Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) Director Sharon Price John sold 6,818 shares of the business's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $40.03, for a total value of $272,924.54. Following the completion of the transaction, the director owned 181,653 shares in the company, valued at $7,271,569.59. The trade was a 3.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Build-A-Bear Workshop Trading Up 1.1%
Shares of BBW opened at $39.30 on Wednesday. The company has a market capitalization of $492.88 million, a price-to-earnings ratio of 9.20 and a beta of 1.10. The stock has a 50 day moving average of $34.25 and a 200 day moving average of $38.35. Build-A-Bear Workshop, Inc. has a 12 month low of $29.35 and a 12 month high of $75.85.
Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The specialty retailer reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.27. Build-A-Bear Workshop had a return on equity of 32.15% and a net margin of 10.48%.The business had revenue of $125.27 million for the quarter, compared to analyst estimates of $129.45 million. As a group, equities research analysts predict that Build-A-Bear Workshop, Inc. will post 4.04 earnings per share for the current year.
Build-A-Bear Workshop Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, June 25th. Build-A-Bear Workshop's payout ratio is presently 21.55%.
Institutional Trading of Build-A-Bear Workshop
Several hedge funds have recently made changes to their positions in BBW. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Build-A-Bear Workshop during the 2nd quarter valued at $245,000. California State Teachers Retirement System grew its stake in shares of Build-A-Bear Workshop by 61,511.8% during the 2nd quarter. California State Teachers Retirement System now owns 414,031 shares of the specialty retailer's stock worth $13,526,000 after acquiring an additional 413,359 shares during the period. AXQ Capital LP increased its holdings in Build-A-Bear Workshop by 26.1% in the 2nd quarter. AXQ Capital LP now owns 8,167 shares of the specialty retailer's stock worth $250,000 after acquiring an additional 1,692 shares during the last quarter. Wellington Management Group LLP increased its holdings in Build-A-Bear Workshop by 108.9% in the 2nd quarter. Wellington Management Group LLP now owns 21,100 shares of the specialty retailer's stock worth $646,000 after acquiring an additional 11,000 shares during the last quarter. Finally, Cannell Capital LLC bought a new stake in Build-A-Bear Workshop in the 2nd quarter valued at about $3,155,524,000. 79.30% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on BBW shares. Weiss Ratings restated a "hold (c)" rating on shares of Build-A-Bear Workshop in a research report on Monday, August 17th. DA Davidson reaffirmed a "buy" rating and issued a $60.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, May 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $70.00.
Read Our Latest Analysis on Build-A-Bear Workshop
About Build-A-Bear Workshop
(
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Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.
Founded in 1997 by Maxine Clark and headquartered in St.
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