Build-A-Bear Workshop (NYSE:BBW) Director Sells $59,980.00 in Stock

Key Points

• Build-A-Bear Workshop Director Lesli Rotenberg sold 1,000 shares of stock for a total of $59,980, representing an 8.46% decrease in ownership.
• The company's stock price fell by 3.4% to $57.97 after the sale, with a market capitalization of $761.08 million.
• Build-A-Bear Workshop recently declared a quarterly dividend of $0.22 per share, reflecting a 1.5% yield with a 19.73% payout ratio.

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 dated Monday, October 6th. The stock was sold at an average price of $59.98, for a total transaction of $59,980.00. Following the sale, the director owned 10,825 shares in the company, valued at $649,283.50. This trade represents a 8.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Build-A-Bear Workshop Stock Down 3.4%

NYSE:BBW traded down $2.05 on Tuesday, reaching $57.97. 465,916 shares of the company's stock were exchanged, compared to its average volume of 452,083. The firm has a market capitalization of $761.08 million, a price-to-earnings ratio of 13.00 and a beta of 0.69. The business has a fifty day moving average of $61.94 and a 200-day moving average of $50.32. Build-A-Bear Workshop, Inc. has a 52-week low of $32.55 and a 52-week high of $75.85.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.27. The company had revenue of $124.25 million for the quarter, compared to analyst estimates of $116.19 million. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. During the same period in the prior year, the firm earned $0.64 earnings per share. As a group, equities analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 25th will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, September 25th. This represents a $0.88 dividend on an annualized basis and a yield of 1.5%. Build-A-Bear Workshop's dividend payout ratio is 19.73%.

Hedge Funds Weigh In On Build-A-Bear Workshop

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ameritas Investment Partners Inc. lifted its stake in Build-A-Bear Workshop by 19.4% in the second quarter. Ameritas Investment Partners Inc. now owns 1,270 shares of the specialty retailer's stock valued at $65,000 after buying an additional 206 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in Build-A-Bear Workshop by 2.8% in the first quarter. OneDigital Investment Advisors LLC now owns 10,486 shares of the specialty retailer's stock valued at $390,000 after buying an additional 289 shares during the last quarter. SummerHaven Investment Management LLC lifted its stake in Build-A-Bear Workshop by 1.1% in the first quarter. SummerHaven Investment Management LLC now owns 31,861 shares of the specialty retailer's stock valued at $1,184,000 after buying an additional 340 shares during the last quarter. SkyView Investment Advisors LLC lifted its stake in Build-A-Bear Workshop by 2.1% in the second quarter. SkyView Investment Advisors LLC now owns 17,065 shares of the specialty retailer's stock valued at $915,000 after buying an additional 356 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in Build-A-Bear Workshop by 6.0% in the second quarter. Rafferty Asset Management LLC now owns 7,284 shares of the specialty retailer's stock valued at $376,000 after buying an additional 414 shares during the last quarter. 79.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BBW has been the topic of a number of recent research reports. DA Davidson boosted their price target 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. Wall Street Zen downgraded Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. Weiss Ratings reissued a "buy (b-)" rating on shares of Build-A-Bear Workshop in a research report on Saturday, September 27th. Zacks Research raised Build-A-Bear Workshop from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Finally, Northland Securities boosted their price objective on Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company's stock. Based on data from MarketBeat, Build-A-Bear Workshop presently has a consensus rating of "Buy" and an average price target of $68.00.

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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