Build-A-Bear Workshop, Inc. (NYSE:BBW) Director George Carrara Sells 2,500 Shares

Build-A-Bear Workshop, Inc. (NYSE:BBW) Director George Carrara sold 2,500 shares of Build-A-Bear Workshop stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $36.27, for a total transaction of $90,675.00. Following the completion of the transaction, the director now directly owns 18,421 shares in the company, valued at $668,129.67. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Build-A-Bear Workshop Stock Performance

BBW traded up $0.26 during trading on Thursday, hitting $37.76. The stock had a trading volume of 214,281 shares, compared to its average volume of 231,833. The firm has a market capitalization of $521.28 million, a P/E ratio of 10.82 and a beta of 1.55. The company’s 50-day moving average price is $31.31 and its 200 day moving average price is $28.75. Build-A-Bear Workshop, Inc. has a twelve month low of $21.24 and a twelve month high of $37.97.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.07. The company had revenue of $111.80 million for 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 period in the previous year, the company posted $0.57 EPS. As a group, equities analysts expect that Build-A-Bear Workshop, Inc. will post 3.72 earnings per share for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, September 26th were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.80 annualized dividend and a yield of 2.12%. Build-A-Bear Workshop’s dividend payout ratio is currently 22.92%.

Build-A-Bear Workshop declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, September 11th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the specialty retailer to repurchase up to 23.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on BBW shares. Northland Securities lifted their target price on shares of Build-A-Bear Workshop from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, August 30th. StockNews.com raised shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Monday, September 2nd.

Hedge Funds Weigh In On Build-A-Bear Workshop

Several institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its position in shares of Build-A-Bear Workshop by 211.8% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 4,889 shares of the specialty retailer’s stock worth $124,000 after purchasing an additional 3,321 shares in the last quarter. Lazard Asset Management LLC boosted its position in shares of Build-A-Bear Workshop by 25.2% during the 1st quarter. Lazard Asset Management LLC now owns 6,782 shares of the specialty retailer’s stock worth $202,000 after purchasing an additional 1,365 shares in the last quarter. Bleakley Financial Group LLC purchased a new stake in shares of Build-A-Bear Workshop during the 3rd quarter worth $257,000. Quest Partners LLC boosted its position in shares of Build-A-Bear Workshop by 209.8% during the 2nd quarter. Quest Partners LLC now owns 8,098 shares of the specialty retailer’s stock worth $205,000 after purchasing an additional 5,484 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of Build-A-Bear Workshop during the 2nd quarter worth $255,000. 79.30% of the stock is owned by institutional investors and hedge funds.

Build-A-Bear Workshop Company Profile

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.