Build-A-Bear Workshop (NYSE:BBW) Cut to Hold at StockNews.com

StockNews.com downgraded shares of Build-A-Bear Workshop (NYSE:BBW) from a buy rating to a hold rating in a research note released on Wednesday morning.

BBW has been the subject of a number of other reports. Northland Securities increased their target price on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. DA Davidson increased their target price on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, December 6th.

Build-A-Bear Workshop Stock Down 0.1 %

NYSE BBW opened at $39.55 on Wednesday. The company has a 50-day simple moving average of $41.20 and a two-hundred day simple moving average of $37.89. Build-A-Bear Workshop has a 12-month low of $23.63 and a 12-month high of $48.23. The firm has a market cap of $531.48 million, a price-to-earnings ratio of 10.52 and a beta of 1.50.

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 net margin of 10.58% and a return on equity of 38.35%. During the same quarter last year, the business earned $0.53 earnings per share. Equities analysts expect that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

Insider Transactions at Build-A-Bear Workshop

In related news, CEO Sharon Price John sold 68,859 shares of the stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total value of $3,171,645.54. Following the completion of the transaction, the chief executive officer now directly owns 347,820 shares of the company’s stock, valued at $16,020,589.20. This represents a 16.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Vojin Todorovic sold 5,000 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $40.08, for a total transaction of $200,400.00. Following the completion of the transaction, the chief financial officer now directly owns 70,695 shares of the company’s stock, valued at approximately $2,833,455.60. The trade was a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 175,713 shares of company stock worth $7,580,622. Company insiders own 7.90% of the company’s stock.

Hedge Funds Weigh In On Build-A-Bear Workshop

A number of institutional investors have recently bought and sold shares of the stock. De Lisle Partners LLP raised its stake in Build-A-Bear Workshop by 25.9% in the third quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer’s stock worth $25,187,000 after buying an additional 150,619 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Build-A-Bear Workshop by 14.7% during the fourth quarter. American Century Companies Inc. now owns 431,708 shares of the specialty retailer’s stock valued at $19,876,000 after purchasing an additional 55,328 shares in the last quarter. State Street Corp increased its stake in shares of Build-A-Bear Workshop by 34.3% during the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer’s stock valued at $12,863,000 after purchasing an additional 94,986 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Build-A-Bear Workshop by 26.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 291,990 shares of the specialty retailer’s stock valued at $13,443,000 after purchasing an additional 61,111 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Build-A-Bear Workshop by 77.5% during the fourth quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer’s stock valued at $8,289,000 after purchasing an additional 78,629 shares in the last quarter. 79.30% of the stock is owned by institutional investors.

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.