Artemis Investment Management LLP bought a new position in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 12,510 shares of the restaurant operator’s stock, valued at approximately $1,585,000. Artemis Investment Management LLP owned approximately 0.08% of Buffalo Wild Wings at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacad Investment Ltd. grew its stake in shares of Buffalo Wild Wings by 23.7% in the 2nd quarter. Pacad Investment Ltd. now owns 9,400 shares of the restaurant operator’s stock worth $1,191,000 after acquiring an additional 1,800 shares in the last quarter. Birinyi Associates Inc. bought a new stake in shares of Buffalo Wild Wings in the 2nd quarter worth $475,000. Pacer Advisors Inc. grew its stake in shares of Buffalo Wild Wings by 27.8% in the 2nd quarter. Pacer Advisors Inc. now owns 2,114 shares of the restaurant operator’s stock worth $268,000 after acquiring an additional 460 shares in the last quarter. Airain ltd bought a new stake in shares of Buffalo Wild Wings in the 2nd quarter worth $353,000. Finally, Bridge City Capital LLC bought a new stake in shares of Buffalo Wild Wings in the 2nd quarter worth $1,563,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) opened at 101.40 on Monday. The firm’s 50-day moving average is $112.00 and its 200 day moving average is $138.99. The stock has a market capitalization of $1.57 billion, a P/E ratio of 25.68 and a beta of 0.86. Buffalo Wild Wings, Inc. has a 12-month low of $101.20 and a 12-month high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share (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 the consensus estimate of $512.68 million. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.27 earnings per share. On average, equities research analysts forecast that Buffalo Wild Wings, Inc. will post $4.53 EPS for the current fiscal year.

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In related news, Director International Master F. Marcato acquired 9,100 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was bought at an average cost of $109.71 per share, for a total transaction of $998,361.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.19% of the company’s stock.

Several analysts have recently issued reports on the stock. Cowen and Company reiterated a “hold” rating and issued a $110.00 target price on shares of Buffalo Wild Wings in a research note on Friday. Canaccord Genuity reiterated a “hold” rating and issued a $120.00 target price (down previously from $135.00) on shares of Buffalo Wild Wings in a research note on Thursday, July 27th. BMO Capital Markets reiterated a “market perform” rating and issued a $130.00 target price (down previously from $150.00) on shares of Buffalo Wild Wings in a research note on Thursday, July 27th. Deutsche Bank AG reiterated a “buy” rating and issued a $145.00 target price (down previously from $165.00) on shares of Buffalo Wild Wings in a research note on Thursday, July 27th. Finally, Oppenheimer Holdings, Inc. reduced their target price on shares of Buffalo Wild Wings from $165.00 to $135.00 and set an “outperform” rating for the company in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have issued a buy rating to the company’s stock. Buffalo Wild Wings currently has a consensus rating of “Hold” and a consensus price target of $142.55.

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

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