Build-A-Bear Workshop, Inc. (NYSE:BBW) Director Lesli Rotenberg Sells 1,755 Shares

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) Director Lesli Rotenberg sold 1,755 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $53.52, for a total transaction of $93,927.60. Following the completion of the sale, the director now owns 11,825 shares of the company's stock, valued at approximately $632,874. This represents a 12.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Build-A-Bear Workshop Stock Up 3.2%

BBW traded up $1.68 during trading on Friday, hitting $54.10. 518,399 shares of the company traded hands, compared to its average volume of 276,241. The firm has a market cap of $714.65 million, a P/E ratio of 13.00 and a beta of 0.72. The stock's fifty day moving average is $43.67 and its 200 day moving average is $41.32. Build-A-Bear Workshop, Inc. has a one year low of $23.63 and a one year high of $55.57.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its 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. The firm had revenue of $128.40 million during the quarter, compared to analyst estimates of $118.90 million. Build-A-Bear Workshop had a net margin of 10.91% and a return on equity of 40.74%. During the same quarter last year, the business earned $0.82 earnings per share. On average, equities research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 26th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, June 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.63%. Build-A-Bear Workshop's dividend payout ratio is presently 21.15%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Piper Sandler increased their price target on shares of 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. Wall Street Zen upgraded shares of Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a research report on Sunday, June 15th. Finally, DA Davidson increased their price target on shares of 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.

Hedge Funds Weigh In On Build-A-Bear Workshop

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quarry LP bought a new position in Build-A-Bear Workshop during the first quarter worth about $28,000. AlphaQuest LLC boosted its position in Build-A-Bear Workshop by 106.1% during the first quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer's stock worth $30,000 after purchasing an additional 419 shares during the period. Tower Research Capital LLC TRC boosted its position in Build-A-Bear Workshop by 494.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer's stock worth $78,000 after purchasing an additional 1,405 shares during the period. GAMMA Investing LLC boosted its position in Build-A-Bear Workshop by 3,357.4% during the first quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer's stock worth $166,000 after purchasing an additional 4,331 shares during the period. Finally, Legal & General Group Plc boosted its position in Build-A-Bear Workshop by 26.0% during the fourth quarter. Legal & General Group Plc now owns 3,793 shares of the specialty retailer's stock worth $175,000 after purchasing an additional 783 shares during the period. Institutional investors own 79.30% of the company's stock.

About Build-A-Bear Workshop

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.