Build-A-Bear Workshop (NYSE:BBW) Trading 5.7% Higher - Here's What Happened

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) shares rose 5.7% on Tuesday . The stock traded as high as $40.13 and last traded at $40.54. Approximately 72,913 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 265,682 shares. The stock had previously closed at $38.36.

Analyst Upgrades and Downgrades

BBW has been the subject of several research analyst reports. Northland Securities boosted 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 report on Friday, December 6th. DA Davidson boosted their target price on Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a "buy" rating in a research note on Friday, December 6th. Finally, StockNews.com upgraded Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a report on Thursday, December 19th.

Build-A-Bear Workshop Stock Up 1.9 %

The company's fifty day moving average price is $41.69 and its two-hundred day moving average price is $37.40. The company has a market cap of $549.76 million, a price-to-earnings ratio of 10.88 and a beta of 1.50.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, beating the consensus estimate 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 previous year, the company posted $0.53 EPS. On average, equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

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Insider Buying and Selling

In other news, CFO Vojin Todorovic sold 15,000 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $41.55, for a total transaction of $623,250.00. Following the completion of the transaction, the chief financial officer now directly owns 75,695 shares in the company, valued at $3,145,127.25. This represents a 16.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider J. Christopher Hurt sold 12,635 shares of Build-A-Bear Workshop stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total value of $499,461.55. Following the completion of the sale, the insider now directly owns 49,386 shares in the company, valued at approximately $1,952,228.58. This represents a 20.37 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 175,713 shares of company stock worth $7,580,622. 7.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Brandywine Global Investment Management LLC raised its stake in shares of Build-A-Bear Workshop by 0.7% during the 4th quarter. Brandywine Global Investment Management LLC now owns 45,714 shares of the specialty retailer's stock worth $2,105,000 after purchasing an additional 340 shares in the last quarter. Fortitude Family Office LLC increased its holdings in 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 worth $68,000 after buying an additional 376 shares during the last quarter. OneDigital Investment Advisors LLC raised its position in Build-A-Bear Workshop by 1.9% during the third quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer's stock worth $770,000 after acquiring an additional 408 shares in the last quarter. USA Financial Formulas acquired a new stake in Build-A-Bear Workshop in the fourth quarter valued at $27,000. Finally, SkyView Investment Advisors LLC grew its position in shares of Build-A-Bear Workshop by 2.4% in the 3rd quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer's stock valued at $1,089,000 after acquiring an additional 734 shares during the period. 79.30% of the stock is owned by institutional investors and hedge funds.

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.