Sally J. Smith Sells 2,000 Shares of Buffalo Wild Wings Inc. (BWLD) Stock
Buffalo Wild Wings Inc. (NASDAQ:BWLD) CEO Sally J. Smith sold 2,000 shares of the business’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $156.85, for a total value of $313,700.00. Following the completion of the transaction, the chief executive officer now owns 52,593 shares of the company’s stock, valued at approximately $8,249,212.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Sally J. Smith also recently made the following trade(s):
- On Friday, July 15th, Sally J. Smith sold 1,500 shares of Buffalo Wild Wings stock. The stock was sold at an average price of $136.55, for a total value of $204,825.00.
Shares of Buffalo Wild Wings Inc. (NASDAQ:BWLD) opened at 155.86 on Thursday. The firm’s 50-day moving average price is $163.20 and its 200-day moving average price is $149.25. The stock has a market capitalization of $2.85 billion, a P/E ratio of 29.33 and a beta of 0.86. Buffalo Wild Wings Inc. has a 12 month low of $122.25 and a 12 month high of $205.26.
Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings data on Tuesday, July 26th. The company reported $1.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.26 by $0.01. The business earned $490.20 million during the quarter, compared to analyst estimates of $498.86 million. Buffalo Wild Wings had a return on equity of 15.57% and a net margin of 5.19%. The company’s revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the business posted $1.12 EPS. On average, equities research analysts forecast that Buffalo Wild Wings Inc. will post $5.74 EPS for the current year.
Several research firms have recently weighed in on BWLD. Vetr upgraded Buffalo Wild Wings from a “sell” rating to a “hold” rating and set a $153.33 price target for the company in a research note on Wednesday, September 14th. BMO Capital Markets reiterated an “outperform” rating and set a $200.00 price objective on shares of Buffalo Wild Wings in a research report on Tuesday, September 13th. Citigroup Inc. upped their price objective on Buffalo Wild Wings from $152.00 to $175.00 and gave the company a “neutral” rating in a research report on Tuesday, September 13th. Robert W. Baird reiterated an “outperform” rating on shares of Buffalo Wild Wings in a research report on Thursday, September 8th. Finally, Buckingham Research reiterated a “neutral” rating and set a $161.00 price objective on shares of Buffalo Wild Wings in a research report on Wednesday, September 7th. Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twelve have issued a buy rating to the company. Buffalo Wild Wings presently has an average rating of “Hold” and a consensus price target of $158.68.
Institutional investors have recently added to or reduced their stakes in the stock. Sei Investments Co. raised its position in Buffalo Wild Wings by 71.3% in the second quarter. Sei Investments Co. now owns 1,028 shares of the company’s stock worth $143,000 after buying an additional 428 shares during the last quarter. LS Investment Advisors LLC raised its position in Buffalo Wild Wings by 69.7% in the second quarter. LS Investment Advisors LLC now owns 1,169 shares of the company’s stock worth $162,000 after buying an additional 480 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new position in Buffalo Wild Wings during the first quarter worth $182,000. Pacer Advisors Inc. bought a new position in Buffalo Wild Wings during the second quarter worth $184,000. Finally, Quadrature Capital Ltd bought a new position in Buffalo Wild Wings during the first quarter worth $207,000. Institutional investors and hedge funds own 94.76% of the company’s stock.
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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