84,860 Shares in Build-A-Bear Workshop, Inc. (NYSE:BBW) Bought by Pacer Advisors Inc.

Key Points

• Pacer Advisors Inc. has invested $3.15 million in Build-A-Bear Workshop, acquiring 84,860 shares, which represents about 0.65% of the company's stock as of their latest reporting.
• In recent activities, insiders including Director Lesli Rotenberg and CAO Eric R. Fencl sold significant amounts of stock, with insiders collectively selling 48,248 shares valued at approximately $2.28 million in the last three months.
• Build-A-Bear Workshop declared a quarterly dividend of $0.22 per share, translating to an annualized yield of 1.72%, with a dividend payout ratio currently at 21.15%.

Pacer Advisors Inc. purchased a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 84,860 shares of the specialty retailer's stock, valued at approximately $3,154,000. Pacer Advisors Inc. owned about 0.65% of Build-A-Bear Workshop as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Exchange Traded Concepts LLC bought a new stake in shares of Build-A-Bear Workshop during the 1st quarter worth approximately $250,000. Barclays PLC lifted its stake in shares of Build-A-Bear Workshop by 307.5% during the 4th quarter. Barclays PLC now owns 74,355 shares of the specialty retailer's stock worth $3,422,000 after acquiring an additional 56,109 shares during the last quarter. Foundry Partners LLC lifted its stake in shares of 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 acquiring an additional 67,205 shares during the last quarter. Squarepoint Ops LLC raised its position in Build-A-Bear Workshop by 62.7% during the 4th quarter. Squarepoint Ops LLC now owns 18,802 shares of the specialty retailer's stock valued at $866,000 after purchasing an additional 7,245 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in Build-A-Bear Workshop during the 1st quarter valued at $850,000. 79.30% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Lesli Rotenberg sold 1,755 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $53.52, for a total value of $93,927.60. Following the transaction, the director directly owned 11,825 shares in the company, valued at approximately $632,874. This trade represents a 12.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $45.73, for a total value of $1,429,062.50. Following the transaction, the chief executive officer owned 291,305 shares in the company, valued at approximately $13,321,377.65. This trade represents a 9.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 48,248 shares of company stock valued at $2,276,383. 5.80% of the stock is owned by insiders.

Build-A-Bear Workshop Trading Down 1.9%

Shares of NYSE:BBW traded down $0.99 on Friday, reaching $49.73. The company had a trading volume of 77,750 shares, compared to its average volume of 271,639. Build-A-Bear Workshop, Inc. has a 52-week low of $23.63 and a 52-week high of $55.56. The firm's 50 day simple moving average is $50.51 and its 200-day simple moving average is $42.60. The firm has a market capitalization of $656.87 million, a PE ratio of 12.01 and a beta of 0.70.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.31. Build-A-Bear Workshop had a return on equity of 40.74% and a net margin of 10.91%. The business had revenue of $128.40 million for the quarter, compared to the consensus estimate of $118.90 million. During the same period last year, the business posted $0.82 EPS. As a group, equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Thursday, June 26th were issued a $0.22 dividend. The ex-dividend date was Thursday, June 26th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.8%. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 21.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BBW shares. 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. DA Davidson lifted their target price on Build-A-Bear Workshop from $50.00 to $60.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Finally, Piper Sandler lifted their target price 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.

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.