Breaking Short Interest: Buffalo Wild Wings Incorporated (NASDAQ:BWLD) Reports Decline in Sellers; Strong Momentum for Longs

November 28, 2016 - By Vivian Park   ·   0 Comments

Breaking Short Interest: Buffalo Wild Wings Incorporated (NASDAQ:BWLD) Reports Decline in Sellers; Strong Momentum for Longs

The stock of Buffalo Wild Wings Incorporated (NASDAQ:BWLD) registered a decrease of 4.15% in short interest. BWLD’s total short interest was 1.61M shares in November as published by FINRA. Its down 4.15% from 1.68M shares, reported previously. With 514,700 shares average volume, it will take short sellers 3 days to cover their BWLD’s short positions. The short interest to Buffalo Wild Wings Incorporated’s float is 9.43%. About 122,735 shares traded hands. Buffalo Wild Wings (NASDAQ:BWLD) has risen 18.08% since April 25, 2016 and is uptrending. It has outperformed by 12.07% the S&P500.

Buffalo Wild Wings, Inc. is an owner, operator and franchisor of restaurants featuring various menu items. The company has a market cap of $3.07 billion. The Company’s restaurants feature a bar, which offers a selection of 20 to 30 domestic, imported and craft beers on tap, as well as bottled beers, wine and liquor. It has a 30.1 P/E ratio. The Buffalo Wild Wings restaurants feature various menu items, including its Buffalo, New York-style chicken wings spun in one of its signature sauces from sweet to screamin’ hot, which includes Sweet barbeque (BBQ), Teriyaki, Bourbon Honey Mustard, Mild, Parmesan Garlic, Medium, Honey BBQ, Spicy Garlic, Asian Zing, Caribbean Jerk, Thai Curry, Hot BBQ, Hot, Mango Habanero, Wild and Blazin’, or signature seasonings, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper, and Salt & Vinegar.

Insitutional Activity: The institutional sentiment decreased to 0.82 in Q2 2016. Its down 0.13, from 0.95 in 2016Q1. The ratio fall, as 42 funds sold all Buffalo Wild Wings shares owned while 81 reduced positions. 29 funds bought stakes while 88 increased positions. They now own 16.95 million shares or 0.62% less from 17.05 million shares in 2016Q1.
Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in the company for 575 shares. Jane Street Gru Ltd Limited Liability Company accumulated 3,364 shares or 0% of the stock. Raymond James And Associates reported 11,412 shares or 0% of all its holdings. Blackrock Japan Company, a Japan-based fund reported 28 shares. Susquehanna Int Gru Llp, a Pennsylvania-based fund reported 52,887 shares. Amer International Grp Inc has invested 0% of its portfolio in Buffalo Wild Wings (NASDAQ:BWLD). Teacher Retirement Sys Of Texas, a Texas-based fund reported 2,646 shares. Engineers Gate Manager L P has 0.03% invested in the company for 3,000 shares. Moreover, Signaturefd Limited Liability Company has 0% invested in Buffalo Wild Wings (NASDAQ:BWLD) for 6 shares. Pioneer Investment Mgmt Inc owns 47,832 shares or 0.02% of their US portfolio. Jpmorgan Chase & Co accumulated 9,734 shares or 0% of the stock. State Teachers Retirement Systems has 37,996 shares for 0.01% of their US portfolio. M&T Bank Corporation has invested 0% of its portfolio in Buffalo Wild Wings (NASDAQ:BWLD). Stifel Fin Corp owns 1,478 shares or 0% of their US portfolio. Qs Invsts Ltd Co reported 2 shares or 0% of all its holdings.

Insider Transactions: Since June 15, 2016, the stock had 0 insider purchases, and 19 sales for $3.08 million net activity. Sorum B Jeffrey sold $134,514 worth of stock. SCHMIDT JAMES M had sold 750 shares worth $126,000 on Monday, August 1. SHOULAK JUDITH A sold $298,800 worth of stock or 1,992 shares. Decker Emily C. also sold $16,185 worth of Buffalo Wild Wings (NASDAQ:BWLD) on Thursday, September 1. $88,888 worth of Buffalo Wild Wings (NASDAQ:BWLD) shares were sold by DAMIAN JAMES M. Another trade for 2,000 shares valued at $325,005 was sold by SMITH SALLY J. Patterson Lee R. sold $85,228 worth of stock.

Buffalo Wild Wings (NASDAQ:BWLD) Ratings Coverage

Out of 25 analysts covering Buffalo Wild Wings (NASDAQ:BWLD), 11 rate it a “Buy”, 2 “Sell”, while 12 “Hold”. This means 44% are positive. Buffalo Wild Wings has been the topic of 64 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the stock with “Underperform” rating in Thursday, February 4 report. As per Friday, June 24, the company rating was upgraded by Guggenheim. The company was maintained on Thursday, October 29 by Telsey Advisory Group. The rating was maintained by Citigroup with “Neutral” on Tuesday, September 13. Deutsche Bank maintained it with “Hold” rating and $155 target price in Wednesday, August 17 report. On Wednesday, April 27 the stock rating was maintained by Jefferies with “Hold”. Maxim Group maintained Buffalo Wild Wings (NASDAQ:BWLD) rating on Monday, November 23. Maxim Group has “Buy” rating and $205.0 price target. Maxim Group maintained the stock with “Hold” rating in Friday, September 30 report. Raymond James upgraded Buffalo Wild Wings (NASDAQ:BWLD) on Thursday, February 4 to “Outperform” rating. The rating was maintained by Credit Suisse on Tuesday, September 1 with “Sell”.

BWLD Company Profile

Buffalo Wild Wings, Inc. (Buffalo Wild Wings), incorporated on December 19, 1995, is an owner, operator and franchisor of restaurants featuring various menu items, including its Buffalo, New York-style chicken wings. The Company’s restaurants feature a bar, which offers a selection of 20 to 30 domestic, imported and craft beers on tap, as well as bottled beers, wine and liquor. The Buffalo Wild Wings restaurants feature various menu items, including its Buffalo, New York-style chicken wings spun in one of its signature sauces from sweet to screamin’ hot, which includes Sweet barbeque (BBQ), Teriyaki, Bourbon Honey Mustard, Mild, Parmesan Garlic, Medium, Honey BBQ, Spicy Garlic, Asian Zing, Caribbean Jerk, Thai Curry, Hot BBQ, Hot, Mango Habanero, Wild and Blazin’, or signature seasonings, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper, and Salt & Vinegar.

More notable recent Buffalo Wild Wings (NASDAQ:BWLD) news were published by: Businessinsider.com which released: “Here’s the brutal presentation that an activist investor just published about …” on August 17, 2016, also Cnbc.com with their article: “Why Jim Cramer says Buffalo Wild Wings will have better days post-election” published on November 16, 2016, Mlive.com published: “Buffalo Wild Wings coming to former Old Country Buffet site” on November 22, 2016. More interesting news about Buffalo Wild Wings (NASDAQ:BWLD) were released by: Thestreet.com and their article: “Buffalo Wild Wings Is Not Likely to Take Flight” published on November 07, 2016 as well as Fool.com‘s news article titled: “Highlights From Buffalo Wild Wings’ Q3 Earnings Report” with publication date: November 08, 2016.

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By Vivian Park


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