Buffalo Wild Wings CEO Unloads $312,060 in Stock (BWLD)
Buffalo Wild Wings (NASDAQ:BWLD) CEO Sally J. Smith sold 2,000 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $156.03, for a total value of $312,060.00. Following the completion of the transaction, the chief executive officer now directly owns 74,891 shares of the company’s stock, valued at approximately $11,685,243. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on BWLD. Analysts at Barclays raised their price target on shares of Buffalo Wild Wings from $184.00 to $190.00 in a research note on Tuesday. They now have an “overweight” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Buffalo Wild Wings in a research note on Wednesday, June 25th. They now have a $175.00 price target on the stock, up previously from $160.00. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Buffalo Wild Wings in a research note on Friday, May 23rd. They now have a $172.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $149.53.
Buffalo Wild Wings (NASDAQ:BWLD) traded down 0.83% on Wednesday, hitting $153.35. The stock had a trading volume of 300,959 shares. Buffalo Wild Wings has a 52 week low of $94.05 and a 52 week high of $167.36. The stock’s 50-day moving average is $155. and its 200-day moving average is $145.4. The company has a market cap of $2.898 billion and a P/E ratio of 35.06.
Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Monday, April 28th. The company reported $1.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.34 by $0.15. The company had revenue of $367.90 million for the quarter, compared to the consensus estimate of $362.96 million. During the same quarter in the prior year, the company posted $0.87 earnings per share. The company’s quarterly revenue was up 20.9% on a year-over-year basis. On average, analysts predict that Buffalo Wild Wings will post $5.07 earnings per share for the current fiscal year.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.