American Century Companies Inc. Has $17.94 Million Holdings in Build-A-Bear Workshop, Inc. $BBW

Key Points

• American Century Companies Inc. increased its stake in Build-A-Bear Workshop by 11.8%, owning 482,641 shares valued at approximately $17.94 million.
• Insider trading activities included Director Lesli Rotenberg selling 1,755 shares, reducing their ownership by 12.92%, while Director Craig Leavitt sold 8,250 shares, which was a 10.23% decrease in their holdings.
• Build-A-Bear Workshop reported a net revenue of $128.4 million and earnings per share of $1.17 for the last quarter, surpassing analysts' expectations.

American Century Companies Inc. boosted its position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 11.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 482,641 shares of the specialty retailer's stock after purchasing an additional 50,933 shares during the period. American Century Companies Inc. owned about 3.65% of Build-A-Bear Workshop worth $17,940,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in BBW. Tower Research Capital LLC TRC increased its holdings in Build-A-Bear Workshop by 494.7% during the 4th 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 in the last quarter. GAMMA Investing LLC increased its holdings in Build-A-Bear Workshop by 3,357.4% during the 1st quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer's stock worth $166,000 after purchasing an additional 4,331 shares in the last quarter. Legal & General Group Plc increased its holdings in Build-A-Bear Workshop by 26.0% during the 4th quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer's stock worth $175,000 after purchasing an additional 783 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in Build-A-Bear Workshop during the 4th quarter worth about $207,000. Finally, Algert Global LLC bought a new position in shares of Build-A-Bear Workshop in the 4th quarter valued at about $230,000. Institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Stock Performance

NYSE:BBW traded up $8.72 during mid-day trading on Thursday, hitting $67.28. The stock had a trading volume of 801,447 shares, compared to its average volume of 273,649. Build-A-Bear Workshop, Inc. has a twelve month low of $29.32 and a twelve month high of $70.01. The stock has a market cap of $888.72 million, a price-to-earnings ratio of 16.17 and a beta of 0.70. The company's 50 day simple moving average is $52.84 and its 200 day simple moving average is $44.35.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.27. Build-A-Bear Workshop had a net margin of 10.91% and a return on equity of 40.74%. The business had revenue of $124.25 million during the quarter, compared to the consensus estimate of $116.19 million. During the same period last year, the business posted $0.64 EPS. As a group, 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 company 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 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio (DPR) is 21.15%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BBW shares. Wall Street Zen cut Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 23rd. Piper Sandler raised their price objective on Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a report on Thursday, May 15th. Finally, DA Davidson raised their price objective on Build-A-Bear Workshop from $60.00 to $64.00 and gave the company a "buy" rating in a report on Monday, August 4th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Build-A-Bear Workshop presently has a consensus rating of "Buy" and a consensus price target of $52.67.

Insider Activity

In other Build-A-Bear Workshop news, CAO Eric R. Fencl sold 6,993 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $48.50, for a total transaction of $339,160.50. Following the completion of the sale, the chief accounting officer directly owned 123,318 shares in the company, valued at $5,980,923. This trade represents a 5.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lesli Rotenberg sold 1,755 shares of the firm's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $53.52, for a total transaction of $93,927.60. Following the sale, the director owned 11,825 shares of the company's stock, valued at $632,874. This trade represents a 12.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have 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 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.