Build-A-Bear Workshop, Inc. (NYSE:BBW) CEO Sells $1,429,062.50 in Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) CEO Sharon Price John sold 31,250 shares of Build-A-Bear Workshop stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $45.73, for a total transaction of $1,429,062.50. Following the sale, the chief executive officer now owns 291,305 shares of the company's stock, valued at approximately $13,321,377.65. The trade was a 9.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Build-A-Bear Workshop Stock Up 0.2%

Shares of BBW traded up $0.10 during mid-day trading on Thursday, reaching $46.26. 268,064 shares of the company's stock were exchanged, compared to its average volume of 273,229. The company has a 50-day simple moving average of $39.13 and a two-hundred day simple moving average of $39.96. Build-A-Bear Workshop, Inc. has a 52-week low of $23.63 and a 52-week high of $55.57. The company has a market cap of $610.95 million, a price-to-earnings ratio of 12.30 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.31. The business had revenue of $128.40 million during the quarter, compared to analysts' expectations of $118.90 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. During the same period last year, the company posted $0.82 EPS. As a group, equities research 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. Shareholders of record on Thursday, March 27th were paid a $0.22 dividend. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Thursday, March 27th. Build-A-Bear Workshop's payout ratio is presently 21.15%.

Institutional Trading of Build-A-Bear Workshop

Several hedge funds and other institutional investors have recently bought and sold shares of BBW. Quarry LP purchased a new stake in Build-A-Bear Workshop in the 1st quarter worth approximately $28,000. AlphaQuest LLC grew its stake in Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer's stock worth $30,000 after acquiring an additional 419 shares during the period. New York State Teachers Retirement System purchased a new stake in shares of Build-A-Bear Workshop during the 4th quarter valued at $53,000. Tower Research Capital LLC TRC grew its stake in shares of Build-A-Bear Workshop by 494.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer's stock valued at $78,000 after buying an additional 1,405 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Build-A-Bear Workshop by 3,357.4% during the 1st quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer's stock valued at $166,000 after buying an additional 4,331 shares during the period. 79.30% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

About Build-A-Bear Workshop

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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