Buffalo Wild Wings EVP Sells $278,324 in Stock (BWLD)
Buffalo Wild Wings (NASDAQ:BWLD) EVP Judith A. Shoulak unloaded 1,950 shares of the stock on the open market in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $142.73, for a total value of $278,323.50. Following the transaction, the executive vice president now directly owns 16,615 shares of the company’s stock, valued at approximately $2,371,459. The sale was disclosed in a document filed with the SEC, which is available at this link.
A number of analysts have recently weighed in on BWLD shares. 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, August 12th. 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, August 12th. They now have a $148.00 price target on the stock. One 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 company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $142.49.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at 142.81 on Monday. Buffalo Wild Wings has a 1-year low of $103.39 and a 1-year high of $167.64. The stock’s 50-day moving average is $153. and its 200-day moving average is $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. On average, analysts predict 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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