Winmark (NASDAQ:WINA) Stock Price Crosses Above 200 Day Moving Average of $362.86

Winmark Co. (NASDAQ:WINA)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $362.86 and traded as high as $388.88. Winmark shares last traded at $385.00, with a volume of 25,695 shares traded.

Wall Street Analysts Forecast Growth

Separately, Maxim Group assumed coverage on shares of Winmark in a research note on Thursday, June 13th. They issued a “buy” rating and a $445.00 target price on the stock.

Winmark Trading Up 0.0 %

The company has a market cap of $1.35 billion, a price-to-earnings ratio of 35.16 and a beta of 0.80. The stock has a 50 day moving average price of $370.29 and a two-hundred day moving average price of $362.97.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, July 17th. The specialty retailer reported $2.85 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.08. Winmark had a negative return on equity of 85.12% and a net margin of 48.57%. The business had revenue of $20.12 million during the quarter.

Winmark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 14th were given a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 0.94%. Winmark’s dividend payout ratio is 32.88%.

Insider Buying and Selling

In other Winmark news, Director Lawrence A. Barbetta sold 124 shares of the stock in a transaction on Monday, July 29th. The shares were sold at an average price of $403.34, for a total value of $50,014.16. Following the sale, the director now directly owns 6,934 shares in the company, valued at $2,796,759.56. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Winmark news, Director Lawrence A. Barbetta sold 124 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $403.34, for a total value of $50,014.16. Following the completion of the transaction, the director now directly owns 6,934 shares of the company’s stock, valued at $2,796,759.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Lawrence A. Barbetta sold 2,412 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total value of $953,463.60. Following the sale, the director now directly owns 4,522 shares in the company, valued at approximately $1,787,546.60. The disclosure for this sale can be found here. Insiders have sold 3,119 shares of company stock valued at $1,239,645 in the last 90 days. 10.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WINA. AltraVue Capital LLC raised its holdings in shares of Winmark by 95.2% during the second quarter. AltraVue Capital LLC now owns 145,914 shares of the specialty retailer’s stock worth $51,454,000 after acquiring an additional 71,145 shares during the period. William Blair Investment Management LLC increased its holdings in Winmark by 9.0% during the 2nd quarter. William Blair Investment Management LLC now owns 71,426 shares of the specialty retailer’s stock worth $25,187,000 after purchasing an additional 5,892 shares in the last quarter. Congress Asset Management Co. MA acquired a new stake in shares of Winmark in the 1st quarter valued at about $2,085,000. Vanguard Group Inc. lifted its holdings in shares of Winmark by 2.3% in the first quarter. Vanguard Group Inc. now owns 162,668 shares of the specialty retailer’s stock valued at $58,837,000 after purchasing an additional 3,594 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of Winmark by 7.9% during the first quarter. Bessemer Group Inc. now owns 48,215 shares of the specialty retailer’s stock worth $17,439,000 after buying an additional 3,512 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

About Winmark

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.