Build-A-Bear Workshop (NYSE:BBW) Stock Crosses Above 200-Day Moving Average of $26.93

Build-A-Bear Workshop, Inc. (NYSE:BBW) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.93 and traded as high as $34.80. Build-A-Bear Workshop shares last traded at $32.26, with a volume of 1,200,049 shares changing hands.

Wall Street Analysts Forecast Growth

BBW has been the topic of several research reports. Northland Securities upped their target price on Build-A-Bear Workshop from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. StockNews.com downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, June 14th.

Build-A-Bear Workshop Trading Up 3.5 %

The stock has a market capitalization of $460.81 million, a price-to-earnings ratio of 9.56 and a beta of 1.63. The stock has a 50-day moving average price of $26.34 and a 200 day moving average price of $27.01.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, August 29th. The specialty retailer reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. Build-A-Bear Workshop had a return on equity of 38.87% and a net margin of 10.33%. The firm had revenue of $111.80 million for the quarter, compared to analysts’ expectations of $107.90 million. During the same period last year, the firm earned $0.57 EPS. Equities research analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.62 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 11th. Stockholders of record on Thursday, June 27th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date was Thursday, June 27th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 22.92%.

Insider Activity at Build-A-Bear Workshop

In related news, Director George Carrara sold 2,600 shares of the firm’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $26.34, for a total value of $68,484.00. Following the transaction, the director now directly owns 17,473 shares of the company’s stock, valued at approximately $460,238.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CEO Sharon Price John sold 41,034 shares of the firm’s stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $25.99, for a total value of $1,066,473.66. Following the transaction, the chief executive officer now directly owns 515,004 shares of the company’s stock, valued at approximately $13,384,953.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director George Carrara sold 2,600 shares of the firm’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $26.34, for a total transaction of $68,484.00. Following the completion of the transaction, the director now directly owns 17,473 shares in the company, valued at $460,238.82. The disclosure for this sale can be found here. 7.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BBW. Los Angeles Capital Management LLC lifted its stake in Build-A-Bear Workshop by 3.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 61,954 shares of the specialty retailer’s stock worth $1,424,000 after purchasing an additional 2,194 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Build-A-Bear Workshop by 7.7% in the 4th quarter. BNP Paribas Financial Markets now owns 15,138 shares of the specialty retailer’s stock worth $348,000 after purchasing an additional 1,083 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Build-A-Bear Workshop by 17.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 20,020 shares of the specialty retailer’s stock valued at $460,000 after buying an additional 2,929 shares during the period. Quest Partners LLC purchased a new stake in shares of Build-A-Bear Workshop during the 4th quarter valued at approximately $700,000. Finally, Pacifica Capital Investments LLC lifted its holdings in Build-A-Bear Workshop by 364.5% in the fourth quarter. Pacifica Capital Investments LLC now owns 646,414 shares of the specialty retailer’s stock valued at $14,861,000 after acquiring an additional 507,252 shares during the last quarter. 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.