Winmark (NASDAQ:WINA) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Winmark Corporation (NASDAQ:WINA) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $427.49 and traded as low as $408.52. Winmark shares last traded at $416.9050, with a volume of 14,115 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Winmark Stock Performance

The stock’s 50 day simple moving average is $418.84 and its 200 day simple moving average is $427.49. The firm has a market cap of $1.48 billion, a PE ratio of 37.16 and a beta of 0.69.

Winmark (NASDAQ:WINA) last released its quarterly earnings data on Wednesday, October 15th. The specialty retailer reported $3.02 earnings per share for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.20). Winmark had a net margin of 48.84% and a negative return on equity of 103.08%. The company had revenue of $22.63 million for the quarter, compared to analysts’ expectations of $20.19 million.

Winmark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 12th were given a dividend of $0.96 per share. The ex-dividend date was Wednesday, November 12th. This represents a $3.84 annualized dividend and a yield of 0.9%. Winmark’s dividend payout ratio (DPR) is 34.22%.

Insider Buying and Selling

In related news, COO Renae M. Gaudette sold 1,200 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $417.11, for a total value of $500,532.00. Following the transaction, the chief operating officer owned 18,860 shares of the company’s stock, valued at $7,866,694.60. This represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 10.10% of the company’s stock.

Institutional Investors Weigh In On Winmark

Institutional investors have recently bought and sold shares of the company. Nuveen LLC purchased a new position in Winmark during the 1st quarter worth $2,925,000. Russell Investments Group Ltd. raised its holdings in shares of Winmark by 115.0% in the first quarter. Russell Investments Group Ltd. now owns 2,574 shares of the specialty retailer’s stock worth $818,000 after buying an additional 1,377 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Winmark by 11.3% during the first quarter. Raymond James Financial Inc. now owns 34,176 shares of the specialty retailer’s stock worth $10,864,000 after buying an additional 3,467 shares during the period. Northern Trust Corp grew its holdings in shares of Winmark by 0.9% during the first quarter. Northern Trust Corp now owns 47,076 shares of the specialty retailer’s stock valued at $14,964,000 after buying an additional 410 shares during the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of Winmark in the 1st quarter valued at $233,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

About Winmark

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.