Build-A-Bear Workshop (BBW) to Release Earnings on Thursday

Build-A-Bear Workshop (NYSE:BBW) is scheduled to post its quarterly earnings results before the market opens on Thursday, March 14th. Analysts expect Build-A-Bear Workshop to post earnings of $1.32 per share for the quarter.

Build-A-Bear Workshop Stock Up 2.0 %

Shares of BBW traded up $0.46 during trading hours on Thursday, reaching $23.99. 60,400 shares of the company traded hands, compared to its average volume of 201,070. The stock has a market capitalization of $343.30 million, a PE ratio of 6.94 and a beta of 1.66. The stock has a fifty day simple moving average of $22.64 and a 200 day simple moving average of $24.78. Build-A-Bear Workshop has a fifty-two week low of $17.85 and a fifty-two week high of $30.49.

Insider Transactions at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 17,596 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $22.90, for a total value of $402,948.40. Following the transaction, the chief executive officer now owns 602,781 shares in the company, valued at approximately $13,803,684.90. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 121,060 shares of company stock worth $2,697,244 in the last three months. Company insiders own 11.40% of the company’s stock.

Hedge Funds Weigh In On Build-A-Bear Workshop

Several hedge funds and other institutional investors have recently modified their holdings of the company. American International Group Inc. purchased a new position in Build-A-Bear Workshop in the second quarter valued at about $109,000. Barclays PLC raised its position in Build-A-Bear Workshop by 504.2% in the fourth quarter. Barclays PLC now owns 3,631 shares of the specialty retailer’s stock valued at $87,000 after purchasing an additional 3,030 shares during the period. Citigroup Inc. purchased a new position in Build-A-Bear Workshop in the second quarter valued at about $85,000. BNP Paribas Arbitrage SNC raised its position in Build-A-Bear Workshop by 62.5% in the third quarter. BNP Paribas Arbitrage SNC now owns 5,027 shares of the specialty retailer’s stock valued at $67,000 after purchasing an additional 1,933 shares during the period. Finally, Quarry LP raised its position in Build-A-Bear Workshop by 38.8% in the second quarter. Quarry LP now owns 3,018 shares of the specialty retailer’s stock valued at $65,000 after purchasing an additional 843 shares during the period. 72.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. DA Davidson lowered their price target on shares of Build-A-Bear Workshop from $42.00 to $38.00 and set a “buy” rating for the company in a report on Friday, December 1st. StockNews.com cut shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Friday, January 26th.

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.