Build-A-Bear Workshop (NYSE:BBW) Director George Carrara Sells 3,000 Shares of Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW) Director George Carrara sold 3,000 shares of Build-A-Bear Workshop stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $34.52, for a total transaction of $103,560.00. Following the completion of the transaction, the director owned 11,277 shares of the company’s stock, valued at $389,282.04. This trade represents a 21.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Build-A-Bear Workshop Price Performance

BBW stock opened at $32.97 on Tuesday. The business has a fifty day moving average price of $37.15 and a 200 day moving average price of $47.96. Build-A-Bear Workshop, Inc. has a fifty-two week low of $32.62 and a fifty-two week high of $75.85. The stock has a market capitalization of $414.76 million, a price-to-earnings ratio of 7.72 and a beta of 1.07.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, May 28th. The specialty retailer reported $1.03 EPS for the quarter, topping the consensus estimate of $0.76 by $0.27. Build-A-Bear Workshop had a return on equity of 32.43% and a net margin of 10.48%.The company had revenue of $125.27 million for the quarter, compared to analysts’ expectations of $129.45 million. On average, equities analysts expect that Build-A-Bear Workshop, Inc. will post 4.04 earnings per share for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 26th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.92 dividend on an annualized basis and a yield of 2.8%. This is an increase from Build-A-Bear Workshop’s previous quarterly dividend of $0.22. Build-A-Bear Workshop’s payout ratio is currently 21.55%.

Institutional Trading of Build-A-Bear Workshop

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its stake in shares of Build-A-Bear Workshop by 10.3% in the 1st quarter. AQR Capital Management LLC now owns 37,339 shares of the specialty retailer’s stock valued at $1,388,000 after purchasing an additional 3,490 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Build-A-Bear Workshop by 6.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,533 shares of the specialty retailer’s stock worth $280,000 after buying an additional 456 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in Build-A-Bear Workshop in the first quarter valued at approximately $199,000. Caxton Associates LLP acquired a new position in Build-A-Bear Workshop in the first quarter valued at approximately $267,000. Finally, Rhumbline Advisers boosted its stake in Build-A-Bear Workshop by 2.7% in the second quarter. Rhumbline Advisers now owns 18,728 shares of the specialty retailer’s stock valued at $966,000 after acquiring an additional 492 shares during the last quarter. 79.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on BBW shares. Zacks Research raised shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Weiss Ratings lowered shares of Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Finally, DA Davidson restated a “buy” rating and issued a $60.00 price objective on shares of Build-A-Bear Workshop in a research report on Friday, May 29th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Build-A-Bear Workshop has a consensus rating of “Moderate Buy” and a consensus price target of $70.00.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.