Winmark (WINA) Stock Rating Lowered by BidaskClub

BidaskClub downgraded shares of Winmark (NASDAQ:WINA) from a buy rating to a hold rating in a report published on Tuesday, BidAskClub reports.

WINA opened at $185.54 on Tuesday. The stock has a market cap of $727.11 million, a PE ratio of 25.62 and a beta of 0.15. Winmark has a 52-week low of $129.85 and a 52-week high of $194.85.

In related news, major shareholder Ronald G. Olson sold 1,900 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $170.48, for a total transaction of $323,912.00. Following the completion of the transaction, the insider now owns 469,098 shares of the company’s stock, valued at approximately $79,971,827.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Ronald G. Olson sold 900 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $171.00, for a total value of $153,900.00. Following the transaction, the insider now directly owns 470,798 shares of the company’s stock, valued at approximately $80,506,458. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,900 shares of company stock valued at $843,086. 31.30% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Legal & General Group Plc lifted its position in shares of Winmark by 22.3% during the 4th quarter. Legal & General Group Plc now owns 456 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 83 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new position in shares of Winmark during the 4th quarter worth about $75,000. First Manhattan Co. lifted its position in shares of Winmark by 40.0% during the 4th quarter. First Manhattan Co. now owns 700 shares of the specialty retailer’s stock worth $111,000 after purchasing an additional 200 shares during the last quarter. Metropolitan Life Insurance Co. NY lifted its position in shares of Winmark by 361.6% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 877 shares of the specialty retailer’s stock worth $139,000 after purchasing an additional 687 shares during the last quarter. Finally, Denali Advisors LLC lifted its position in shares of Winmark by 2,397.8% during the 1st quarter. Denali Advisors LLC now owns 1,149 shares of the specialty retailer’s stock worth $217,000 after purchasing an additional 1,103 shares during the last quarter. 51.31% of the stock is owned by institutional investors and hedge funds.

Winmark Company 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.

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