Cavalier Investments LLC Increases Stake in Winmark Co. (NASDAQ:WINA)

Cavalier Investments LLC grew its holdings in shares of Winmark Co. (NASDAQ:WINA) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,694 shares of the specialty retailer’s stock after buying an additional 69 shares during the period. Cavalier Investments LLC’s holdings in Winmark were worth $649,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in WINA. Unique Wealth Strategies LLC purchased a new position in shares of Winmark during the second quarter valued at approximately $36,000. CWM LLC increased its stake in shares of Winmark by 197.1% during the second quarter. CWM LLC now owns 101 shares of the specialty retailer’s stock valued at $36,000 after buying an additional 67 shares during the period. Gladius Capital Management LP boosted its position in shares of Winmark by 116.8% during the second quarter. Gladius Capital Management LP now owns 206 shares of the specialty retailer’s stock valued at $73,000 after purchasing an additional 111 shares in the last quarter. Comerica Bank boosted its position in shares of Winmark by 673.1% during the first quarter. Comerica Bank now owns 201 shares of the specialty retailer’s stock valued at $73,000 after purchasing an additional 175 shares in the last quarter. Finally, nVerses Capital LLC bought a new stake in shares of Winmark during the third quarter valued at approximately $77,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Stock Down 1.6 %

NASDAQ WINA opened at $371.23 on Monday. Winmark Co. has a twelve month low of $330.25 and a twelve month high of $451.30. The firm has a market capitalization of $1.30 billion, a PE ratio of 33.90 and a beta of 0.79. The stock’s 50 day moving average is $367.90 and its 200 day moving average is $366.19.

Winmark (NASDAQ:WINA) last released its earnings results on Wednesday, October 16th. The specialty retailer reported $3.03 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.13). Winmark had a negative return on equity of 85.43% and a net margin of 49.02%. The company had revenue of $21.51 million during the quarter.

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 13th will be issued a $8.40 dividend. This represents a $33.60 annualized dividend and a yield of 9.05%. This is an increase from Winmark’s previous quarterly dividend of $0.90. The ex-dividend date is Wednesday, November 13th. Winmark’s payout ratio is 32.88%.

Insiders Place Their Bets

In other Winmark news, CFO Anthony D. Ishaug sold 2,400 shares of the business’s stock in a transaction on Friday, October 18th. The stock was sold at an average price of $382.59, for a total value of $918,216.00. Following the sale, the chief financial officer now directly owns 53,875 shares of the company’s stock, valued at approximately $20,612,036.25. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Lawrence A. Barbetta sold 2,412 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $395.30, for a total transaction of $953,463.60. Following the transaction, the director now directly owns 4,522 shares of the company’s stock, valued at $1,787,546.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Anthony D. Ishaug sold 2,400 shares of the company’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of $382.59, for a total value of $918,216.00. Following the transaction, the chief financial officer now directly owns 53,875 shares in the company, valued at approximately $20,612,036.25. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 10.60% of the company’s stock.

Winmark Company 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.