Two Insiders Sell Shares At Buffalo Wild Wings (BWLD): James Schmidt And Sally Smith Sold 1,000 Shares And 1,500 Shares Respectively.

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Chief operating officer James Schmidt at Buffalo Wild Wings (NASDAQ:BWLD) sold 1,000 shares of common stock, at a price of $152.37 per share. The transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Schmidt on February 19, 2014. After this sell, he owns a total of 41,941 shares at the company, amount which includes 8,212 shares of common stock issuable in settlement of performance, and 2,808 restricted stock units which will vest in their entirety on March 12, 2015 and be settled at that time on a one for one basis in shares of the Company’s common stock.

 

Ceo and President Sally Smith sold by her part 1,500 shares of common stock, pursuant to a Rule 10b5-1 trading plan adopted in February, 2014. The shares were sold at a price of $152.37 per share, and Mrs. Smith currently holds 400 shares indirectly, by daughter, and another 76,891 shares directly. “Included in this amount are 11,234 restricted stock units which will vest in their entirety on March 12, 2015 and be settled at that time on a one for one basis in shares of the Company’s common stock,”

 

This $2.89 Billion Market Cap restaurateur has attracted different hedge funds over the course of this year. This quarter’s most important investor is Citadel Investment Group, Ken Griffin’s hedge fund. It has largely increased its stake at Buffalo Wild Wings (NASDAQ:BWLD), and owns currently 622,743 shares, worth $92 million, which accounts for 0.12%of the fund’s Equity Portfolio.

Disclosure: None.

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