Build-A-Bear Workshop (NYSE:BBW) CFO Sells $732,500.00 in Stock

Key Points

• Vojin Todorovic, CFO of Build-A-Bear Workshop, sold 10,000 shares at $73.25, totaling $732,500, which reduced his ownership by 12.82% to approximately 67,991 shares.
• The company reported earnings of $0.94 per share for the last quarter, surpassing estimates, and had a net margin of 11.34% with a return on equity of 41.14%.
• Build-A-Bear Workshop declared a quarterly dividend of $0.22, with an annualized yield of 1.2%, scheduled for payment on October 9th to shareholders on record as of September 25th.

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) CFO Vojin Todorovic sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $73.25, for a total value of $732,500.00. Following the sale, the chief financial officer directly owned 67,991 shares of the company's stock, valued at $4,980,340.75. This represents a 12.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Build-A-Bear Workshop Stock Down 1.4%

NYSE:BBW traded down $1.06 on Friday, hitting $73.15. The stock had a trading volume of 663,176 shares, compared to its average volume of 453,479. The business's fifty day moving average is $58.43 and its 200 day moving average is $47.83. The company has a market cap of $960.46 million, a PE ratio of 16.40 and a beta of 0.72. Build-A-Bear Workshop, Inc. has a 52 week low of $30.72 and a 52 week high of $75.85.

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

Build-A-Bear Workshop Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BBW. Northern Trust Corp raised its position in Build-A-Bear Workshop by 1.4% during the 4th quarter. Northern Trust Corp now owns 121,863 shares of the specialty retailer's stock valued at $5,611,000 after purchasing an additional 1,654 shares during the last quarter. Deutsche Bank AG raised its position in Build-A-Bear Workshop by 52.9% during the 4th quarter. Deutsche Bank AG now owns 11,888 shares of the specialty retailer's stock valued at $547,000 after purchasing an additional 4,111 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 during the last quarter. GAMMA Investing LLC raised its position in shares of Build-A-Bear Workshop by 3,357.4% in the 1st 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 raised its position in shares of Build-A-Bear Workshop by 6.0% in the 1st 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.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BBW. Northland Securities raised their target price on Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an "outperform" rating in a report on Friday, August 29th. DA Davidson lifted their price target on Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Wall Street Zen lowered Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 23rd. Finally, Zacks Research upgraded Build-A-Bear Workshop from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. One equities research 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 has a consensus rating of "Buy" and a consensus price target of $68.00.

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.