Buffalo Wild Wings (NASDAQ:BWLD), watched two insiders lower their exposure to the company. Chief Operating Officer James M. Schmidt disposed of 1,000 shares of common stock at an average price of $156.03 per share; while President and CEO Sally J. Smith sold 2,000 shares of common stock also at an average price of $156.03 per share.
Following these transactions, Schmidt now has 40,941 shares directly invested in the company; and Smith directly holds 74,891 shares while indirectly holding 400 shares in the corporation. Buffalo Wild Wings (NASDAQ:BWLD), is a $2.91 billion market cap company that is an owner, operator, and franchisor of restaurant that feature a variety of menu items, including its Buffalo, New York-style chicken wings spun in any of its 16 types of sauces or five types of seasonings.
In addition, there are multiple hedge funds with holdings in the company. The investment comes from Ken Griffin‘s Citadel Investment Group, which after a 192700% increase in it’s activity last quarter, now holds 622,743 shares worth approximately $92.7 million invested in Buffalo Wild Wings (NASDAQ:BWLD).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.