Build-A-Bear Workshop, Inc. (NYSE:BBW) Insider Sells $499,461.55 in Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW) insider J. Christopher Hurt sold 12,635 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total value of $499,461.55. Following the transaction, the insider now owns 49,386 shares of the company’s stock, valued at approximately $1,952,228.58. This trade represents a 20.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Build-A-Bear Workshop Price Performance

Shares of NYSE BBW opened at $39.14 on Friday. The business has a 50-day moving average of $41.27 and a 200-day moving average of $34.52. The stock has a market capitalization of $525.99 million, a price-to-earnings ratio of 10.41 and a beta of 1.49. Build-A-Bear Workshop, Inc. has a fifty-two week low of $21.42 and a fifty-two week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same period in the prior year, the business earned $0.53 earnings per share. On average, sell-side analysts expect 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 was paid on Thursday, January 9th. Investors of record on Wednesday, November 27th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $0.80 dividend on an annualized basis and a yield of 2.04%. Build-A-Bear Workshop’s payout ratio is 21.28%.

Institutional Trading of Build-A-Bear Workshop

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBW. Ballentine Partners LLC acquired a new position in shares of Build-A-Bear Workshop during the 4th quarter worth about $233,000. USA Financial Formulas acquired a new position in Build-A-Bear Workshop during the fourth quarter worth approximately $27,000. Fortitude Family Office LLC increased its position in Build-A-Bear Workshop by 34.1% during the fourth quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock worth $68,000 after buying an additional 376 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in Build-A-Bear Workshop in the fourth quarter valued at approximately $800,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Build-A-Bear Workshop by 322.8% in the third quarter. JPMorgan Chase & Co. now owns 24,935 shares of the specialty retailer’s stock valued at $857,000 after buying an additional 19,038 shares during the last quarter. 79.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Northland Securities upped their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. DA Davidson upped their price target on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Finally, StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Thursday, December 19th.

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.