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 the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $45.73, for a total value 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. This represents a 9.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Build-A-Bear Workshop Price Performance

BBW stock traded up $1.30 during trading on Friday, reaching $47.66. The company had a trading volume of 208,299 shares, compared to its average volume of 273,469. Build-A-Bear Workshop, Inc. has a 52 week low of $23.63 and a 52 week high of $55.57. The business has a 50 day moving average of $39.30 and a 200 day moving average of $40.09. The company has a market cap of $629.33 million, a P/E ratio of 12.67 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its earnings results on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.31. The company had revenue of $128.40 million for 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 quarter last year, the company posted $0.82 earnings per share. Research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.85%. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Thursday, March 27th. Build-A-Bear Workshop's payout ratio is 21.15%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Build-A-Bear Workshop by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 995,693 shares of the specialty retailer's stock valued at $37,010,000 after acquiring an additional 13,713 shares during the last quarter. De Lisle Partners LLP increased its position in shares of Build-A-Bear Workshop by 2.4% during the first quarter. De Lisle Partners LLP now owns 765,911 shares of the specialty retailer's stock valued at $28,519,000 after acquiring an additional 18,000 shares during the last quarter. American Century Companies Inc. increased its position in shares of Build-A-Bear Workshop by 11.8% during the first quarter. American Century Companies Inc. now owns 482,641 shares of the specialty retailer's stock valued at $17,940,000 after acquiring an additional 50,933 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Build-A-Bear Workshop by 26.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 291,990 shares of the specialty retailer's stock valued at $13,443,000 after purchasing an additional 61,111 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Build-A-Bear Workshop by 77.5% during the 4th quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer's stock worth $8,289,000 after acquiring an additional 78,629 shares in the last quarter. Institutional investors own 79.30% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on BBW. Wall Street Zen downgraded Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a report on Saturday. Piper Sandler raised their price target 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. Finally, DA Davidson lifted their price objective on shares of Build-A-Bear Workshop from $50.00 to $60.00 and gave the company a "buy" rating in a research note on Friday, May 30th.

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.