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Winmark's COO Renae Gaudette sells $570,165 in stock

Published 28/10/2024, 21:06
WINA
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Renae M. Gaudette, the Chief Operating Officer of Winmark Corp (NASDAQ:WINA), recently executed a series of stock transactions, according to a recent SEC filing. On October 24, Gaudette acquired 3,000 shares of common stock through the exercise of employee stock options at a price of $80.32 per share, totaling approximately $240,959.

Subsequently, on October 25, Gaudette sold 1,500 shares at a price of $380.11 per share, generating a total of $570,165. This sale was made to cover a portion of the exercise price and taxes due on the option exercises.

Following these transactions, Gaudette now holds 15,060 shares of Winmark Corp directly.

InvestingPro Insights

Renae M. Gaudette's recent stock transactions at Winmark Corp (NASDAQ:WINA) reflect a complex interplay of executive compensation and market dynamics. To provide additional context for these moves, let's examine some key financial metrics and insights from InvestingPro.

Winmark Corp currently boasts a market capitalization of $1.33 billion, indicating its substantial presence in the retail sector. The company's price-to-earnings (P/E) ratio stands at 32.92, suggesting that investors are willing to pay a premium for Winmark's earnings potential. This aligns with an InvestingPro Tip noting that Winmark is "trading at a high earnings multiple."

Despite the high valuation, Winmark has demonstrated strong financial performance. The company's operating income margin for the last twelve months as of Q3 2024 was an impressive 64.42%, highlighting its operational efficiency. This robust profitability is further emphasized by another InvestingPro Tip, which states that Winmark has been "profitable over the last twelve months."

Investors should also note Winmark's commitment to shareholder returns. The company offers a dividend yield of 3.23%, with an InvestingPro Tip highlighting that Winmark "has maintained dividend payments for 15 consecutive years." This consistent dividend policy may be particularly attractive to income-focused investors.

For those considering a deeper dive into Winmark's financials and prospects, InvestingPro offers 8 additional tips that could provide valuable insights for investment decisions. These tips, along with real-time metrics, can help investors better understand the context of executive transactions like those executed by Gaudette.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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