Insider Selling: Buffalo Wild Wings Director Unloads 1,000 Shares of Stock (BWLD)
Buffalo Wild Wings (NASDAQ:BWLD) Director Warren Mack sold 1,000 shares of the stock on the open market in a transaction dated Thursday, October 31st. The stock was sold at an average price of $140.85, for a total value of $140,850.00. Following the sale, the director now directly owns 19,823 shares in the company, valued at approximately $2,792,070. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Buffalo Wild Wings (NASDAQ:BWLD) traded up 0.01% during mid-day trading on Friday, hitting $142.60. 356,897 shares of the company’s stock traded hands. Buffalo Wild Wings has a 1-year low of $69.72 and a 1-year high of $144.93. The stock’s 50-day moving average is $117.1 and its 200-day moving average is $103.7. The company has a market cap of $2.678 billion and a P/E ratio of 44.40.
Buffalo Wild Wings (NASDAQ:BWLD) last announced its earnings results on Tuesday, October 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.10. The company had revenue of $315.80 million for the quarter, compared to the consensus estimate of $311.59 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. The company’s quarterly revenue was up 27.9% on a year-over-year basis. On average, analysts predict that Buffalo Wild Wings will post $3.74 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on BWLD shares. Analysts at Zacks reiterated a “neutral” rating on shares of Buffalo Wild Wings in a research note to investors on Thursday. They now have a $148.00 price target on the stock. Separately, analysts at Wedbush raised their price target on shares of Buffalo Wild Wings from $150.00 to $165.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Buffalo Wild Wings from $130.00 to $150.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Eleven analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Buffalo Wild Wings presently has a consensus rating of “Hold” and a consensus price target of $128.38.
Buffalo Wild Wings, Inc, is a owner, operator, and franchisor of restaurants. The Company features a variety of menu items, including its Buffalo, New York-style chicken wings spun in any of its 16 types of sauces or five types of seasonings.
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