Build-A-Bear Workshop, Inc. (NYSE:BBW) major shareholder Point72 Asset Management, L.P. bought 19,000 shares of the business’s stock in a transaction dated Monday, August 28th. The shares were bought at an average price of $8.90 per share, with a total value of $169,100.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Point72 Asset Management, L.P. also recently made the following trade(s):

  • On Wednesday, August 23rd, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The shares were bought at an average price of $8.51 per share, with a total value of $85,100.00.
  • On Thursday, August 24th, Point72 Asset Management, L.P. bought 17,000 shares of Build-A-Bear Workshop stock. The shares were bought at an average price of $8.48 per share, with a total value of $144,160.00.

Shares of Build-A-Bear Workshop, Inc. (NYSE BBW) opened at 9.25 on Wednesday. The company has a market capitalization of $144.89 million, a P/E ratio of 42.82 and a beta of -0.13. The company’s 50 day moving average price is $9.56 and its 200 day moving average price is $9.80. Build-A-Bear Workshop, Inc. has a 12 month low of $8.05 and a 12 month high of $15.85.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, July 27th. The specialty retailer reported ($0.15) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.05. The firm had revenue of $77.30 million during the quarter, compared to analyst estimates of $78.58 million. Build-A-Bear Workshop had a return on equity of 7.20% and a net margin of 0.94%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted ($0.28) earnings per share. Analysts expect that Build-A-Bear Workshop, Inc. will post $0.48 EPS for the current fiscal year.

Build-A-Bear Workshop declared that its Board of Directors has authorized a share buyback plan on Monday, August 21st that permits the company to buyback $20.00 million in shares. This buyback authorization permits the specialty retailer to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

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A number of analysts have recently weighed in on BBW shares. Zacks Investment Research downgraded Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Dougherty & Co cut their target price on Build-A-Bear Workshop from $14.50 to $13.50 and set a “buy” rating for the company in a research report on Friday, July 28th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.00.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Dynamic Technology Lab Private Ltd purchased a new position in shares of Build-A-Bear Workshop during the first quarter worth $108,000. Trexquant Investment LP bought a new position in Build-A-Bear Workshop during the first quarter valued at approximately $129,000. Tudor Investment Corp ET AL bought a new position in Build-A-Bear Workshop during the second quarter valued at approximately $129,000. Parametric Portfolio Associates LLC raised its position in Build-A-Bear Workshop by 15.4% in the second quarter. Parametric Portfolio Associates LLC now owns 14,805 shares of the specialty retailer’s stock valued at $155,000 after buying an additional 1,978 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Build-A-Bear Workshop by 2.6% in the second quarter. Rhumbline Advisers now owns 16,259 shares of the specialty retailer’s stock valued at $170,000 after buying an additional 415 shares in the last quarter. Hedge funds and other institutional investors own 68.40% of the company’s stock.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

Insider Buying and Selling by Quarter for Build-A-Bear Workshop (NYSE:BBW)

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