Blue Buffalo Pet Products Inc (BUFF) Insider William W. Bishop, Jr. Sells 21,200 Shares

Blue Buffalo Pet Products Inc (NASDAQ:BUFF) insider William W. Bishop, Jr. sold 21,200 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $32.63, for a total transaction of $691,756.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Blue Buffalo Pet Products Inc (NASDAQ BUFF) traded up $1.93 on Thursday, hitting $34.98. 3,321,400 shares of the stock traded hands, compared to its average volume of 1,127,194. Blue Buffalo Pet Products Inc has a 52 week low of $21.51 and a 52 week high of $35.80. The company has a current ratio of 4.22, a quick ratio of 3.62 and a debt-to-equity ratio of 1.61. The firm has a market cap of $6,453.44, a price-to-earnings ratio of 41.03, a price-to-earnings-growth ratio of 1.94 and a beta of 1.83.

Several equities research analysts recently commented on BUFF shares. Citigroup upped their price target on shares of Blue Buffalo Pet Products from $33.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, January 16th. Zacks Investment Research upgraded shares of Blue Buffalo Pet Products from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research report on Monday, January 15th. Susquehanna Bancshares set a $41.00 price target on shares of Blue Buffalo Pet Products and gave the company a “buy” rating in a research report on Thursday, December 28th. Wells Fargo & Co upgraded shares of Blue Buffalo Pet Products to a “buy” rating and set a $36.00 price target for the company in a research report on Friday, December 8th. Finally, Barclays reiterated a “buy” rating and issued a $29.00 target price on shares of Blue Buffalo Pet Products in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. Blue Buffalo Pet Products has an average rating of “Buy” and a consensus price target of $32.54.

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Blue Buffalo Pet Products by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 7,072,744 shares of the company’s stock valued at $161,330,000 after buying an additional 310,094 shares during the last quarter. FMR LLC grew its position in Blue Buffalo Pet Products by 360.6% in the 2nd quarter. FMR LLC now owns 3,320,428 shares of the company’s stock worth $75,739,000 after purchasing an additional 2,599,478 shares during the last quarter. Mackenzie Financial Corp grew its position in Blue Buffalo Pet Products by 12.1% in the 4th quarter. Mackenzie Financial Corp now owns 2,692,140 shares of the company’s stock worth $88,275,000 after purchasing an additional 290,953 shares during the last quarter. Wells Fargo & Company MN grew its position in Blue Buffalo Pet Products by 14.8% in the 3rd quarter. Wells Fargo & Company MN now owns 2,448,233 shares of the company’s stock worth $69,409,000 after purchasing an additional 314,874 shares during the last quarter. Finally, Frontier Capital Management Co. LLC grew its position in Blue Buffalo Pet Products by 27.5% in the 3rd quarter. Frontier Capital Management Co. LLC now owns 1,706,316 shares of the company’s stock worth $48,374,000 after purchasing an additional 368,376 shares during the last quarter. Institutional investors and hedge funds own 95.35% of the company’s stock.

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Blue Buffalo Pet Products Company Profile

Blue Buffalo Pet Products, Inc (BBPP) is a holding company. The Company operates as a pet food company. The Company, through its subsidiaries, develops, produces, markets and sells pet food under product lines, including BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines.

Insider Buying and Selling by Quarter for Blue Buffalo Pet Products (NASDAQ:BUFF)

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