Build-A-Bear Workshop (NYSE:BBW) Director Lesli Rotenberg Sells 1,000 Shares

Key Points

• Lesli Rotenberg, a director at Build-A-Bear Workshop, sold 1,000 shares at an average price of $61.34, reducing their ownership by 9.24% to a total of 9,825 shares.
• Build-A-Bear stock has shown a decline of 1.4% recently, trading at $60.37; the stock has a one-year range between $32.55 and $75.85.
• Analysts have set a new consensus target price of $68.00 for Build-A-Bear Workshop, with several brokerages giving it a "buy" rating.

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) Director Lesli Rotenberg sold 1,000 shares of the business's stock in a transaction on Monday, October 13th. The shares were sold at an average price of $61.34, for a total transaction of $61,340.00. Following the sale, the director owned 9,825 shares of the company's stock, valued at approximately $602,665.50. This represents a 9.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Lesli Rotenberg also recently made the following trade(s):

• On Monday, October 6th, Lesli Rotenberg sold 1,000 shares of Build-A-Bear Workshop stock. The stock was sold at an average price of $59.98, for a total transaction of $59,980.00.

Build-A-Bear Workshop Stock Down 1.4%

Shares of NYSE BBW traded down $0.85 during mid-day trading on Tuesday, reaching $60.37. 263,728 shares of the company were exchanged, compared to its average volume of 305,916. Build-A-Bear Workshop, Inc. has a 1 year low of $32.55 and a 1 year high of $75.85. The firm has a 50-day moving average of $62.69 and a 200 day moving average of $51.01. The stock has a market cap of $792.68 million, a price-to-earnings ratio of 13.54 and a beta of 0.69.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share for the quarter. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. The company had revenue of $150.45 million during the quarter. On average, equities analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 25th were given a $0.22 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.5%. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 19.73%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BBW. Northland Securities increased their target price on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Zacks Research lowered Build-A-Bear Workshop from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 6th. Wall Street Zen cut shares of Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 23rd. DA Davidson raised their target price on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Build-A-Bear Workshop in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $68.00.

Institutional Trading of Build-A-Bear Workshop

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Build-A-Bear Workshop by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 995,693 shares of the specialty retailer's stock worth $37,010,000 after buying an additional 13,713 shares in the last quarter. De Lisle Partners LLP lifted its position in 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 worth $28,519,000 after buying an additional 18,000 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Build-A-Bear Workshop by 5,113.6% in the second quarter. Thrivent Financial for Lutherans now owns 752,320 shares of the specialty retailer's stock valued at $38,789,000 after purchasing an additional 737,890 shares during the period. American Century Companies Inc. raised its holdings in shares of Build-A-Bear Workshop by 4.1% in the 2nd quarter. American Century Companies Inc. now owns 502,346 shares of the specialty retailer's stock valued at $25,901,000 after buying an additional 19,705 shares during the period. Finally, Geode Capital Management LLC grew its stake in Build-A-Bear Workshop by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 318,688 shares of the specialty retailer's stock worth $16,434,000 after purchasing an additional 7,428 shares in the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.

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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