Buffalo Wild Wings Inc. (NASDAQ:BWLD) CEO Sally J. Smith sold 1,500 shares of the business’s stock in a transaction dated Monday, October 17th. The stock was sold at an average price of $141.43, for a total transaction of $212,145.00. Following the sale, the chief executive officer now directly owns 51,243 shares of the company’s stock, valued at approximately $7,247,297.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Buffalo Wild Wings Inc. (NASDAQ:BWLD) traded up 3.38% on Wednesday, hitting $143.60. 400,594 shares of the company were exchanged. The firm has a 50 day moving average of $150.60 and a 200-day moving average of $147.77. Buffalo Wild Wings Inc. has a 52-week low of $122.25 and a 52-week high of $185.23. The stock has a market cap of $2.63 billion, a PE ratio of 27.02 and a beta of 0.92.
Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Tuesday, July 26th. The company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.01. Buffalo Wild Wings had a net margin of 5.19% and a return on equity of 15.57%. The company earned $490.20 million during the quarter, compared to the consensus estimate of $498.86 million. During the same period in the previous year, the firm earned $1.12 earnings per share. Buffalo Wild Wings’s revenue for the quarter was up 15.0% on a year-over-year basis. On average, equities analysts expect that Buffalo Wild Wings Inc. will post $5.72 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services Inc increased its stake in Buffalo Wild Wings by 5.0% in the first quarter. Commonwealth Equity Services Inc now owns 1,963 shares of the company’s stock valued at $291,000 after buying an additional 93 shares in the last quarter. Aperio Group LLC boosted its position in Buffalo Wild Wings by 10.6% in the first quarter. Aperio Group LLC now owns 2,030 shares of the company’s stock worth $301,000 after buying an additional 194 shares during the last quarter. Virginia Retirement System purchased a new position in Buffalo Wild Wings during the first quarter worth approximately $267,000. Teachers Advisors Inc. boosted its position in Buffalo Wild Wings by 5.9% in the first quarter. Teachers Advisors Inc. now owns 31,463 shares of the company’s stock worth $4,660,000 after buying an additional 1,743 shares during the last quarter. Finally, BlackRock Inc. boosted its position in Buffalo Wild Wings by 9.8% in the first quarter. BlackRock Inc. now owns 7,461 shares of the company’s stock worth $1,106,000 after buying an additional 663 shares during the last quarter. Institutional investors own 94.74% of the company’s stock.
BWLD has been the subject of a number of research reports. Guggenheim raised shares of Buffalo Wild Wings from a “neutral” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Friday, June 24th. Vetr raised shares of Buffalo Wild Wings from a “strong sell” rating to a “hold” rating and set a $140.18 target price for the company in a research note on Monday, June 27th. BMO Capital Markets reissued a “buy” rating on shares of Buffalo Wild Wings in a research note on Sunday, June 26th. Zacks Investment Research raised shares of Buffalo Wild Wings from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 28th. Finally, Credit Suisse Group AG boosted their target price on shares of Buffalo Wild Wings from $120.00 to $136.34 and gave the stock an “underperform” rating in a research note on Wednesday, July 20th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have given a buy rating to the company. Buffalo Wild Wings currently has a consensus rating of “Hold” and an average price target of $162.46.
Buffalo Wild Wings Company Profile
Buffalo Wild Wings, Inc (Buffalo Wild Wings) is an owner, operator and franchisor of restaurants featuring various menu items. The Company’s restaurants feature a bar, which offers a selection of 20 to 30 domestic, imported and craft beers on tap, as well as bottled beers, wine and liquor. The Buffalo Wild Wings restaurants feature various menu items, including its Buffalo, New York-style chicken wings spun in one of its signature sauces from sweet to screamin’ hot, which includes Sweet barbeque (BBQ), Teriyaki, Bourbon Honey Mustard, Mild, Parmesan Garlic, Medium, Honey BBQ, Spicy Garlic, Asian Zing, Caribbean Jerk, Thai Curry, Hot BBQ, Hot, Mango Habanero, Wild and Blazin’, or signature seasonings, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper, and Salt & Vinegar.
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