Winmark (NASDAQ:WINA) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Winmark Corporation (NASDAQ:WINA) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $416.93 and traded as low as $393.88. Winmark shares last traded at $403.71, with a volume of 28,330 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Winmark presently has an average rating of “Hold”.

Winmark Stock Performance

The stock has a fifty day simple moving average of $382.00 and a two-hundred day simple moving average of $416.93. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 36.37 and a beta of 0.54.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results on Wednesday, April 15th. The specialty retailer reported $2.50 EPS for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.20). Winmark had a negative return on equity of 100.45% and a net margin of 48.19%.The business had revenue of $20.85 million for the quarter, compared to analyst estimates of $21.09 million.

Winmark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th were given a $1.02 dividend. This is a boost from Winmark’s previous quarterly dividend of $0.96. This represents a $4.08 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Wednesday, May 13th. Winmark’s dividend payout ratio (DPR) is presently 36.76%.

Hedge Funds Weigh In On Winmark

Several institutional investors and hedge funds have recently added to or reduced their stakes in WINA. Allspring Global Investments Holdings LLC boosted its stake in shares of Winmark by 31.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 19,736 shares of the specialty retailer’s stock valued at $7,926,000 after purchasing an additional 4,735 shares in the last quarter. Kingsview Wealth Management LLC acquired a new stake in Winmark during the 3rd quarter worth approximately $4,754,000. William Blair Investment Management LLC boosted its position in Winmark by 16.1% during the 3rd quarter. William Blair Investment Management LLC now owns 70,635 shares of the specialty retailer’s stock worth $35,160,000 after buying an additional 9,800 shares during the period. First Trust Advisors LP grew its holdings in Winmark by 121.0% during the 3rd quarter. First Trust Advisors LP now owns 97,451 shares of the specialty retailer’s stock worth $48,508,000 after acquiring an additional 53,365 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in Winmark by 33.2% in the 3rd quarter. Fisher Asset Management LLC now owns 109,427 shares of the specialty retailer’s stock valued at $54,469,000 after acquiring an additional 27,275 shares during the period. Institutional investors own 73.32% of the company’s stock.

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.