Insider Selling: Sally J. Smith Unloads 1,500 Shares of Buffalo Wild Wings Stock (BWLD)
Buffalo Wild Wings (NASDAQ:BWLD) CEO Sally J. Smith unloaded 1,500 shares of the stock on the open market in a transaction dated Friday, August 15th. The stock was sold at an average price of $143.38, for a total value of $215,070.00. Following the completion of the transaction, the chief executive officer now directly owns 73,391 shares in the company, valued at approximately $10,522,802. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Buffalo Wild Wings from an “outperform” rating to a “neutral” rating in a research note on Thursday. They now have a $151.00 price target on the stock. Separately, analysts at S&P Equity Research raised their price target on shares of Buffalo Wild Wings from $3.06 to $3.80 in a research note on Tuesday. They now have a “buy” rating on the stock. They noted that the move was a valuation call. Finally, analysts at Morgan Stanley upgraded shares of Buffalo Wild Wings from an “underweight” rating to an “equal weight” rating in a research note on Tuesday. They now have a $148.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the stock. Buffalo Wild Wings has a consensus rating of “Buy” and an average target price of $142.49.
Buffalo Wild Wings (NASDAQ:BWLD) traded up 0.01% during mid-day trading on Friday, hitting $142.81. The stock had a trading volume of 402,823 shares. Buffalo Wild Wings has a 52-week low of $103.39 and a 52-week high of $167.64. The stock has a 50-day moving average of $153. and a 200-day moving average of $146.5. The company has a market cap of $2.702 billion and a price-to-earnings ratio of 29.87.
Buffalo Wild Wings (NASDAQ:BWLD) last released its earnings data on Tuesday, July 29th. The company reported $1.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.19 by $0.06. The company had revenue of $366.00 million for the quarter, compared to the consensus estimate of $358.85 million. During the same quarter last year, the company posted $0.88 earnings per share. Buffalo Wild Wings’s revenue was up 20.0% compared to the same quarter last year. Analysts expect that Buffalo Wild Wings will post $5.05 EPS for the current fiscal year.
Buffalo Wild Wings, Inc, is an 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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