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Public Employees Retirement System of Ohio purchased a new stake in Wingstop Inc. (NASDAQ: WING) during the second quarter, according to its most recent filing with the SEC. The fund purchased 7,840 shares of the restaurant operator's stock, valued at approximately $1,360,000. Other hedge funds have also bought and sold shares of the
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Bamco Inc. NY bought a new stake in shares of Wingstop Inc. (NASDAQ: WING) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 430,165 shares of the restaurant operator's stock, valued at approximately $74,595,000. Bamco Inc. NY owned approximately 1.58%
Bank of New York Mellon Corp purchased a new stake in Wingstop Inc. (NASDAQ: WING) in the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 463,965 shares of the restaurant operator's stock, valued at approximately $80,456,000. Bank of New York Mellon Corp owned 1.70% of
BlackRock Inc. bought a new stake in Wingstop Inc. (NASDAQ: WING) during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,775,585 shares of the restaurant operator's stock, valued at approximately $481,314,000. BlackRock Inc. owned about 10.19% of
Same-store sales have declined for five straight quarters. The stock price surged some 8% on Aug. 14.
Despite its plummeting share price in recent years, this stock has delivered annualized total returns of 16% since 2015.
Wingstop remains a compelling growth story despite recent market concerns over Q2 2026 domestic same-store sales declines. I see Wall Street's reaction as an overreaction, given other strong metrics in the latest earnings report. Wingstop continues to demonstrate significant earnings expansion, supporting a bullish long-term outlook.