Insider Selling: Build-A-Bear Workshop, Inc. (NYSE:BBW) CEO Sells $3,171,645.54 in Stock

Build-A-Bear Workshop, Inc. (NYSE:BBW) CEO Sharon Price John sold 68,859 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the sale, the chief executive officer now directly owns 347,820 shares of the company’s stock, valued at $16,020,589.20. The trade was a 16.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Friday, January 10th, Sharon Price John sold 53,962 shares of Build-A-Bear Workshop stock. The stock was sold at an average price of $42.02, for a total transaction of $2,267,483.24.

Build-A-Bear Workshop Stock Performance

Shares of NYSE:BBW traded down $0.61 during trading hours on Friday, hitting $41.89. 413,692 shares of the company’s stock traded hands, compared to its average volume of 374,832. The company’s fifty day simple moving average is $41.01 and its two-hundred day simple moving average is $33.85. Build-A-Bear Workshop, Inc. has a 52 week low of $21.24 and a 52 week high of $48.23. The company has a market cap of $563.00 million, a price-to-earnings ratio of 11.14 and a beta of 1.49.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share (EPS) 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 in the previous year, the company earned $0.53 EPS. On average, analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BBW. Fortitude Family Office LLC lifted its stake in Build-A-Bear Workshop by 34.1% in the 4th quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock worth $68,000 after acquiring an additional 376 shares in the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Build-A-Bear Workshop in the 4th quarter valued at $800,000. JPMorgan Chase & Co. boosted its stake in shares of Build-A-Bear Workshop by 322.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,935 shares of the specialty retailer’s stock worth $857,000 after acquiring an additional 19,038 shares in the last quarter. Franklin Resources Inc. bought a new stake in Build-A-Bear Workshop during the third quarter worth approximately $282,000. Finally, SkyView Investment Advisors LLC raised its position in shares of Build-A-Bear Workshop by 2.4% in the third quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer’s stock valued at $1,089,000 after purchasing an additional 734 shares during the period. 79.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BBW has been the topic of several research reports. DA Davidson upped their price objective on Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, December 6th. 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. Finally, Northland Securities raised their price target on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, December 6th.

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.