Build-A-Bear Workshop, Inc. (BBW) Major Shareholder Acquires $421,835.04 in Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW) major shareholder Point72 Asset Management, L.P. acquired 39,204 shares of the firm’s stock in a transaction on Tuesday, May 23rd. The stock was purchased at an average price of $10.76 per share, with a total value of $421,835.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Point72 Asset Management, L.P. also recently made the following trade(s):

  • On Wednesday, May 24th, Point72 Asset Management, L.P. acquired 10,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $10.70 per share, with a total value of $107,000.00.
  • On Thursday, May 18th, Point72 Asset Management, L.P. acquired 33,603 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $10.53 per share, with a total value of $353,839.59.
  • On Monday, May 15th, Point72 Asset Management, L.P. acquired 36,196 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $10.65 per share, with a total value of $385,487.40.
  • On Thursday, May 11th, Point72 Asset Management, L.P. acquired 23,194 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $10.65 per share, with a total value of $247,016.10.

Build-A-Bear Workshop, Inc. (NYSE BBW) opened at 10.75 on Friday. The company has a market capitalization of $167.74 million, a P/E ratio of 275.64 and a beta of -0.10. The stock’s 50 day moving average price is $10.86 and its 200 day moving average price is $11.15. Build-A-Bear Workshop, Inc. has a one year low of $8.05 and a one year high of $15.85.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, April 27th. The specialty retailer reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.13. The firm had revenue of $90.60 million during the quarter, compared to analysts’ expectations of $87.48 million. Build-A-Bear Workshop had a return on equity of 5.28% and a net margin of 0.17%. The firm’s quarterly revenue was down 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 EPS. Equities analysts anticipate that Build-A-Bear Workshop, Inc. will post $0.56 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd acquired a new position in shares of Build-A-Bear Workshop during the first quarter valued at about $108,000. Trexquant Investment LP acquired a new position in shares of Build-A-Bear Workshop during the first quarter valued at about $129,000. Two Sigma Investments LP acquired a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at about $164,000. Federated Investors Inc. PA raised its position in shares of Build-A-Bear Workshop by 5.0% in the fourth quarter. Federated Investors Inc. PA now owns 18,484 shares of the specialty retailer’s stock valued at $254,000 after buying an additional 872 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Build-A-Bear Workshop by 43.0% in the first quarter. KBC Group NV now owns 29,332 shares of the specialty retailer’s stock valued at $260,000 after buying an additional 8,814 shares in the last quarter. 71.73% of the stock is currently owned by institutional investors.

Several equities analysts have recently weighed in on BBW shares. Zacks Investment Research downgraded Build-A-Bear Workshop from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 22nd. BMO Capital Markets reduced their price target on Build-A-Bear Workshop to $9.00 in a report on Tuesday, February 21st. Dougherty & Co reduced their price target on Build-A-Bear Workshop from $20.00 to $13.50 and set a “buy” rating for the company in a report on Friday, February 17th. TheStreet downgraded Build-A-Bear Workshop from a “b-” rating to a “c+” rating in a report on Friday, March 3rd. Finally, Craig Hallum set a $15.00 price target on Build-A-Bear Workshop and gave the company a “buy” rating in a report on Friday, February 17th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Build-A-Bear Workshop currently has a consensus rating of “Buy” and an average price target of $12.20.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

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