Build-A-Bear Workshop, Inc. $BBW Stock: Inspire Investing LLC Reduces Holdings

Key Points

• Inspire Investing LLC cut its Build-A-Bear Workshop stake by 93.8% in the third quarter, selling 67,640 shares and retaining 4,505 shares valued at approximately $113,000. Institutional investors collectively own 79.3% of BBW.
• Analyst sentiment remains moderately positive: BBW has an average rating of “Moderate Buy” and a consensus price target of $53.50, although DA Davidson reduced its target from $60 to $37.
• BBW recently reported quarterly earnings of $0.70 per share, beating estimates of $0.64, while revenue of $115.29 million fell short of expectations. The company also paid a quarterly dividend of $0.23 per share, representing a 3.3% annualized yield.

Inspire Investing LLC cut its position in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 93.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,505 shares of the specialty retailer's stock after selling 67,640 shares during the period. Inspire Investing LLC's holdings in Build-A-Bear Workshop were worth $113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. State of Wyoming purchased a new stake in Build-A-Bear Workshop during the 2nd quarter worth about $59,000. Royal Bank of Canada raised its position in shares of Build-A-Bear Workshop by 316.3% during the 1st quarter. Royal Bank of Canada now owns 4,259 shares of the specialty retailer's stock worth $159,000 after acquiring an additional 3,236 shares in the last quarter. Bank of Nova Scotia purchased a new stake in Build-A-Bear Workshop during the first quarter worth approximately $232,000. Caxton Associates LLP purchased a new stake in Build-A-Bear Workshop during the first quarter worth approximately $239,000. Finally, Janus Henderson Group PLC acquired a new position in Build-A-Bear Workshop in the first quarter valued at approximately $240,000. Hedge funds and other institutional investors own 79.30% of the company's stock.

Insider Transactions at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, Director Sharon John sold 6,818 shares of the firm's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $40.03, for a total value of $272,924.54. Following the sale, the director owned 181,653 shares of the company's stock, valued at $7,271,569.59. This trade represents a 3.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. DA Davidson cut their price objective on shares of Build-A-Bear Workshop from $60.00 to $37.00 and set a "buy" rating on the stock in a report on Friday, August 28th. Zacks Research upgraded Build-A-Bear Workshop from a "strong sell" rating to a "hold" rating in a research report on Tuesday, October 27th. Finally, Weiss Ratings lowered Build-A-Bear Workshop from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, September 11th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Build-A-Bear Workshop currently has an average rating of "Moderate Buy" and an average price target of $53.50.

Build-A-Bear Workshop Stock Performance

BBW opened at $27.56 on Monday. The company has a market cap of $339.54 million, a PE ratio of 6.84 and a beta of 1.11. The stock has a 50-day moving average of $27.31 and a 200-day moving average of $37.63. Build-A-Bear Workshop, Inc. has a 52-week low of $23.19 and a 52-week high of $72.19.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its earnings results on Thursday, August 27th. The specialty retailer reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.06. Build-A-Bear Workshop had a return on equity of 29.66% and a net margin of 9.96%. The firm had revenue of $115.29 million during the quarter, compared to analyst estimates of $120.81 million. On average, research analysts predict that Build-A-Bear Workshop, Inc. will post 3.57 earnings per share for the current year.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 24th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.92 dividend on an annualized basis and a yield of 3.3%. Build-A-Bear Workshop's payout ratio is currently 22.83%.

Build-A-Bear Workshop Profile

Build-A-Bear Workshop, Inc is a specialty retailer that offers an interactive experience centered on creating and personalizing stuffed animals. Customers can select an animal, add sounds and accessories, and customize it through the company's in-store and online platforms. Its merchandise includes plush animals, clothing, accessories, games, and other products connected to popular entertainment brands and licensed characters.

Founded in 1997 and headquartered in St. Louis, Missouri, Build-A-Bear operates through company-owned and franchised retail locations, as well as its e-commerce website and other retail channels.

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