Build-A-Bear Workshop, Inc. (NYSE:BBW) Shares Sold by Pacific Ridge Capital Partners LLC

Key Points

• Pacific Ridge Capital Partners LLC reduced its stake in Build-A-Bear Workshop by 4.8%, currently holding 235,169 shares worth approximately $8.74 million, which reflects about 2.3% of its total holdings.
• Build-A-Bear Workshop recently reported quarterly earnings of **$1.17 per share**, surpassing analysts' expectations of $0.86 and achieving **revenue of $128.4 million** compared to anticipated revenues of $118.9 million.
• The company announced a quarterly dividend of **$0.22**, resulting in an annualized yield of 1.8%, with a low dividend payout ratio of **21.15%**.

Pacific Ridge Capital Partners LLC lessened its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 4.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 235,169 shares of the specialty retailer's stock after selling 11,869 shares during the quarter. Build-A-Bear Workshop makes up approximately 2.3% of Pacific Ridge Capital Partners LLC's portfolio, making the stock its 8th largest holding. Pacific Ridge Capital Partners LLC owned 1.79% of Build-A-Bear Workshop worth $8,741,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BBW. Exchange Traded Concepts LLC bought a new position in Build-A-Bear Workshop during the first quarter worth $250,000. Barclays PLC boosted its stake in shares of Build-A-Bear Workshop by 307.5% in the 4th quarter. Barclays PLC now owns 74,355 shares of the specialty retailer's stock valued at $3,422,000 after purchasing an additional 56,109 shares in the last quarter. Foundry Partners LLC boosted its stake in shares of Build-A-Bear Workshop by 138.1% in the 1st quarter. Foundry Partners LLC now owns 115,885 shares of the specialty retailer's stock valued at $4,307,000 after purchasing an additional 67,205 shares in the last quarter. Squarepoint Ops LLC boosted its stake in shares of Build-A-Bear Workshop by 62.7% in 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 position in shares of Build-A-Bear Workshop in the first quarter valued at about $850,000. Institutional investors own 79.30% of the company's stock.

Insiders Place Their Bets

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 31,250 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $45.73, for a total transaction of $1,429,062.50. Following the completion of the sale, the chief executive officer owned 291,305 shares of the company's stock, valued at $13,321,377.65. This trade represents a 9.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Eric R. Fencl sold 6,993 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $48.50, for a total value of $339,160.50. Following the sale, the chief accounting officer directly owned 123,318 shares of the company's stock, valued at $5,980,923. This represents a 5.37% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 48,248 shares of company stock worth $2,276,383. Company insiders own 5.80% of the company's stock.

Build-A-Bear Workshop Price Performance

NYSE:BBW traded up $0.55 during trading hours on Tuesday, reaching $51.47. 80,963 shares of the stock were exchanged, compared to its average volume of 271,127. Build-A-Bear Workshop, Inc. has a twelve month low of $24.37 and a twelve month high of $55.56. The firm has a 50 day moving average of $50.87 and a 200 day moving average of $42.81. The stock has a market cap of $679.80 million, a PE ratio of 12.38 and a beta of 0.70.

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 EPS for the quarter, beating the consensus estimate of $0.86 by $0.31. The company had revenue of $128.40 million during the quarter, compared to the consensus estimate 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 firm posted $0.82 EPS. Equities research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Thursday, June 26th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.88 annualized dividend and a yield of 1.7%. Build-A-Bear Workshop's dividend payout ratio (DPR) is currently 21.15%.

Wall Street Analysts Forecast Growth

BBW has been the subject of a number of research analyst reports. DA Davidson lifted their price target on Build-A-Bear Workshop from $60.00 to $64.00 and gave the company a "buy" rating in a report on Monday. Wall Street Zen raised Build-A-Bear Workshop from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 5th. Finally, Piper Sandler boosted their price objective 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.