Build-A-Bear Workshop, Inc. (NYSE:BBW) CEO Sells $2,267,483.24 in Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW) CEO Sharon Price John sold 53,962 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $42.02, for a total transaction of $2,267,483.24. Following the sale, the chief executive officer now directly owns 293,858 shares in the company, valued at $12,347,913.16. This trade represents a 15.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sharon Price John also recently made the following trade(s):

• On Tuesday, January 7th, Sharon Price John sold 68,859 shares of Build-A-Bear Workshop stock. The stock was sold at an average price of $46.06, for a total value of $3,171,645.54.

Build-A-Bear Workshop Price Performance

Shares of BBW stock traded down $0.61 during trading hours on Friday, reaching $41.89. The company had a trading volume of 413,692 shares, compared to its average volume of 374,832. Build-A-Bear Workshop, Inc. has a 1-year low of $21.24 and a 1-year high of $48.23. The firm has a market cap of $563.00 million, a price-to-earnings ratio of 11.14 and a beta of 1.49. The company has a 50 day moving average of $41.01 and a 200 day moving average of $33.85.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.40% and a net margin of 10.58%. During the same period last year, the business earned $0.53 EPS. As a group, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, November 27th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.91%. The ex-dividend date was Wednesday, November 27th. Build-A-Bear Workshop’s payout ratio is presently 21.28%.

Institutional Investors Weigh In On Build-A-Bear Workshop

Several hedge funds have recently bought and sold shares of BBW. Fortitude Family Office LLC grew its holdings in shares of Build-A-Bear Workshop by 705.8% in the 3rd quarter. Fortitude Family Office LLC now owns 1,104 shares of the specialty retailer’s stock valued at $38,000 after buying an additional 967 shares during the period. Quarry LP grew its stake in Build-A-Bear Workshop by 346.6% in the third quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock valued at $45,000 after acquiring an additional 1,005 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Build-A-Bear Workshop by 17.6% in the third quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer’s stock worth $201,000 after acquiring an additional 871 shares in the last quarter. Hohimer Wealth Management LLC acquired a new stake in shares of Build-A-Bear Workshop during the third quarter worth about $230,000. Finally, Verition Fund Management LLC bought a new position in shares of Build-A-Bear Workshop during the 3rd quarter valued at about $253,000. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BBW has been the subject of a number of recent research reports. Northland Securities boosted their target price on Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. DA Davidson boosted their price objective on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Finally, StockNews.com raised shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research note on Thursday, December 19th.

About Build-A-Bear Workshop

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.