Boothbay Fund Management LLC Sells 1,225 Shares of Buffalo Wild Wings, Inc. (BWLD)

Boothbay Fund Management LLC lowered its stake in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 14.1% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,450 shares of the restaurant operator’s stock after selling 1,225 shares during the period. Boothbay Fund Management LLC’s holdings in Buffalo Wild Wings were worth $787,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Public Employees Retirement System of Ohio lifted its holdings in shares of Buffalo Wild Wings by 10.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 75 shares during the period. Suntrust Banks Inc. lifted its holdings in shares of Buffalo Wild Wings by 4.1% during the 2nd quarter. Suntrust Banks Inc. now owns 2,552 shares of the restaurant operator’s stock valued at $323,000 after buying an additional 101 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its holdings in shares of Buffalo Wild Wings by 8.4% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,249 shares of the restaurant operator’s stock valued at $451,000 after buying an additional 252 shares during the period. Voya Investment Management LLC lifted its holdings in shares of Buffalo Wild Wings by 3.8% during the 2nd quarter. Voya Investment Management LLC now owns 7,730 shares of the restaurant operator’s stock valued at $979,000 after buying an additional 283 shares during the period. Finally, California Public Employees Retirement System lifted its holdings in shares of Buffalo Wild Wings by 0.8% during the 2nd quarter. California Public Employees Retirement System now owns 40,000 shares of the restaurant operator’s stock valued at $5,068,000 after buying an additional 300 shares during the period. Institutional investors own 92.51% of the company’s stock.

A number of equities analysts recently commented on the company. Dougherty & Co cut Buffalo Wild Wings from a “buy” rating to a “neutral” rating in a report on Friday, December 1st. Robert W. Baird set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Tuesday, November 28th. Mizuho set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Tuesday, November 28th. Stifel Nicolaus set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Wednesday, November 29th. Finally, BMO Capital Markets set a $157.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Wednesday, November 29th. Two investment analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and three have given a buy rating to the company’s stock. Buffalo Wild Wings currently has a consensus rating of “Hold” and a consensus price target of $144.67.

In related news, Director Marcato Capital Management Lp sold 200,094 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $155.54, for a total transaction of $31,122,620.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director International Master F. Marcato sold 987,284 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $155.57, for a total transaction of $153,591,771.88. The disclosure for this sale can be found here. 1.19% of the stock is currently owned by insiders.

Shares of Buffalo Wild Wings, Inc. (NASDAQ BWLD) opened at $156.30 on Friday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. Buffalo Wild Wings, Inc. has a 12 month low of $95.00 and a 12 month high of $175.10. The firm has a market cap of $2,423.47, a P/E ratio of 36.04, a PEG ratio of 1.91 and a beta of 0.90.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.57. The company had revenue of $496.70 million for the quarter, compared to analyst estimates of $500.97 million. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. Buffalo Wild Wings’s revenue was up .5% compared to the same quarter last year. During the same period last year, the company posted $1.23 earnings per share. sell-side analysts expect that Buffalo Wild Wings, Inc. will post 4.99 EPS for the current fiscal year.

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Buffalo Wild Wings Profile

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.

Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

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