Build-A-Bear Workshop (NYSE:BBW) CEO Sharon Price John Sells 30,000 Shares

Build-A-Bear Workshop, Inc. (NYSE:BBW) CEO Sharon Price John sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $73.25, for a total transaction of $2,197,500.00. Following the transaction, the chief executive officer directly owned 261,305 shares of the company’s stock, valued at approximately $19,140,591.25. This represents a 10.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Build-A-Bear Workshop Trading Up 3.6%

Shares of NYSE:BBW opened at $74.21 on Friday. Build-A-Bear Workshop, Inc. has a 12 month low of $30.72 and a 12 month high of $75.85. The stock has a market cap of $974.31 million, a P/E ratio of 16.64 and a beta of 0.72. The company has a 50 day moving average of $57.96 and a 200 day moving average of $47.55.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.27. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. The business had revenue of $124.25 million during the quarter, compared to analysts’ expectations of $116.19 million. During the same quarter in the previous year, the company earned $0.64 EPS. On average, equities analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 25th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 25th. Build-A-Bear Workshop’s payout ratio is currently 19.73%.

Institutional Investors Weigh In On Build-A-Bear Workshop

Institutional investors have recently made changes to their positions in the business. Quarry LP purchased a new stake in shares of Build-A-Bear Workshop in the 1st quarter valued at $28,000. AlphaQuest LLC boosted its stake in shares of Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 419 shares in the last quarter. MTM Investment Management LLC purchased a new stake in shares of Build-A-Bear Workshop in the 2nd quarter valued at $52,000. Canada Pension Plan Investment Board bought a new stake in Build-A-Bear Workshop during the 2nd quarter valued at $57,000. Finally, Ameritas Investment Partners Inc. raised its holdings in Build-A-Bear Workshop by 19.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,270 shares of the specialty retailer’s stock valued at $65,000 after buying an additional 206 shares during the last quarter. Hedge funds and other institutional investors own 79.30% of the company’s stock.

Analyst Ratings Changes

BBW has been the subject of a number of research reports. Zacks Research raised shares of Build-A-Bear Workshop from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. DA Davidson boosted their price target on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Northland Securities boosted their price target on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Wall Street Zen cut shares of Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $68.00.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.