North Star Investment Management Corp. Sells 47,700 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

North Star Investment Management Corp. lessened its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 27.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 127,325 shares of the specialty retailer's stock after selling 47,700 shares during the period. North Star Investment Management Corp. owned 0.95% of Build-A-Bear Workshop worth $4,733,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Savant Capital LLC grew its stake in Build-A-Bear Workshop by 22.8% during the 4th quarter. Savant Capital LLC now owns 9,032 shares of the specialty retailer's stock worth $416,000 after buying an additional 1,678 shares during the last quarter. New York State Teachers Retirement System bought a new position in shares of Build-A-Bear Workshop during the fourth quarter worth about $53,000. Bank of New York Mellon Corp increased its holdings in shares of Build-A-Bear Workshop by 77.5% in the 4th quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer's stock worth $8,289,000 after acquiring an additional 78,629 shares during the period. Versor Investments LP bought a new stake in Build-A-Bear Workshop in the 4th quarter valued at about $240,000. Finally, Kennondale Capital Management LLC acquired a new position in Build-A-Bear Workshop during the 4th quarter valued at about $2,021,000. 79.30% of the stock is owned by institutional investors.

Build-A-Bear Workshop Trading Down 0.3%

Shares of NYSE BBW traded down $0.15 during midday trading on Wednesday, reaching $52.55. The company's stock had a trading volume of 203,933 shares, compared to its average volume of 273,078. Build-A-Bear Workshop, Inc. has a one year low of $23.63 and a one year high of $55.57. The company has a market cap of $694.20 million, a price-to-earnings ratio of 12.63 and a beta of 0.72. The company has a 50 day moving average price of $41.17 and a 200 day moving average price of $40.66.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.31. The company had revenue of $128.40 million for 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 quarter in the prior year, the company earned $0.82 earnings per share. Research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 26th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio is presently 21.15%.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, Director Craig Leavitt sold 8,250 shares of the stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $50.21, for a total value of $414,232.50. Following the completion of the sale, the director now owns 72,392 shares in the company, valued at $3,634,802.32. This represents a 10.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sharon Price John sold 31,250 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $45.73, for a total transaction of $1,429,062.50. Following the transaction, the chief executive officer now owns 291,305 shares in the company, valued at approximately $13,321,377.65. This represents a 9.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 46,493 shares of company stock valued at $2,182,456. 5.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. DA Davidson boosted their price objective on Build-A-Bear Workshop from $50.00 to $60.00 and gave the stock a "buy" rating in a research report on Friday, May 30th. Piper Sandler boosted their price target on 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. Finally, Wall Street Zen raised Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a research note on Sunday.

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.