Schwab Charles Investment Management Inc. Has $1.68 Million Holdings in Winmark Co. (WINA)

Schwab Charles Investment Management Inc. grew its position in shares of Winmark Co. (NASDAQ:WINA) by 18.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,323 shares of the specialty retailer’s stock after buying an additional 1,755 shares during the quarter. Schwab Charles Investment Management Inc. owned 0.29% of Winmark worth $1,681,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in Winmark by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 173,206 shares of the specialty retailer’s stock worth $22,655,000 after buying an additional 841 shares during the last quarter. Russell Investments Group Ltd. raised its position in Winmark by 15.2% during the 1st quarter. Russell Investments Group Ltd. now owns 7,360 shares of the specialty retailer’s stock worth $962,000 after buying an additional 970 shares during the last quarter. Murphy Pohlad Asset Management LLC purchased a new position in Winmark during the 2nd quarter worth $206,000. Bank of New York Mellon Corp raised its position in Winmark by 3.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 14,042 shares of the specialty retailer’s stock worth $2,085,000 after buying an additional 423 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in Winmark by 63.6% during the 2nd quarter. Bessemer Group Inc. now owns 1,800 shares of the specialty retailer’s stock worth $267,000 after buying an additional 700 shares during the last quarter. Institutional investors own 48.65% of the company’s stock.

Shares of WINA opened at $149.21 on Friday. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of -2.20. The stock has a market capitalization of $642.17 million, a PE ratio of 26.56 and a beta of 0.42. Winmark Co. has a 52-week low of $121.55 and a 52-week high of $187.10.

Winmark (NASDAQ:WINA) last announced its quarterly earnings results on Wednesday, July 18th. The specialty retailer reported $1.73 earnings per share (EPS) for the quarter. The business had revenue of $18.16 million during the quarter. Winmark had a net margin of 38.33% and a negative return on equity of 87.01%.

Separately, BidaskClub upgraded shares of Winmark from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 19th.

In other news, insider Steven Murphy sold 4,500 shares of the stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $144.79, for a total value of $651,555.00. Following the completion of the transaction, the insider now owns 1,746 shares in the company, valued at approximately $252,803.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brett D. Heffes sold 8,204 shares of the stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $146.14, for a total transaction of $1,198,932.56. Following the completion of the transaction, the chief executive officer now owns 125,650 shares of the company’s stock, valued at approximately $18,362,491. The disclosure for this sale can be found here. Insiders sold a total of 35,019 shares of company stock valued at $5,150,850 in the last quarter. Insiders own 30.90% of the company’s stock.

Winmark Profile

Winmark Corporation operates as a franchisor of 5 retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names.

Further Reading: Market Capitalization, Large-Caps, Mid-Caps, Small-Caps

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Institutional Ownership by Quarter for Winmark (NASDAQ:WINA)

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