Banque Cantonale Vaudoise Invests $331,000 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 acquired a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,893 shares of the specialty retailer's stock, valued at approximately $331,000. Banque Cantonale Vaudoise owned 0.07% of Build-A-Bear Workshop as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Alta Fox Capital Management LLC acquired a new position in shares of Build-A-Bear Workshop during the 4th quarter worth about $5,631,000. Invesco Ltd. raised its position in shares of Build-A-Bear Workshop by 396.5% in the 4th quarter. Invesco Ltd. now owns 129,801 shares of the specialty retailer's stock valued at $5,976,000 after buying an additional 103,656 shares in the last quarter. Marshall Wace LLP raised its position in shares of Build-A-Bear Workshop by 269.9% in the 4th quarter. Marshall Wace LLP now owns 137,922 shares of the specialty retailer's stock valued at $6,350,000 after buying an additional 100,633 shares in the last quarter. Pacer Advisors Inc. acquired a new position in Build-A-Bear Workshop during the 1st quarter worth approximately $3,154,000. Finally, Foundry Partners LLC increased its position in Build-A-Bear Workshop by 138.1% during the 1st quarter. Foundry Partners LLC now owns 115,885 shares of the specialty retailer's stock worth $4,307,000 after purchasing an additional 67,205 shares in the last quarter. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Lesli Rotenberg sold 1,755 shares of the firm's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $53.52, for a total transaction of $93,927.60. Following the completion of the sale, the director owned 11,825 shares in the company, valued at approximately $632,874. This trade represents a 12.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Craig Leavitt sold 8,250 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $50.21, for a total transaction of $414,232.50. Following the sale, the director owned 72,392 shares of the company's stock, valued at $3,634,802.32. This trade represents a 10.23% decrease in their position. The disclosure for this sale can be found here. Insiders sold 48,248 shares of company stock valued at $2,276,383 over the last ninety days. Company insiders own 5.80% of the company's stock.

Build-A-Bear Workshop Trading Up 1.1%

NYSE BBW traded up $0.55 on Tuesday, hitting $51.47. 80,963 shares of the company were exchanged, compared to its average volume of 271,127. The company has a market cap of $679.80 million, a PE ratio of 12.38 and a beta of 0.70. Build-A-Bear Workshop, Inc. has a 12 month low of $24.37 and a 12 month high of $55.56. The stock has a fifty day moving average of $50.87 and a 200-day moving average of $42.81.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share for the quarter, beating 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 analyst estimates of $118.90 million. During the same period last year, the firm earned $0.82 earnings per share. On average, analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio (DPR) is presently 21.15%.

Analyst Ratings Changes

BBW has been the subject of several recent research reports. Wall Street Zen upgraded shares of Build-A-Bear Workshop from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 5th. DA Davidson upped their price target on shares of Build-A-Bear Workshop from $60.00 to $64.00 and gave the company a "buy" rating in a research report on Monday. Finally, Piper Sandler increased their price objective on shares of Build-A-Bear Workshop from $35.00 to $39.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th.

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.