Winmark (NASDAQ:WINA) Research Coverage Started at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Winmark (NASDAQ:WINA – Get Rating) in a report released on Thursday. The firm set a “buy” rating on the specialty retailer’s stock.

Separately, TheStreet lowered Winmark from a “b” rating to a “c+” rating in a report on Wednesday, March 1st.

Winmark Price Performance

Winmark stock opened at $287.88 on Thursday. Winmark has a one year low of $183.93 and a one year high of $300.67. The business has a fifty day moving average price of $274.37 and a 200-day moving average price of $247.22. The firm has a market capitalization of $990.31 million, a P/E ratio of 26.22 and a beta of 0.78.

Insider Buying and Selling

In related news, Director Paul C. Reyelts sold 275 shares of the stock in a transaction on Monday, March 6th. The stock was sold at an average price of $295.00, for a total value of $81,125.00. Following the sale, the director now owns 3,173 shares in the company, valued at $936,035. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Winmark news, Director Paul C. Reyelts sold 275 shares of the firm’s stock in a transaction dated Monday, March 6th. The stock was sold at an average price of $295.00, for a total transaction of $81,125.00. Following the sale, the director now owns 3,173 shares in the company, valued at $936,035. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul C. Reyelts sold 500 shares of the firm’s stock in a transaction dated Wednesday, March 8th. The shares were sold at an average price of $295.00, for a total value of $147,500.00. Following the sale, the director now owns 2,673 shares in the company, valued at approximately $788,535. The disclosure for this sale can be found here. 11.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Winmark

Large investors have recently added to or reduced their stakes in the company. Ronald Blue Trust Inc. purchased a new stake in Winmark during the second quarter valued at about $66,000. MetLife Investment Management LLC increased its holdings in shares of Winmark by 12.3% in the third quarter. MetLife Investment Management LLC now owns 1,511 shares of the specialty retailer’s stock worth $327,000 after buying an additional 165 shares during the period. Laurus Investment Counsel Inc. increased its holdings in shares of Winmark by 28.1% in the third quarter. Laurus Investment Counsel Inc. now owns 12,210 shares of the specialty retailer’s stock worth $3,620,000 after buying an additional 2,680 shares during the period. Tudor Investment Corp Et Al purchased a new position in shares of Winmark in the third quarter worth about $326,000. Finally, Summit Global Investments purchased a new position in shares of Winmark in the second quarter worth about $1,056,000. Hedge funds and other institutional investors own 65.92% of the company’s stock.

Winmark Company Profile

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Winmark Corp. engages in the franchising of five value-oriented retail store concepts that buy, sell, and trade gently used merchandise and provides consulting and advisory services to franchisors through Winmar Franchise Partners. It operates through the Franchising and Leasing segments. The Franchising segment is involved in value-oriented retail store concepts that buy, sell, trade, and consign merchandise and provides strategic consulting services related to franchising.