Build-A-Bear Workshop, Inc. (NYSE:BBW) CFO Vojin Todorovic Sells 12,635 Shares

Build-A-Bear Workshop, Inc. (NYSE:BBWGet Free Report) CFO Vojin Todorovic sold 12,635 shares of the company’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $35.42, for a total transaction of $447,531.70. Following the sale, the chief financial officer now directly owns 90,695 shares in the company, valued at approximately $3,212,416.90. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Build-A-Bear Workshop Stock Up 0.5 %

BBW stock opened at $34.31 on Friday. The stock has a 50-day simple moving average of $30.40 and a two-hundred day simple moving average of $28.57. Build-A-Bear Workshop, Inc. has a twelve month low of $21.24 and a twelve month high of $35.83. The firm has a market capitalization of $473.65 million, a PE ratio of 9.83 and a beta of 1.55.

Build-A-Bear Workshop (NYSE:BBWGet Free Report) last issued its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $0.64 EPS for the quarter, beating the consensus estimate of $0.57 by $0.07. The company 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 company earned $0.57 earnings per share. On average, equities research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.72 EPS for the current fiscal year.

Build-A-Bear Workshop announced that its board has initiated a stock buyback plan on Wednesday, September 11th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the specialty retailer to buy up to 23.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Build-A-Bear Workshop Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, September 26th were issued a $0.20 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.80 annualized dividend and a dividend yield of 2.33%. Build-A-Bear Workshop’s payout ratio is currently 22.92%.

Analysts Set New Price Targets

A number of analysts recently commented on BBW shares. Northland Securities upped 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 note on Friday, August 30th. StockNews.com upgraded Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research report on Monday, September 2nd.

Get Our Latest Stock Analysis on Build-A-Bear Workshop

Hedge Funds Weigh In On Build-A-Bear Workshop

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its holdings in shares of Build-A-Bear Workshop by 81.4% in the 4th quarter. Wellington Management Group LLP now owns 360,329 shares of the specialty retailer’s stock valued at $8,284,000 after acquiring an additional 161,700 shares in the last quarter. Pacifica Capital Investments LLC raised 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 valued at $29,755,000 after purchasing an additional 349,752 shares in the last quarter. Renaissance Technologies LLC lifted its position in Build-A-Bear Workshop by 7.4% during the second quarter. Renaissance Technologies LLC now owns 256,979 shares of the specialty retailer’s stock valued at $6,494,000 after purchasing an additional 17,772 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Build-A-Bear Workshop by 7.4% in the 1st quarter. Russell Investments Group Ltd. now owns 63,512 shares of the specialty retailer’s stock worth $1,897,000 after buying an additional 4,384 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Build-A-Bear Workshop by 4.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 63,055 shares of the specialty retailer’s stock worth $1,885,000 after buying an additional 2,599 shares during the last quarter. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

About Build-A-Bear Workshop

(Get Free Report)

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.

Further Reading

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

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