Build-A-Bear Workshop, Inc. (NYSE:BBW) Director George Carrara Sells 2,500 Shares

Build-A-Bear Workshop, Inc. (NYSE:BBW) Director George Carrara sold 2,500 shares of Build-A-Bear Workshop stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $36.27, for a total transaction of $90,675.00. Following the sale, the director now owns 18,421 shares of the company’s stock, valued at approximately $668,129.67. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Build-A-Bear Workshop Stock Performance

Shares of BBW stock opened at $37.73 on Friday. The stock has a market capitalization of $520.86 million, a P/E ratio of 10.81 and a beta of 1.55. The company has a 50 day moving average price of $31.57 and a 200 day moving average price of $28.81. Build-A-Bear Workshop, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $37.97.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. The firm had revenue of $111.80 million during the quarter, compared to analysts’ expectations of $107.90 million. Build-A-Bear Workshop had a net margin of 10.36% and a return on equity of 37.81%. During the same quarter in the previous year, the business posted $0.57 earnings per share. On average, research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current fiscal year.

Build-A-Bear Workshop declared that its Board of Directors has initiated a share repurchase program on Wednesday, September 11th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the specialty retailer to reacquire up to 23.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership 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 dividend yield of 2.12%. The ex-dividend date of this dividend was Thursday, September 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 22.92%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BBW. Wellington Management Group LLP lifted its stake in Build-A-Bear Workshop by 81.4% in the fourth quarter. Wellington Management Group LLP now owns 360,329 shares of the specialty retailer’s stock worth $8,284,000 after acquiring an additional 161,700 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in Build-A-Bear Workshop by 16.8% in the first quarter. Los Angeles Capital Management LLC now owns 72,333 shares of the specialty retailer’s stock worth $2,161,000 after acquiring an additional 10,379 shares during the last quarter. Principal Financial Group Inc. purchased a new position in Build-A-Bear Workshop in the first quarter worth approximately $380,000. Janney Montgomery Scott LLC lifted its stake in Build-A-Bear Workshop by 9.7% in the first quarter. Janney Montgomery Scott LLC now owns 21,970 shares of the specialty retailer’s stock worth $656,000 after acquiring an additional 1,950 shares during the last quarter. Finally, Pacifica Capital Investments LLC lifted its stake in Build-A-Bear Workshop by 54.1% in the first quarter. Pacifica Capital Investments LLC now owns 996,166 shares of the specialty retailer’s stock worth $29,755,000 after acquiring an additional 349,752 shares during the last quarter. Hedge funds and other institutional investors own 79.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Northland Securities lifted their price target on shares of Build-A-Bear Workshop from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. StockNews.com cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Thursday.

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.