JPMorgan Chase & Co. Acquires 2,333 Shares of Winmark Co. (NASDAQ:WINA)

JPMorgan Chase & Co. lifted its stake in Winmark Co. (NASDAQ:WINA) by 36.5% during the third quarter, HoldingsChannel.com reports. The firm owned 8,722 shares of the specialty retailer’s stock after purchasing an additional 2,333 shares during the quarter. JPMorgan Chase & Co.’s holdings in Winmark were worth $3,340,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in WINA. State Street Corp grew its position in Winmark by 1.9% during the 3rd quarter. State Street Corp now owns 81,185 shares of the specialty retailer’s stock valued at $31,088,000 after purchasing an additional 1,535 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Winmark by 2.1% during the third quarter. Geode Capital Management LLC now owns 71,185 shares of the specialty retailer’s stock valued at $27,264,000 after buying an additional 1,445 shares during the last quarter. Copeland Capital Management LLC grew its holdings in shares of Winmark by 0.3% during the third quarter. Copeland Capital Management LLC now owns 63,630 shares of the specialty retailer’s stock valued at $24,366,000 after buying an additional 162 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Winmark by 2.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 24,067 shares of the specialty retailer’s stock valued at $9,216,000 after acquiring an additional 555 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in Winmark in the 3rd quarter worth approximately $9,168,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Winmark Price Performance

Shares of NASDAQ:WINA opened at $392.40 on Monday. Winmark Co. has a 1 year low of $330.25 and a 1 year high of $431.67. The stock’s fifty day moving average price is $400.76 and its 200-day moving average price is $383.54. The company has a market cap of $1.38 billion, a P/E ratio of 35.90 and a beta of 0.83.

Insider Buying and Selling at Winmark

In other Winmark news, COO Renae M. Gaudette sold 1,500 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $380.11, for a total transaction of $570,165.00. Following the completion of the sale, the chief operating officer now directly owns 15,060 shares in the company, valued at $5,724,456.60. The trade was a 9.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Ronald G. Olson sold 3,659 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the completion of the transaction, the insider now owns 146,335 shares in the company, valued at $62,076,770.35. This trade represents a 2.44 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,900 shares of company stock worth $3,239,855. Company insiders own 10.60% of the company’s stock.

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.