Build-A-Bear Workshop, Inc. (NYSE:BBW) CAO Sells $339,160.50 in Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) CAO Eric R. Fencl sold 6,993 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $48.50, for a total value of $339,160.50. Following the transaction, the chief accounting officer now directly owns 123,318 shares of the company's stock, valued at approximately $5,980,923. This represents a 5.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Build-A-Bear Workshop Price Performance

Shares of BBW traded up $0.10 during trading hours on Thursday, hitting $46.26. The stock had a trading volume of 268,064 shares, compared to its average volume of 273,229. The firm has a 50 day simple moving average of $39.13 and a 200-day simple moving average of $39.96. The firm has a market capitalization of $610.95 million, a P/E ratio of 12.30 and a beta of 0.72. Build-A-Bear Workshop, Inc. has a 1-year low of $23.63 and a 1-year high of $55.57.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its earnings results on Thursday, May 29th. The specialty retailer reported $1.17 EPS for the quarter, beating the consensus estimate of $0.86 by $0.31. The company had revenue of $128.40 million during the quarter, compared to the consensus estimate of $118.90 million. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same period last year, the business posted $0.82 EPS. Equities analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were paid a $0.22 dividend. The ex-dividend date was Thursday, March 27th. This is an increase from Build-A-Bear Workshop's previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 1.90%. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 21.15%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BBW. Wall Street Zen raised Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. DA Davidson lifted their price objective on Build-A-Bear Workshop from $50.00 to $60.00 and gave the stock a "buy" rating in a research report on Friday, May 30th. Finally, Piper Sandler increased their target price on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th.

Institutional Trading of Build-A-Bear Workshop

Large investors have recently made changes to their positions in the company. Inspire Investing LLC acquired a new position in Build-A-Bear Workshop during the 1st quarter valued at about $775,000. Rhumbline Advisers boosted its stake in Build-A-Bear Workshop by 6.0% during the 1st quarter. Rhumbline Advisers now owns 18,236 shares of the specialty retailer's stock valued at $678,000 after purchasing an additional 1,025 shares during the last quarter. Acadian Asset Management LLC boosted its stake in Build-A-Bear Workshop by 61.9% during the 1st quarter. Acadian Asset Management LLC now owns 119,046 shares of the specialty retailer's stock valued at $4,423,000 after purchasing an additional 45,498 shares during the last quarter. Caxton Associates LLP acquired a new position in Build-A-Bear Workshop during the 1st quarter valued at about $267,000. Finally, Jones Financial Companies Lllp acquired a new position in Build-A-Bear Workshop during the 1st quarter valued at about $199,000. 79.30% of the stock is currently owned by institutional investors and hedge funds.

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.

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