Build-A-Bear Workshop (BBW) Stock Price Up -2.5%

Build-A-Bear Workshop, Inc (NYSE:BBW)’s share price rose 2.5% during mid-day trading on Wednesday . The company traded as high as $10.12 and last traded at $9.70. Approximately 84,641 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 178,442 shares. The stock had previously closed at $9.95.

BBW has been the subject of a number of research reports. Zacks Investment Research downgraded shares of Build-A-Bear Workshop from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. 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.

The company has a market capitalization of $158.38, a P/E ratio of 19.90, a price-to-earnings-growth ratio of 0.89 and a beta of -0.30.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, February 15th. The specialty retailer reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.09. Build-A-Bear Workshop had a net margin of 2.21% and a return on equity of 7.98%. The business had revenue of $107.58 million during the quarter, compared to the consensus estimate of $104.00 million. During the same quarter last year, the firm earned $0.31 earnings per share. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. equities research analysts expect that Build-A-Bear Workshop, Inc will post 0.57 EPS for the current fiscal year.

In other Build-A-Bear Workshop news, major shareholder Point72 Asset Management, L.P. bought 8,849 shares of the firm’s stock in a transaction on Tuesday, January 9th. The stock was acquired at an average price of $8.00 per share, with a total value of $70,792.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired 418,849 shares of company stock valued at $3,800,842 in the last ninety days. Insiders own 17.50% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Parametric Portfolio Associates LLC increased its position 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 valued at $155,000 after acquiring an additional 1,978 shares in the last quarter. Perritt Capital Management Inc. increased its position in shares of Build-A-Bear Workshop by 4.8% during the fourth quarter. Perritt Capital Management Inc. now owns 125,000 shares of the specialty retailer’s stock valued at $1,150,000 after acquiring an additional 5,700 shares in the last quarter. BlackRock Inc. increased its position in shares of Build-A-Bear Workshop by 0.8% during the fourth quarter. BlackRock Inc. now owns 876,475 shares of the specialty retailer’s stock valued at $8,063,000 after acquiring an additional 6,679 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Build-A-Bear Workshop by 46.2% during the fourth quarter. Wells Fargo & Company MN now owns 21,253 shares of the specialty retailer’s stock valued at $195,000 after acquiring an additional 6,712 shares in the last quarter. Finally, California Public Employees Retirement System increased its position in shares of Build-A-Bear Workshop by 8.5% during the fourth quarter. California Public Employees Retirement System now owns 107,910 shares of the specialty retailer’s stock valued at $993,000 after acquiring an additional 8,416 shares in the last quarter. 69.71% of the stock is owned by institutional investors.

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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.

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