Winmark (NASDAQ:WINA) Shares Gap Up – Still a Buy?

Winmark Corporation (NASDAQ:WINA) gapped up before the market opened on Thursday . The stock had previously closed at $446.69, but opened at $487.70. Winmark shares last traded at $453.6090, with a volume of 43,562 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Winmark in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Winmark Trading Up 0.3%

The business has a 50 day moving average of $422.95 and a two-hundred day moving average of $430.63. The firm has a market cap of $1.61 billion, a P/E ratio of 40.37 and a beta of 0.69.

Institutional Trading of Winmark

Several hedge funds and other institutional investors have recently modified their holdings of WINA. Tower Research Capital LLC TRC raised its holdings in Winmark by 19.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after acquiring an additional 34 shares during the period. Mariner LLC grew its position in shares of Winmark by 3.9% in the third quarter. Mariner LLC now owns 933 shares of the specialty retailer’s stock valued at $464,000 after purchasing an additional 35 shares during the last quarter. Anchor Capital Advisors LLC increased its stake in shares of Winmark by 1.3% during the third quarter. Anchor Capital Advisors LLC now owns 3,402 shares of the specialty retailer’s stock worth $1,693,000 after purchasing an additional 43 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Winmark by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 4,229 shares of the specialty retailer’s stock worth $2,105,000 after purchasing an additional 43 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Winmark by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 2,025 shares of the specialty retailer’s stock worth $1,008,000 after purchasing an additional 45 shares during the last quarter. 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.