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
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
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.
- Get a free copy of the StockNews.com research report on Winmark (WINA)
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