Buffalo Wild Wings, Inc. (NASDAQ:BWLD) was the recipient of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 1,796,841 shares, a growth of 49.9% from the July 31st total of 1,198,790 shares. Based on an average trading volume of 362,293 shares, the short-interest ratio is currently 5.0 days. Currently, 11.8% of the shares of the stock are sold short.

In other news, Director International Master F. Marcato purchased 9,100 shares of the stock in a transaction dated Tuesday, August 1st. The shares were purchased at an average cost of $109.71 per share, with a total value of $998,361.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.19% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of BWLD. Tyers Asset Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock worth $114,000 after buying an additional 44 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after buying an additional 75 shares in the last quarter. FNY Managed Accounts LLC bought a new position in shares of Buffalo Wild Wings during the first quarter worth approximately $130,000. Flinton Capital Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock worth $146,000 after buying an additional 56 shares in the last quarter. Finally, Neuburgh Advisers LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock worth $177,000 after buying an additional 68 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

A number of equities analysts have weighed in on the company. Maxim Group reissued a “hold” rating and set a $175.00 price objective on shares of Buffalo Wild Wings in a research note on Tuesday, May 9th. UBS AG raised Buffalo Wild Wings to a “buy” rating in a research note on Monday, May 15th. Citigroup Inc. reissued a “neutral” rating and set a $161.00 price objective (down previously from $162.00) on shares of Buffalo Wild Wings in a research note on Monday, May 15th. Deutsche Bank AG raised Buffalo Wild Wings from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $155.00 to $180.00 in a research note on Monday, May 15th. Finally, Wedbush lowered Buffalo Wild Wings from a “neutral” rating to an “underperform” rating and boosted their price objective for the stock from $150.00 to $155.00 in a research note on Tuesday, May 30th. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $142.55.

Shares of Buffalo Wild Wings (BWLD) opened at 101.40 on Friday. Buffalo Wild Wings has a one year low of $101.25 and a one year high of $175.10. The stock has a market cap of $1.57 billion, a P/E ratio of 25.68 and a beta of 0.86. The firm’s 50-day moving average price is $112.00 and its 200 day moving average price is $138.99.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 EPS for the quarter, missing the Zacks’ consensus estimate of $1.01 by $0.35. The company had revenue of $500 million for the quarter, compared to analyst estimates of $512.68 million. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.27 EPS. Equities research analysts expect that Buffalo Wild Wings will post $4.53 EPS for the current fiscal year.

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Buffalo Wild Wings Company 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.

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