Gallacher Capital Management LLC Makes New Investment in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Gallacher Capital Management LLC purchased a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,830 shares of the specialty retailer's stock, valued at approximately $626,000. Gallacher Capital Management LLC owned about 0.13% of Build-A-Bear Workshop as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Foundry Partners LLC boosted its stake in Build-A-Bear Workshop by 138.1% in the first quarter. Foundry Partners LLC now owns 115,885 shares of the specialty retailer's stock valued at $4,307,000 after acquiring an additional 67,205 shares during the last quarter. Victory Capital Management Inc. boosted its stake in Build-A-Bear Workshop by 166.1% in the first quarter. Victory Capital Management Inc. now owns 44,932 shares of the specialty retailer's stock valued at $1,670,000 after acquiring an additional 28,048 shares during the last quarter. Larson Financial Group LLC purchased a new position in Build-A-Bear Workshop in the first quarter valued at approximately $372,000. 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 purchasing an additional 289 shares during the last quarter. Finally, CWA Asset Management Group LLC lifted its stake in Build-A-Bear Workshop by 43.0% in the first quarter. CWA Asset Management Group LLC now owns 24,836 shares of the specialty retailer's stock valued at $923,000 after purchasing an additional 7,467 shares during the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Piper Sandler upped their price target on 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. DA Davidson upped their price target on 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. Finally, Wall Street Zen raised shares of Build-A-Bear Workshop from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 5th.

Build-A-Bear Workshop Stock Down 4.9%

BBW traded down $2.69 during trading on Thursday, reaching $52.30. 65,521 shares of the company were exchanged, compared to its average volume of 276,243. The company's 50-day moving average is $49.35 and its two-hundred day moving average is $42.29. The company has a market cap of $690.90 million, a price-to-earnings ratio of 12.57 and a beta of 0.70. Build-A-Bear Workshop, Inc. has a 12-month low of $23.63 and a 12-month high of $55.56.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.31. Build-A-Bear Workshop had a net margin of 10.91% and a return on equity of 40.74%. The firm had revenue of $128.40 million for the quarter, compared to the consensus estimate of $118.90 million. During the same period in the prior year, the firm posted $0.82 earnings per share. 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, July 10th. Investors of record on Thursday, June 26th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date was Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio is currently 21.15%.

Insider Activity at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 31,250 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $45.73, for a total transaction of $1,429,062.50. Following the sale, the chief executive officer owned 291,305 shares in the company, valued at $13,321,377.65. This trade represents 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 this hyperlink. Also, CAO Eric R. Fencl sold 6,993 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $48.50, for a total value of $339,160.50. Following the transaction, the chief accounting officer directly owned 123,318 shares in the company, valued at approximately $5,980,923. This represents a 5.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 48,248 shares of company stock valued at $2,276,383. Company insiders own 5.80% of the company's stock.

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.