Build-A-Bear Workshop (NYSE:BBW) Lowered to Hold Rating by StockNews.com

StockNews.com lowered shares of Build-A-Bear Workshop (NYSE:BBW) from a buy rating to a hold rating in a report published on Wednesday.

Other research analysts have also recently issued reports about the stock. Northland Securities boosted their target price on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. DA Davidson raised their target price on Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, December 6th.

Build-A-Bear Workshop Stock Up 0.5 %

Shares of NYSE BBW opened at $40.95 on Wednesday. The company has a market capitalization of $550.37 million, a PE ratio of 10.89 and a beta of 1.50. The stock’s 50 day moving average price is $41.46 and its 200-day moving average price is $37.86. Build-A-Bear Workshop has a twelve month low of $23.22 and a twelve month high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last released its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same quarter in the previous year, the business posted $0.53 EPS. As a group, research analysts expect that Build-A-Bear Workshop will post 3.71 EPS for the current fiscal year.

Insider Activity at Build-A-Bear Workshop

In related news, insider J. Christopher Hurt sold 12,635 shares of Build-A-Bear Workshop stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total transaction of $499,461.55. Following the completion of the sale, the insider now owns 49,386 shares of the company’s stock, valued at approximately $1,952,228.58. This trade represents a 20.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lesli Rotenberg sold 2,473 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $41.10, for a total value of $101,640.30. Following the transaction, the director now directly owns 11,724 shares of the company’s stock, valued at $481,856.40. The trade was a 17.42 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 175,713 shares of company stock worth $7,580,622. Corporate insiders own 7.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BBW. USA Financial Formulas bought a new stake in Build-A-Bear Workshop in the 4th quarter worth $27,000. Quarry LP grew its position in shares of Build-A-Bear Workshop by 346.6% in the 3rd quarter. Quarry LP now owns 1,295 shares of the specialty retailer’s stock worth $45,000 after buying an additional 1,005 shares during the last quarter. New York State Teachers Retirement System bought a new position in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $53,000. Fortitude Family Office LLC raised its holdings in shares of Build-A-Bear Workshop by 34.1% during the fourth quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer’s stock valued at $68,000 after acquiring an additional 376 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Build-A-Bear Workshop by 494.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,689 shares of the specialty retailer’s stock valued at $78,000 after acquiring an additional 1,405 shares in the last quarter. Hedge funds and other institutional investors own 79.30% of the company’s stock.

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.