Buffalo Wild Wings Inc. (NASDAQ:BWLD)’s share price dropped 3.8% during trading on Friday . The company traded as low as $135.33 and last traded at $136.29, with a volume of 597,416 shares. The stock had previously closed at $141.60.

BWLD has been the topic of a number of recent analyst reports. Vetr raised Buffalo Wild Wings from a “buy” rating to a “strong-buy” rating and set a $170.54 price objective on the stock in a research note on Monday, March 21st. Goldman Sachs Group Inc. raised Buffalo Wild Wings from a “buy” rating to a “conviction-buy” rating and set a $187.00 price objective on the stock in a research note on Thursday, March 24th. Credit Suisse Group AG reissued an “underperform” rating on shares of Buffalo Wild Wings in a research note on Friday, March 25th. Telsey Advisory Group raised Buffalo Wild Wings from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $165.00 to $175.00 in a research note on Tuesday, March 29th. Finally, Maxim Group reissued a “buy” rating and issued a $190.00 price objective (down previously from $195.00) on shares of Buffalo Wild Wings in a research note on Tuesday, April 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and sixteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $157.63.

The firm has a market cap of $2.56 billion and a PE ratio of 26.25. The stock’s 50 day moving average is $142.84 and its 200-day moving average is $146.96.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its quarterly earnings data on Tuesday, April 26th. The company reported $1.73 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.77 by $0.04. The firm earned $508.30 million during the quarter, compared to analysts’ expectations of $533.14 million. The company’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.52 earnings per share. Equities research analysts forecast that Buffalo Wild Wings Inc. will post $5.75 EPS for the current fiscal year.

In other news, SVP Andrew D. Block sold 250 shares of Buffalo Wild Wings stock in a transaction dated Monday, June 20th. The stock was sold at an average price of $145.00, for a total value of $36,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lee R. Patterson sold 1,285 shares of Buffalo Wild Wings stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $136.65, for a total value of $175,595.25. Following the completion of the transaction, the vice president now directly owns 5,870 shares of the company’s stock, valued at $802,135.50. The disclosure for this sale can be found here.

A number of hedge funds have recently modified their holdings of the stock. Retirement Systems of Alabama raised its stake in shares of Buffalo Wild Wings by 1.5% in the fourth quarter. Retirement Systems of Alabama now owns 24,473 shares of the company’s stock worth $3,907,000 after buying an additional 361 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Buffalo Wild Wings by 8.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,709 shares of the company’s stock worth $1,551,000 after buying an additional 739 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Buffalo Wild Wings by 24.2% in the fourth quarter. Advisors Asset Management Inc. now owns 6,281 shares of the company’s stock worth $1,003,000 after buying an additional 1,222 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Buffalo Wild Wings by 3.7% in the fourth quarter. Rhumbline Advisers now owns 35,606 shares of the company’s stock worth $5,684,000 after buying an additional 1,283 shares during the last quarter. Finally, Financial Counselors Inc. raised its stake in shares of Buffalo Wild Wings by 17.1% in the fourth quarter. Financial Counselors Inc. now owns 8,907 shares of the company’s stock worth $1,422,000 after buying an additional 1,301 shares during the last quarter.

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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