Shares of Buffalo Wild Wings soar on bid reports

Share

Minneapolis-based Buffalo Wild Wings had a market value of $2.6 billion at the time. The restaurant operator reported $1.36 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.57. Teachers Advisors LLC now owns 116,567 shares of the restaurant operator's stock valued at $14,769,000 after acquiring an additional 68,398 shares during the last quarter.

Here are some institutional investors who have increased or decreased their stake in (BWLD). Among the stocks making big moves are restaurant chain Buffalo Wild Wings (NASDAQ:BWLD), entertainment streaming service Roku Inc (NASDAQ:ROKU), and technology infrastructure concern Switch Inc (NYSE:SWCH). Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator's stock worth $209,000 after purchasing an additional 700 shares during the last quarter.

ILLEGAL ACTIVITY WARNING: "Buffalo Wild Wings, Inc". Unlike ROKU, Switch's first quarterly report sent the shares down 5% to $19.11, at last check, and to an intraday low of $18.16 - just pennies away from its early November record low.

Shares of Buffalo Wild Wings (NASDAQ:BWLD) opened at $118.85 on Thursday. The company had revenue of $496.70 million during the quarter, compared to analysts' expectations of $500.97 million.

Global crude oil demand to ease on warm climate
A more widespread use of electric cars will not be enough to consign oil to the past, said IEA Executive Director Fatih Birol. Crude oil markets are expected to be oversupplied in the current quarter and going into 2018, the IEA said.

Andhra Pradesh: Wild boar enters airport, hits IndiGo flight
The flight carrying 150 passengers and four crew members hit wild boar causing killing of the animal and damaging the rear wheel. The captain of the flight immediately chose to hold over Vizag and reported the matter to ATC.

AWS sells China hardware to local cloud partner
Apple eliminated VPNs from its app store in July 2017, as Chinese government restricted the use of such services. To comply with Chinese legislation, however, Amazon sold certain physical infrastructure to its local partner.

Roark Capital values the restaurant chain at more than $2.3 billion and wishes to buy the Buffalo Wild Wings, best known for its bar and chicken wing appetizers. Macquarie Group Ltd. bought a new stake in shares of Buffalo Wild Wings in the 3rd quarter worth approximately $148,000. The operating margin is 4.60% percent and the net profit margin stand at 3.20% percent. If you are viewing this piece on another site, it was illegally stolen and reposted in violation of USA & worldwide trademark & copyright laws.

As of the end of the quarter Davidson Investment Advisors had acquired 50,606 shares growing its position 37,485.9%. Victory Capital Management Inc. lifted its stake in Buffalo Wild Wings by 36.8% in the third quarter.

The company's Chief Executive Sally Smith said she would retire by the end of the year after Marcato won a bitter proxy battle in June that put three of its directors on the chicken-wing restaurant's board. 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.

Share