Winmark (WINA) Lowered to Sell at BidaskClub

BidaskClub downgraded shares of Winmark (NASDAQ:WINA) from a hold rating to a sell rating in a research report sent to investors on Wednesday.

Winmark (NASDAQ WINA) traded up $0.25 during trading on Wednesday, reaching $132.90. 5,654 shares of the company were exchanged, compared to its average volume of 6,667. Winmark has a 52-week low of $109.90 and a 52-week high of $139.05. The stock has a market capitalization of $507.88, a P/E ratio of 25.36 and a beta of 0.49. The company has a current ratio of 2.35, a quick ratio of 2.34 and a debt-to-equity ratio of -1.82.

Winmark (NASDAQ:WINA) last released its earnings results on Tuesday, October 17th. The specialty retailer reported $1.33 earnings per share (EPS) for the quarter. Winmark had a net margin of 33.29% and a negative return on equity of 205.65%. The firm had revenue of $17.57 million during the quarter.

In other Winmark news, Director Mark L. Wilson sold 1,989 shares of Winmark stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $125.00, for a total transaction of $248,625.00. Following the transaction, the director now directly owns 32,992 shares of the company’s stock, valued at $4,124,000. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Leah A. Goff sold 2,030 shares of Winmark stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $128.33, for a total transaction of $260,509.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,792 shares of company stock valued at $1,680,560. 37.50% of the stock is owned by insiders.

A number of hedge funds have recently made changes to their positions in the business. QV Investors Inc. lifted its position in Winmark by 33.0% during the third quarter. QV Investors Inc. now owns 174,538 shares of the specialty retailer’s stock valued at $22,995,000 after buying an additional 43,333 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Winmark by 1.9% during the third quarter. Dimensional Fund Advisors LP now owns 169,666 shares of the specialty retailer’s stock valued at $22,354,000 after buying an additional 3,204 shares in the last quarter. Renaissance Technologies LLC lifted its position in Winmark by 11.8% during the second quarter. Renaissance Technologies LLC now owns 150,101 shares of the specialty retailer’s stock valued at $19,356,000 after buying an additional 15,801 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in Winmark by 1.5% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 103,001 shares of the specialty retailer’s stock valued at $13,282,000 after buying an additional 1,529 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Winmark by 6.2% during the second quarter. Vanguard Group Inc. now owns 84,798 shares of the specialty retailer’s stock valued at $10,935,000 after buying an additional 4,954 shares in the last quarter. 48.74% of the stock is currently owned by hedge funds and other institutional investors.

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Winmark Company Profile

Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade gently used merchandise. The Company operates through two business segments: franchising and leasing. The franchising segment franchises value-oriented retail store concepts that buy, sell, trade and consign merchandise.

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