Build-A-Bear Workshop (NYSE:BBW) Stock Crosses Above Two Hundred Day Moving Average on Insider Selling

Key Points

• Build-A-Bear Workshop's stock price has recently crossed above its 200-day moving average of $51.08, indicating strong trading activity after an insider purchased additional shares.
• Analysts have recently issued mixed ratings on Build-A-Bear Workshop, with Zacks downgrading it to a "hold" while DA Davidson raised its price target to $85.00.
• The company declared a quarterly dividend of $0.22 per share, yielding 1.5%, with a dividend payout ratio currently at 19.73%.

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday after an insider bought additional shares in the company. The stock has a 200-day moving average of $51.08 and traded as high as $62.08. Build-A-Bear Workshop shares last traded at $60.37, with a volume of 263,728 shares.

Analysts Set New Price Targets

BBW has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Build-A-Bear Workshop from a "strong-buy" rating to a "hold" rating in a report on Monday, October 6th. Weiss Ratings restated a "buy (b-)" rating on shares of Build-A-Bear Workshop in a research report on Wednesday, October 8th. Wall Street Zen cut Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. DA Davidson raised their price target on Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Finally, Northland Securities raised their price target on 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. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $68.00.

Build-A-Bear Workshop Stock Down 1.4%

The firm has a market cap of $792.44 million, a price-to-earnings ratio of 13.54 and a beta of 0.69. The business has a 50 day moving average of $62.87 and a 200 day moving average of $51.08.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The specialty retailer reported $1.59 EPS for the quarter. The business had revenue of $150.45 million for the quarter. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%. Research analysts predict 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 was paid on Thursday, October 9th. Shareholders of record on Thursday, September 25th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, September 25th. Build-A-Bear Workshop's dividend payout ratio (DPR) is presently 19.73%.

Institutional Trading of Build-A-Bear Workshop

A number of hedge funds have recently added to or reduced their stakes in the business. Ameritas Investment Partners Inc. lifted its position in Build-A-Bear Workshop by 19.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,270 shares of the specialty retailer's stock worth $65,000 after acquiring an additional 206 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in Build-A-Bear Workshop by 2.8% during the 1st quarter. OneDigital Investment Advisors LLC now owns 10,486 shares of the specialty retailer's stock worth $390,000 after acquiring an additional 289 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in Build-A-Bear Workshop by 2.1% during the 2nd quarter. SkyView Investment Advisors LLC now owns 17,065 shares of the specialty retailer's stock worth $915,000 after acquiring an additional 356 shares in the last quarter. SummerHaven Investment Management LLC lifted its position in Build-A-Bear Workshop by 1.3% during the 2nd quarter. SummerHaven Investment Management LLC now owns 32,275 shares of the specialty retailer's stock worth $1,664,000 after acquiring an additional 414 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its position in Build-A-Bear Workshop by 6.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 7,284 shares of the specialty retailer's stock worth $376,000 after acquiring an additional 414 shares in the last quarter. 79.30% of the stock is owned by institutional investors and hedge funds.

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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