Winmark (WINA) Downgraded to “Sell” at BidaskClub

Winmark (NASDAQ:WINA) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Monday, February 4th.

Shares of WINA stock traded up $2.45 during mid-day trading on Monday, reaching $174.70. The company’s stock had a trading volume of 5,983 shares, compared to its average volume of 2,983. Winmark has a 1-year low of $127.80 and a 1-year high of $187.10. The stock has a market cap of $681.33 million, a price-to-earnings ratio of 24.51 and a beta of 0.11.

Several hedge funds have recently made changes to their positions in the company. Legal & General Group Plc raised its stake in shares of Winmark by 22.3% in the 4th quarter. Legal & General Group Plc now owns 456 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 83 shares in the last quarter. Millennium Management LLC raised its stake in shares of Winmark by 3.3% in the 4th quarter. Millennium Management LLC now owns 3,413 shares of the specialty retailer’s stock valued at $543,000 after buying an additional 108 shares in the last quarter. First Manhattan Co. raised its stake in shares of Winmark by 40.0% in the 4th quarter. First Manhattan Co. now owns 700 shares of the specialty retailer’s stock valued at $111,000 after buying an additional 200 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of Winmark by 3.7% in the 2nd quarter. California Public Employees Retirement System now owns 10,581 shares of the specialty retailer’s stock valued at $1,571,000 after buying an additional 381 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Winmark by 3.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 14,042 shares of the specialty retailer’s stock valued at $2,085,000 after buying an additional 423 shares in the last quarter. Institutional investors own 51.51% of the company’s stock.

About Winmark

Winmark Corporation operates as a franchisor of 5 retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names.

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