Insider Selling: Build-A-Bear Workshop (NYSE:BBW) CEO Sells 30,000 Shares of Stock

Key Points

• CEO Sharon Price John sold 30,000 shares of Build-A-Bear Workshop stock for approximately $2.2 million, resulting in a 10.30% decrease in her ownership stake.
• Build-A-Bear's stock price rose by 3.6% to $74.21, with analysts having a consensus rating of "Buy" and a target price of $68.00.
• The company declared a quarterly dividend of $0.22, reflecting a dividend yield of 1.2%, with a payout ratio of 19.73%.

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) CEO Sharon Price John sold 30,000 shares of the company's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $73.25, for a total value of $2,197,500.00. Following the completion of the transaction, the chief executive officer directly owned 261,305 shares of the company's stock, valued at approximately $19,140,591.25. The trade was a 10.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Build-A-Bear Workshop Stock Performance

Shares of BBW stock traded down $1.81 on Monday, hitting $71.25. The company had a trading volume of 371,665 shares, compared to its average volume of 470,731. The firm has a market cap of $935.51 million, a P/E ratio of 16.49 and a beta of 0.72. The stock's 50-day moving average is $58.43 and its two-hundred day moving average is $47.88. Build-A-Bear Workshop, Inc. has a twelve month low of $30.72 and a twelve month high of $75.85.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.27. The company had revenue of $124.25 million during the quarter, compared to analysts' expectations of $116.19 million. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%.During the same quarter in the prior year, the firm posted $0.64 earnings per share. Equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 25th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Thursday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.2%. Build-A-Bear Workshop's dividend payout ratio is presently 19.73%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. DA Davidson increased their price target on Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Zacks Research upgraded Build-A-Bear Workshop from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Northland Securities upped their target price on Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Finally, Wall Street Zen lowered Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat.com, Build-A-Bear Workshop presently has a consensus rating of "Buy" and a consensus price target of $68.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBW. Northern Trust Corp boosted its holdings in Build-A-Bear Workshop by 1.4% in the fourth quarter. Northern Trust Corp now owns 121,863 shares of the specialty retailer's stock worth $5,611,000 after acquiring an additional 1,654 shares in the last quarter. Deutsche Bank AG boosted its holdings in Build-A-Bear Workshop by 52.9% in the fourth quarter. Deutsche Bank AG now owns 11,888 shares of the specialty retailer's stock worth $547,000 after acquiring an additional 4,111 shares in the last quarter. Squarepoint Ops LLC boosted its holdings in Build-A-Bear Workshop by 62.7% in the fourth quarter. Squarepoint Ops LLC now owns 18,802 shares of the specialty retailer's stock worth $866,000 after acquiring an additional 7,245 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Build-A-Bear Workshop by 3,357.4% in the first quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer's stock worth $166,000 after acquiring an additional 4,331 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Build-A-Bear Workshop by 6.0% in the first quarter. Rhumbline Advisers now owns 18,236 shares of the specialty retailer's stock worth $678,000 after acquiring an additional 1,025 shares in the last quarter. Institutional investors own 79.30% of the company's stock.

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.