Build-A-Bear Workshop, Inc (NYSE:BBW) major shareholder Point72 Asset Management, L.P. purchased 50,000 shares of the stock in a transaction dated Tuesday, December 12th. The shares were acquired at an average price of $8.66 per share, with a total value of $433,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% 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 Thursday, December 14th, Point72 Asset Management, L.P. bought 50,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.78 per share, with a total value of $439,000.00.
  • On Friday, December 8th, Point72 Asset Management, L.P. bought 50,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.70 per share, with a total value of $435,000.00.
  • On Tuesday, November 28th, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.43 per share, with a total value of $84,300.00.
  • On Friday, November 17th, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.33 per share, with a total value of $83,300.00.
  • On Wednesday, November 8th, Point72 Asset Management, L.P. bought 10,300 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $7.36 per share, with a total value of $75,808.00.
  • On Monday, November 6th, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $7.70 per share, with a total value of $77,000.00.

Shares of Build-A-Bear Workshop, Inc (NYSE:BBW) traded up $0.20 on Friday, hitting $9.15. The stock had a trading volume of 178,919 shares, compared to its average volume of 135,461. The stock has a market cap of $142.46, a PE ratio of 21.63, a PEG ratio of 0.95 and a beta of -0.17. Build-A-Bear Workshop, Inc has a fifty-two week low of $7.25 and a fifty-two week high of $15.45.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, October 26th. The specialty retailer reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). The company had revenue of $82.40 million during the quarter, compared to analysts’ expectations of $85.61 million. Build-A-Bear Workshop had a net margin of 0.83% and a return on equity of 6.33%. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 EPS. equities analysts forecast that Build-A-Bear Workshop, Inc will post 0.51 earnings per share for the current fiscal year.

Build-A-Bear Workshop declared that its Board of Directors has initiated a stock repurchase plan on Monday, August 21st that authorizes the company to repurchase $20.00 million in shares. This repurchase authorization authorizes the specialty retailer to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

A number of brokerages recently commented on BBW. Zacks Investment Research cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Jefferies Group began coverage on Build-A-Bear Workshop in a report on Wednesday, September 13th. They set a “buy” rating and a $12.00 target price for the company. Finally, Dougherty & Co cut Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $11.67.

Several institutional investors and hedge funds have recently made changes to their positions in BBW. TIAA CREF Investment Management LLC boosted its stake in shares of Build-A-Bear Workshop by 1.4% in the 1st quarter. TIAA CREF Investment Management LLC now owns 36,500 shares of the specialty retailer’s stock valued at $323,000 after buying an additional 488 shares during the period. California Public Employees Retirement System boosted its stake in shares of Build-A-Bear Workshop by 15.5% in the 1st quarter. California Public Employees Retirement System now owns 97,100 shares of the specialty retailer’s stock valued at $859,000 after buying an additional 13,000 shares during the period. Geode Capital Management LLC boosted its stake in shares of Build-A-Bear Workshop by 3.6% in the 1st quarter. Geode Capital Management LLC now owns 99,140 shares of the specialty retailer’s stock valued at $877,000 after buying an additional 3,422 shares during the period. Strs Ohio boosted its stake in shares of Build-A-Bear Workshop by 6.1% in the 2nd quarter. Strs Ohio now owns 39,900 shares of the specialty retailer’s stock valued at $416,000 after buying an additional 2,300 shares during the period. Finally, Municipal Employees Retirement System of Michigan boosted its stake in shares of Build-A-Bear Workshop by 43.2% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 30,140 shares of the specialty retailer’s stock valued at $315,000 after buying an additional 9,090 shares during the period. Institutional investors and hedge funds own 70.60% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally published by Watch List News and is owned by of Watch List News. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/build-a-bear-workshop-inc-bbw-major-shareholder-point72-asset-management-l-p-buys-50000-shares-of-stock/1766799.html.

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)

Receive News & Ratings for Build-A-Bear Workshop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Build-A-Bear Workshop and related companies with MarketBeat.com's FREE daily email newsletter.