Point72 Asset Management, L.P. Buys 50,000 Shares of Build-A-Bear Workshop, Inc (NYSE:BBW) Stock

Build-A-Bear Workshop, Inc (NYSE:BBW) major shareholder Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock in a transaction on Monday, December 18th. The stock was purchased at an average price of $9.28 per share, for a total transaction of $464,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Point72 Asset Management, L.P. also recently made the following trade(s):

  • On Tuesday, January 9th, Point72 Asset Management, L.P. purchased 8,849 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $8.00 per share, for a total transaction of $70,792.00.
  • On Friday, December 28th, Point72 Asset Management, L.P. purchased 25,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $9.21 per share, for a total transaction of $230,250.00.
  • On Wednesday, December 27th, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $9.55 per share, for a total transaction of $477,500.00.
  • On Friday, December 22nd, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $9.70 per share, for a total transaction of $485,000.00.
  • On Wednesday, December 20th, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $9.49 per share, for a total transaction of $474,500.00.
  • On Thursday, December 14th, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $8.78 per share, for a total transaction of $439,000.00.
  • On Tuesday, December 12th, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $8.66 per share, for a total transaction of $433,000.00.
  • On Friday, December 8th, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $8.70 per share, for a total transaction of $435,000.00.
  • On Tuesday, November 28th, Point72 Asset Management, L.P. purchased 10,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $8.43 per share, for a total transaction of $84,300.00.
  • On Friday, November 17th, Point72 Asset Management, L.P. purchased 10,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average price of $8.33 per share, for a total transaction of $83,300.00.

Shares of Build-A-Bear Workshop, Inc (BBW) traded down $0.05 during midday trading on Friday, hitting $8.25. 119,685 shares of the company’s stock were exchanged, compared to its average volume of 168,293. Build-A-Bear Workshop, Inc has a one year low of $7.25 and a one year high of $13.50. The company has a market capitalization of $132.12, a P/E ratio of 45.84, a PEG ratio of 0.81 and a beta of -0.17.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, October 26th. The specialty retailer reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.01). The company had revenue of $82.40 million during the quarter, compared to the consensus estimate of $85.61 million. Build-A-Bear Workshop had a return on equity of 6.33% and a net margin of 0.83%. The company’s revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.11 earnings per share. equities research analysts expect that Build-A-Bear Workshop, Inc will post 0.5 earnings per share for the current year.

A number of equities analysts have weighed in on the stock. Zacks Investment Research raised shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Friday, September 15th. Dougherty & Co downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Build-A-Bear Workshop currently has a consensus rating of “Hold” and an average target price of $11.67.

Several institutional investors and hedge funds have recently bought and sold shares of BBW. Tudor Investment Corp ET AL bought a new stake in shares of Build-A-Bear Workshop during the second quarter worth approximately $129,000. PEAK6 Investments L.P. bought a new stake in shares of Build-A-Bear Workshop during the third quarter worth approximately $134,000. Trexquant Investment LP raised its stake in shares of Build-A-Bear Workshop by 1.1% during the second quarter. Trexquant Investment LP now owns 14,704 shares of the specialty retailer’s stock worth $154,000 after buying an additional 155 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Build-A-Bear Workshop by 15.4% during the second quarter. Parametric Portfolio Associates LLC now owns 14,805 shares of the specialty retailer’s stock worth $155,000 after buying an additional 1,978 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Build-A-Bear Workshop by 2.6% during the second quarter. Rhumbline Advisers now owns 16,259 shares of the specialty retailer’s stock worth $170,000 after buying an additional 415 shares during the last quarter. 70.60% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/01/13/build-a-bear-workshop-inc-bbw-major-shareholder-purchases-464000-00-in-stock.html.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

Insider Buying and Selling by Quarter for Build-A-Bear Workshop (NYSE:BBW)

Receive News & Ratings for Build-A-Bear Workshop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Build-A-Bear Workshop and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply