Winmark Co. (NASDAQ:WINA) Shares Sold by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC cut its stake in Winmark Co. (NASDAQ:WINA) by 19.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,688 shares of the specialty retailer’s stock after selling 637 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Winmark were worth $1,122,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of WINA. Huntington National Bank raised its stake in Winmark by 24.1% during the third quarter. Huntington National Bank now owns 170 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 33 shares during the period. SG Americas Securities LLC acquired a new position in Winmark in the fourth quarter valued at approximately $141,000. Principal Financial Group Inc. purchased a new position in Winmark in the third quarter worth approximately $263,000. Allspring Global Investments Holdings LLC increased its stake in Winmark by 111.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 835 shares of the specialty retailer’s stock worth $349,000 after acquiring an additional 441 shares during the last quarter. Finally, Victory Capital Management Inc. purchased a new stake in Winmark in the third quarter valued at $363,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Insider Transactions at Winmark

In other news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the completion of the sale, the chief financial officer now directly owns 51,783 shares of the company’s stock, valued at approximately $20,014,647.33. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of Winmark stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $386.51, for a total transaction of $1,546,040.00. Following the completion of the sale, the chief financial officer now directly owns 51,783 shares of the company’s stock, valued at approximately $20,014,647.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brett D. Heffes sold 8,290 shares of the stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $373.04, for a total value of $3,092,501.60. Following the completion of the transaction, the chief executive officer now owns 110,000 shares in the company, valued at approximately $41,034,400. The disclosure for this sale can be found here. Company insiders own 10.60% of the company’s stock.

Winmark Stock Performance

Shares of NASDAQ WINA traded down $5.67 during mid-day trading on Friday, reaching $360.00. 13,671 shares of the company’s stock were exchanged, compared to its average volume of 34,440. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 32.88 and a beta of 0.85. Winmark Co. has a 52-week low of $308.92 and a 52-week high of $451.30. The company’s 50-day moving average is $361.25 and its 200-day moving average is $389.87.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share for the quarter. The company had revenue of $20.11 million during the quarter. Winmark had a net margin of 48.36% and a negative return on equity of 84.36%.

Winmark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 1.00%. This is a boost from Winmark’s previous quarterly dividend of $0.80. The ex-dividend date is Tuesday, May 14th. Winmark’s dividend payout ratio is 29.22%.

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.