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 firm’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $42.02, for a total transaction of $2,267,483.24. Following the completion of the sale, the chief executive officer now owns 293,858 shares of the company’s stock, valued at $12,347,913.16. This trade represents a 15.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 transaction of $3,171,645.54.

Build-A-Bear Workshop Price Performance

Shares of BBW stock opened at $41.89 on Friday. The company has a market capitalization of $563.00 million, a P/E ratio of 11.14 and a beta of 1.49. The company’s 50-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 one year low of $21.24 and a one year high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 earnings per share. On average, research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

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

Analysts Set New Price Targets

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

Institutional Trading of Build-A-Bear Workshop

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

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.