Inspire Investing LLC Acquires Shares of 25,942 Build-A-Bear Workshop, Inc. (NYSE:BBW)

Inspire Investing LLC acquired a new stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,942 shares of the specialty retailer’s stock, valued at approximately $892,000. Inspire Investing LLC owned about 0.19% of Build-A-Bear Workshop as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Maverick Capital Ltd. purchased a new stake in Build-A-Bear Workshop during the 2nd quarter valued at approximately $740,000. XTX Topco Ltd purchased a new stake in Build-A-Bear Workshop during the 2nd quarter valued at approximately $255,000. Renaissance Technologies LLC raised its stake in shares of Build-A-Bear Workshop by 7.4% during the 2nd quarter. Renaissance Technologies LLC now owns 256,979 shares of the specialty retailer’s stock worth $6,494,000 after buying an additional 17,772 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Build-A-Bear Workshop by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 640,027 shares of the specialty retailer’s stock worth $16,174,000 after buying an additional 2,081 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Build-A-Bear Workshop by 17.2% during the 2nd quarter. American Century Companies Inc. now owns 320,832 shares of the specialty retailer’s stock worth $8,107,000 after buying an additional 47,096 shares in the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Eric R. Fencl sold 17,274 shares of the stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $35.05, for a total value of $605,453.70. Following the completion of the transaction, the chief accounting officer now directly owns 137,078 shares of the company’s stock, valued at $4,804,583.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CAO Eric R. Fencl sold 17,274 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $35.05, for a total value of $605,453.70. Following the completion of the sale, the chief accounting officer now directly owns 137,078 shares of the company’s stock, valued at approximately $4,804,583.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sharon Price John sold 48,325 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $35.19, for a total transaction of $1,700,556.75. Following the transaction, the chief executive officer now owns 416,679 shares in the company, valued at $14,662,934.01. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 128,234 shares of company stock valued at $4,419,542 in the last three months. 7.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. StockNews.com raised Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Monday, September 2nd. Northland Securities increased their target price on Build-A-Bear Workshop from $36.00 to $38.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th.

Build-A-Bear Workshop Stock Performance

Shares of NYSE BBW opened at $35.78 on Tuesday. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $36.17. The firm has a market cap of $493.94 million, a price-to-earnings ratio of 10.25 and a beta of 1.55. The stock’s 50-day simple moving average is $30.81 and its 200-day simple moving average is $28.64.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, August 29th. The specialty retailer reported $0.64 EPS for the quarter, beating the consensus estimate of $0.57 by $0.07. The company had revenue of $111.80 million during the quarter, compared to analyst estimates of $107.90 million. Build-A-Bear Workshop had a return on equity of 37.81% and a net margin of 10.36%. During the same period in the prior year, the company earned $0.57 earnings per share. As a group, research analysts predict that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current year.

Build-A-Bear Workshop announced that its board has approved a share repurchase program on Wednesday, September 11th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to purchase up to 23.2% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Build-A-Bear Workshop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, September 26th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend was Thursday, September 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is 22.92%.

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.