Winmark (NASDAQ:WINA) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Winmark Corporation (NASDAQ:WINA) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $427.59 and traded as low as $416.45. Winmark shares last traded at $433.04, with a volume of 62,689 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Winmark from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Winmark Price Performance

The company has a 50 day simple moving average of $419.62 and a 200-day simple moving average of $427.59. The stock has a market cap of $1.54 billion, a P/E ratio of 38.60 and a beta of 0.69.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, October 15th. The specialty retailer reported $3.02 EPS for the quarter, missing the consensus estimate of $3.22 by ($0.20). The firm had revenue of $22.63 million for the quarter, compared to the consensus estimate of $20.19 million. Winmark had a net margin of 48.84% and a negative return on equity of 103.08%.

Insider Activity at Winmark

In other Winmark news, COO Renae M. Gaudette sold 1,200 shares of Winmark stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $417.11, for a total transaction of $500,532.00. Following the transaction, the chief operating officer directly owned 18,860 shares of the company’s stock, valued at approximately $7,866,694.60. This trade represents a 5.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 10.10% of the company’s stock.

Hedge Funds Weigh In On Winmark

Institutional investors and hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its stake in Winmark by 775.0% in the third quarter. Geneos Wealth Management Inc. now owns 70 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 62 shares during the last quarter. Cornerstone Planning Group LLC purchased a new position in shares of Winmark in the third quarter worth about $36,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Winmark in the 2nd quarter valued at about $43,000. CWM LLC lifted its stake in shares of Winmark by 358.8% in the 2nd quarter. CWM LLC now owns 156 shares of the specialty retailer’s stock valued at $59,000 after acquiring an additional 122 shares during the last quarter. Finally, State of Alaska Department of Revenue purchased a new stake in Winmark during the 3rd quarter valued at about $95,000. Institutional investors own 73.32% of the company’s stock.

About Winmark

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.