Ronald G. Olson, a significant shareholder of Winmark Corp (NASDAQ:WINA), recently sold a substantial portion of his holdings in the company. On November 22 and 25, Olson executed four separate transactions, selling a total of 6,400 shares of Winmark's common stock. The sale prices ranged from $407.396 to $424.3497 per share, amounting to a total transaction value of approximately $2.67 million.
Following these sales, Olson's direct ownership stands at 146,335 shares. Additionally, he holds an indirect interest in 250,573 shares through his spouse. This series of transactions highlights Olson's ongoing adjustments to his investment in the retail company, which specializes in resale franchise operations.
InvestingPro Insights
Winmark Corp's recent insider selling activity by Ronald G. Olson comes amid a period of strong stock performance for the company. According to InvestingPro data, Winmark has shown a robust 16.1% price total return over the past month and a 17.03% return over the last three months. This positive momentum is reflected in the stock trading at 92.48% of its 52-week high, suggesting investor confidence in the company's prospects.
Despite the recent insider sale, Winmark boasts several strengths that may interest long-term investors. An InvestingPro Tip highlights that the company has maintained dividend payments for 15 consecutive years, demonstrating a commitment to shareholder returns. This is further supported by a current dividend yield of 2.84% and an impressive dividend growth of 73.91% over the last twelve months.
From a valuation perspective, Winmark is trading at a high earnings multiple with a P/E ratio of 36.54. This premium valuation could be justified by the company's strong financial position, as another InvestingPro Tip indicates that Winmark's liquid assets exceed short-term obligations, suggesting solid financial health.
For investors seeking a more comprehensive analysis, InvestingPro offers 11 additional tips on Winmark Corp, providing deeper insights into the company's financial performance and market position.
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