Build-A-Bear Workshop, Inc. (NYSE:BBW) Director Sells $101,640.30 in Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW) Director Lesli Rotenberg sold 2,473 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $41.10, for a total transaction of $101,640.30. Following the completion of the sale, the director now owns 11,724 shares of the company’s stock, valued at approximately $481,856.40. This trade represents a 17.42 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Build-A-Bear Workshop Trading Up 1.9 %

Shares of Build-A-Bear Workshop stock traded up $0.79 on Tuesday, reaching $41.34. The stock had a trading volume of 292,336 shares, compared to its average volume of 236,213. The business’s 50 day moving average is $37.31 and its two-hundred day moving average is $31.17. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $47.01. The company has a market cap of $558.83 million, a P/E ratio of 10.99 and a beta of 1.54.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.40%. During the same period in the prior year, the business posted $0.53 earnings per share. On average, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current fiscal year.

Build-A-Bear Workshop announced that its Board of Directors has initiated a share buyback plan on Wednesday, September 11th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the specialty retailer to reacquire up to 23.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.80 dividend on an annualized basis and a yield of 1.94%. Build-A-Bear Workshop’s dividend payout ratio is currently 21.28%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. DA Davidson boosted their price target on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Friday. StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd. Finally, Northland Securities lifted their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BBW. Franklin Resources Inc. purchased a new stake in Build-A-Bear Workshop in the third quarter valued at approximately $282,000. SkyView Investment Advisors LLC increased its holdings in shares of Build-A-Bear Workshop by 2.4% in the 3rd quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer’s stock worth $1,089,000 after buying an additional 734 shares during the last quarter. Barclays PLC raised its position in shares of Build-A-Bear Workshop by 311.3% during the 3rd quarter. Barclays PLC now owns 18,246 shares of the specialty retailer’s stock valued at $627,000 after buying an additional 13,810 shares in the last quarter. Hohimer Wealth Management LLC bought a new stake in shares of Build-A-Bear Workshop during the 3rd quarter worth $230,000. Finally, MML Investors Services LLC bought a new position in Build-A-Bear Workshop in the third quarter valued at $338,000. Hedge funds and other institutional investors own 79.30% of the company’s stock.

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.