned 2.31% of Winmark as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. XTX Topco Ltd acquired a new position in shares of Winmark during the 1st quarter worth approximately $510,000. Jefferies Financial Group Inc. acquired a new position in shares of Winmark in the first quarter valued at $583,000. Vanguard Group Inc. raised its position in shares of Winmark by 1.4% in the first quarter. Vanguard Group Inc. now owns 171,334 shares of the specialty retailer’s stock valued at $54,462,000 after purchasing an additional 2,382 shares during the period. Deutsche Bank AG raised its position in shares of Winmark by 172.6% in the first quarter. Deutsche Bank AG now owns 6,453 shares of the specialty retailer’s stock valued at $2,051,000 after purchasing an additional 4,086 shares during the period. Finally, National Bank of Canada FI lifted its stake in shares of Winmark by 147.3% during the 1st quarter. National Bank of Canada FI now owns 136 shares of the specialty retailer’s stock worth $43,000 after buying an additional 81 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Insider Activity

In other news, Director Lawrence A. Barbetta sold 852 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $505.02, for a total value of $430,277.04. Following the completion of the transaction, the director directly owned 649 shares in the company, valued at approximately $327,757.98. The trade was a 56.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Renae M. Gaudette sold 1,200 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $417.11, for a total transaction of $500,532.00. Following the sale, the chief operating officer directly owned 18,860 shares of the company’s stock, valued at approximately $7,866,694.60. This trade represents a 5.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 10.10% of the stock is owned by company insiders.

Winmark Price Performance

Shares of NASDAQ:WINA opened at $412.39 on Wednesday. The business’s 50 day simple moving average is $437.28 and its 200 day simple moving average is $427.30. Winmark Corporation has a 1 year low of $295.79 and a 1 year high of $527.37. The company has a market capitalization of $1.47 billion, a P/E ratio of 36.75 and a beta of 0.69.

Winmark (NASDAQ:WINA) last released its earnings results on Wednesday, October 15th. The specialty retailer reported $3.02 earnings per share for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.20). The company had revenue of $22.63 million for the quarter, compared to the consensus estimate of $20.19 million. Winmark had a net margin of 48.84% and a negative return on equity of 103.08%.

Winmark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 12th were paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, November 12th. Winmark’s dividend payout ratio is presently 34.22%.

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.