Buffalo Wild Wings (BWLD) Insider Lowers Stakes In The Company

Buffalo Wild Wings (NASDAQ:BWLD), saw an insider lower his holdings with the company today. Chief Operating Officer James M Schmidt sold 1,000 shares of common stock at an average price of $143.38 per share. Following this transaction, Schmidt now holds a total of 39,941 shares directly in Buffalo Wild Wings (NASDAQ:BWLD), the $2.71 billion market cap company that is an owner, operator, and franchisor of restaurants.
In addition, there are a myriad of hedge funds involved with the company. Ken Griffin‘s Citadel Investment Group saw a large rise in its activity last quarter, by 192700%, and now holds 622,743 shares worth about $92.7 million; Donald Chiboucis‘ Columbus Circle Investors reported a 3% decrease in its investments last quarter, now holding 409,368 shares worth nearly $61 million; while Renaissance Technologies, the hedge fund controlled by Jim Simons, upped its involvement last quarter by 125%, and now has 246,395 shares worth approximately $36.7 million invested in Buffalo Wild Wings (NASDAQ:BWLD).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.