SG Americas Securities LLC Grows Stock Position in Winmark Corporation $WINA

SG Americas Securities LLC boosted its holdings in Winmark Corporation (NASDAQ:WINA) by 136.4% during the third quarter, Holdings Channel reports. The institutional investor owned 2,889 shares of the specialty retailer’s stock after buying an additional 1,667 shares during the period. SG Americas Securities LLC’s holdings in Winmark were worth $1,438,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of WINA. Geneos Wealth Management Inc. boosted its position in shares of Winmark by 775.0% in the third quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 62 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of Winmark in the 3rd quarter valued at $247,000. Longboard Asset Management LP acquired a new position in shares of Winmark in the 3rd quarter valued at $211,000. CWA Asset Management Group LLC grew its stake in shares of Winmark by 4.0% during the 3rd quarter. CWA Asset Management Group LLC now owns 20,853 shares of the specialty retailer’s stock valued at $10,380,000 after buying an additional 800 shares during the period. Finally, Ellsworth Advisors LLC acquired a new stake in shares of Winmark during the 3rd quarter worth $910,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

Analyst Ratings Changes

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

Insider Activity at Winmark

In other Winmark news, COO Renae M. Gaudette sold 1,200 shares of the business’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $417.11, for a total transaction of $500,532.00. Following the transaction, the chief operating officer owned 18,860 shares in the company, valued at $7,866,694.60. The trade was a 5.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.10% of the stock is currently owned by corporate insiders.

Winmark Stock Down 2.4%

Winmark stock opened at $440.30 on Friday. The firm has a fifty day moving average of $420.71 and a 200-day moving average of $428.19. Winmark Corporation has a 52-week low of $295.79 and a 52-week high of $527.37. The firm has a market capitalization of $1.57 billion, a P/E ratio of 39.24 and a beta of 0.69.

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

Winmark Company Profile

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.