Buffalo Wild Wings, Inc. (BWLD) SVP Buys $19,973.20 in Stock

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) SVP Santiago M. Abraham purchased 184 shares of the firm’s stock in a transaction dated Friday, July 28th. The shares were bought at an average price of $108.55 per share, with a total value of $19,973.20. Following the purchase, the senior vice president now owns 4,877 shares in the company, valued at $529,398.35. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Buffalo Wild Wings, Inc. (BWLD) traded down 1.23% during trading on Friday, hitting $108.70. 345,712 shares of the company’s stock were exchanged. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 27.53 and a beta of 0.86. The company’s 50-day moving average price is $117.48 and its 200 day moving average price is $142.53. Buffalo Wild Wings, Inc. has a 12-month low of $105.10 and a 12-month high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing the consensus estimate of $1.01 by $0.35. The firm had revenue of $500 million for the quarter, compared to analysts’ expectations of $512.68 million. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. Buffalo Wild Wings’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $1.27 earnings per share. Equities analysts forecast that Buffalo Wild Wings, Inc. will post $4.54 earnings per share for the current fiscal year.

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A number of large investors have recently modified their holdings of BWLD. Public Employees Retirement System of Ohio raised its stake in shares of Buffalo Wild Wings by 10.1% in the second quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock valued at $107,000 after buying an additional 77 shares during the last quarter. Tyers Asset Management LLC raised its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock valued at $114,000 after buying an additional 44 shares during the last quarter. FNY Managed Accounts LLC bought a new stake in shares of Buffalo Wild Wings during the first quarter valued at approximately $130,000. Flinton Capital Management LLC raised its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock valued at $146,000 after buying an additional 56 shares during the last quarter. Finally, Neuburgh Advisers LLC raised its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock valued at $177,000 after buying an additional 68 shares during the last quarter. 95.39% of the stock is owned by institutional investors.

BWLD has been the subject of several analyst reports. Deutsche Bank AG reaffirmed a “buy” rating and issued a $180.00 price objective on shares of Buffalo Wild Wings in a report on Wednesday, June 28th. Maxim Group raised shares of Buffalo Wild Wings from a “hold” rating to a “buy” rating and raised their price target for the company from $175.00 to $180.00 in a report on Friday, May 19th. UBS AG raised shares of Buffalo Wild Wings to a “buy” rating in a report on Monday, May 15th. Barclays PLC cut their price target on shares of Buffalo Wild Wings from $177.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, July 19th. Finally, Wedbush upgraded shares of Buffalo Wild Wings from an “underperform” rating to a “neutral” rating and set a $115.00 price objective on the stock in a research report on Thursday, July 20th. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $141.78.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Insider Buying and Selling by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

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