Banque Cantonale Vaudoise Takes Position in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Key Points

• Banque Cantonale Vaudoise acquired a new position in Build-A-Bear Workshop, purchasing 8,893 shares valued at approximately $331,000, representing about 0.07% of the company.
• Insider transactions include CEO Sharon Price John selling 31,250 shares for $1.43 million, reducing her ownership by 9.69% and bringing her total holdings to 291,305 shares.
• Build-A-Bear Workshop's stock has a market capitalization of $651.39 million, a P/E ratio of 11.85, and reported quarterly earnings of $1.17 per share, exceeding analyst expectations.

Banque Cantonale Vaudoise bought 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 (SEC). The institutional investor bought 8,893 shares of the specialty retailer's stock, valued at approximately $331,000. Banque Cantonale Vaudoise owned about 0.07% of Build-A-Bear Workshop at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BBW. Tower Research Capital LLC TRC boosted its position in Build-A-Bear Workshop by 494.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer's stock worth $78,000 after purchasing an additional 1,405 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Build-A-Bear Workshop by 3,357.4% in the first quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer's stock worth $166,000 after buying an additional 4,331 shares during the period. Legal & General Group Plc raised its stake in shares of Build-A-Bear Workshop by 26.0% in the fourth quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer's stock worth $175,000 after buying an additional 783 shares during the period. The Manufacturers Life Insurance Company bought a new position in shares of Build-A-Bear Workshop in the fourth quarter worth about $207,000. Finally, Townsquare Capital LLC bought a new position in shares of Build-A-Bear Workshop in the fourth quarter worth about $225,000. 79.30% of the stock is owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Price Performance

Shares of BBW stock traded down $1.40 during mid-day trading on Friday, hitting $49.31. The stock had a trading volume of 259,238 shares, compared to its average volume of 172,459. The firm has a market capitalization of $651.39 million, a P/E ratio of 11.85 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. The firm's 50-day moving average is $50.68 and its two-hundred day moving average is $42.70.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.31. The firm had revenue of $128.40 million during the quarter, compared to analysts' expectations of $118.90 million. Build-A-Bear Workshop had a return on equity of 40.74% and a net margin of 10.91%. During the same period in the prior year, the business posted $0.82 EPS. Analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Thursday, June 26th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio is currently 21.15%.

Wall Street Analyst Weigh In

BBW has been the topic of a number of research analyst reports. DA Davidson boosted their price target on Build-A-Bear Workshop from $50.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Wall Street Zen raised Build-A-Bear Workshop from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 5th. Finally, Piper Sandler upped their price objective 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.

Insiders Place Their Bets

In related news, CEO Sharon Price John sold 31,250 shares of the company'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 transaction, the chief executive officer directly owned 291,305 shares of the company's stock, valued at $13,321,377.65. This represents a 9.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Eric R. Fencl sold 6,993 shares of the company'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 $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 quarter, insiders sold 48,248 shares of company stock valued at $2,276,383. 5.80% of the stock is currently owned by corporate insiders.

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.