Insider Selling: Build-A-Bear Workshop, Inc. (NYSE:BBW) Director Sells 8,250 Shares of Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) Director Craig Leavitt sold 8,250 shares of the stock in a transaction 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 transaction, the director now owns 72,392 shares of the company's stock, valued at $3,634,802.32. The trade was a 10.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Build-A-Bear Workshop Stock Down 1.4%

Build-A-Bear Workshop stock traded down $0.71 during trading hours on Friday, reaching $49.81. 229,233 shares of the company's stock were exchanged, compared to its average volume of 273,020. The firm's 50 day simple moving average is $40.53 and its 200 day simple moving average is $40.44. Build-A-Bear Workshop, Inc. has a twelve month low of $23.63 and a twelve month high of $55.57. The firm has a market capitalization of $657.79 million, a PE ratio of 13.25 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.31. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. The firm had revenue of $128.40 million during the quarter, compared to the consensus estimate of $118.90 million. During the same period last year, the business posted $0.82 EPS. Analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 26th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $0.88 annualized dividend and a dividend yield of 1.77%. Build-A-Bear Workshop's dividend payout ratio is presently 21.15%.

Analyst Ratings Changes

BBW has been the subject of several analyst reports. Piper Sandler raised their target price 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. Wall Street Zen lowered Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a research report on Saturday, June 7th. Finally, DA Davidson raised their target price 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.

Institutional Trading of Build-A-Bear Workshop

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Build-A-Bear Workshop by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 995,693 shares of the specialty retailer's stock valued at $37,010,000 after buying an additional 13,713 shares during the period. De Lisle Partners LLP grew its stake in shares of Build-A-Bear Workshop by 2.4% in the 1st quarter. De Lisle Partners LLP now owns 765,911 shares of the specialty retailer's stock valued at $28,519,000 after buying an additional 18,000 shares during the period. American Century Companies Inc. grew its stake in shares of Build-A-Bear Workshop by 11.8% in the 1st quarter. American Century Companies Inc. now owns 482,641 shares of the specialty retailer's stock valued at $17,940,000 after buying an additional 50,933 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Build-A-Bear Workshop by 26.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 291,990 shares of the specialty retailer's stock valued at $13,443,000 after buying an additional 61,111 shares during the period. Finally, Bank of New York Mellon Corp grew its stake 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 valued at $8,289,000 after buying an additional 78,629 shares during the period. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Build-A-Bear Workshop Company 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.