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

Build-A-Bear Workshop, Inc. (NYSE:BBW) Director George Carrara sold 3,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $34.52, for a total value of $103,560.00. Following the completion of the transaction, the director directly owned 11,277 shares of the company’s stock, valued at approximately $389,282.04. This trade represents a 21.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Build-A-Bear Workshop Stock Down 2.9%

Shares of BBW stock traded down $1.00 on Monday, hitting $32.97. The company had a trading volume of 434,163 shares, compared to its average volume of 392,463. The firm has a market cap of $414.76 million, a P/E ratio of 7.72 and a beta of 1.07. The company has a 50-day moving average price of $37.27 and a 200-day moving average price of $48.08. Build-A-Bear Workshop, Inc. has a twelve month low of $32.62 and a twelve month high of $75.85.

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

Build-A-Bear Workshop Increases Dividend

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

Hedge Funds Weigh In On Build-A-Bear Workshop

Several institutional investors and hedge funds have recently modified their holdings of the business. American Century Companies Inc. boosted its holdings in Build-A-Bear Workshop by 6.7% in the 3rd quarter. American Century Companies Inc. now owns 535,791 shares of the specialty retailer’s stock worth $34,939,000 after buying an additional 33,445 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Build-A-Bear Workshop by 199.7% during the fourth quarter. SG Americas Securities LLC now owns 28,858 shares of the specialty retailer’s stock valued at $1,768,000 after acquiring an additional 19,229 shares during the last quarter. DNB Asset Management AS acquired a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $1,226,000. Jefferies Financial Group Inc. acquired a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $6,586,000. Finally, Severin Investments LLC acquired a new position in shares of Build-A-Bear Workshop during the third quarter valued at approximately $249,000. Hedge funds and other institutional investors own 79.30% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Build-A-Bear Workshop

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.