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

StockNews.com downgraded shares of Build-A-Bear Workshop (NYSE:BBW - Free Report) from a buy rating to a hold rating in a research report sent to investors on Wednesday.

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

Build-A-Bear Workshop Stock Performance

Build-A-Bear Workshop stock traded down $0.04 during trading on Wednesday, reaching $39.55. The company had a trading volume of 215,233 shares, compared to its average volume of 263,426. Build-A-Bear Workshop has a 12-month low of $23.63 and a 12-month high of $48.23. The stock's 50 day moving average price is $41.05 and its two-hundred day moving average price is $38.04. The firm has a market capitalization of $531.48 million, a price-to-earnings ratio of 10.52 and a beta of 1.50.

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Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its 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 net margin of 10.58% and a return on equity of 38.35%. During the same period in the prior year, the business earned $0.53 earnings per share. As a group, research analysts expect that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

Insider Transactions at Build-A-Bear Workshop

In other news, CEO Sharon Price John sold 68,859 shares of the business's stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $46.06, for a total transaction of $3,171,645.54. Following the transaction, the chief executive officer now directly owns 347,820 shares of the company's stock, valued at approximately $16,020,589.20. The trade was a 16.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Vojin Todorovic sold 5,000 shares of the stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $40.08, for a total transaction of $200,400.00. Following the transaction, the chief financial officer now owns 70,695 shares in the company, valued at $2,833,455.60. This trade represents a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 175,713 shares of company stock valued at $7,580,622. Corporate insiders own 7.90% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BBW. De Lisle Partners LLP boosted its stake in Build-A-Bear Workshop by 25.9% during the 3rd quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer's stock valued at $25,187,000 after acquiring an additional 150,619 shares during the last quarter. Alta Fox Capital Management LLC acquired a new stake in shares of Build-A-Bear Workshop during the fourth quarter worth $5,631,000. Invesco Ltd. raised its holdings in shares of Build-A-Bear Workshop by 396.5% during the fourth quarter. Invesco Ltd. now owns 129,801 shares of the specialty retailer's stock worth $5,976,000 after purchasing an additional 103,656 shares during the period. Marshall Wace LLP raised its holdings in shares of Build-A-Bear Workshop by 269.9% during the fourth quarter. Marshall Wace LLP now owns 137,922 shares of the specialty retailer's stock worth $6,350,000 after purchasing an additional 100,633 shares during the period. Finally, State Street Corp raised its holdings in shares of Build-A-Bear Workshop by 34.3% during the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer's stock worth $12,863,000 after purchasing an additional 94,986 shares during the period. 79.30% of the stock is currently owned by 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.