36,902 Shares in Build-A-Bear Workshop, Inc. (NYSE:BBW) Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd purchased a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 36,902 shares of the specialty retailer's stock, valued at approximately $1,695,000. Harvest Fund Management Co. Ltd owned approximately 0.27% of Build-A-Bear Workshop at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fortitude Family Office LLC grew its stake in shares of Build-A-Bear Workshop by 34.1% in the 4th quarter. Fortitude Family Office LLC now owns 1,480 shares of the specialty retailer's stock valued at $68,000 after purchasing an additional 376 shares during the period. OneDigital Investment Advisors LLC boosted its stake in Build-A-Bear Workshop by 1.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer's stock valued at $770,000 after buying an additional 408 shares in the last quarter. USA Financial Formulas bought a new stake in Build-A-Bear Workshop in the fourth quarter valued at $27,000. SkyView Investment Advisors LLC raised its stake in Build-A-Bear Workshop by 2.4% during the third quarter. SkyView Investment Advisors LLC now owns 31,695 shares of the specialty retailer's stock worth $1,089,000 after acquiring an additional 734 shares in the last quarter. Finally, Quarry LP lifted its holdings in shares of Build-A-Bear Workshop by 346.6% during the third quarter. Quarry LP now owns 1,295 shares of the specialty retailer's stock valued at $45,000 after acquiring an additional 1,005 shares during the period. Institutional investors own 79.30% of the company's stock.

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Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 15,000 shares of the company's 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 transaction, the chief financial officer now directly owns 75,695 shares in the company, valued at approximately $3,145,127.25. This represents a 16.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sharon Price John sold 53,962 shares of Build-A-Bear Workshop stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $42.02, for a total transaction of $2,267,483.24. Following the sale, the chief executive officer now owns 293,858 shares of the company's stock, valued at approximately $12,347,913.16. This represents a 15.51 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 161,666 shares of company stock worth $7,010,081. Insiders own 7.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on BBW shares. StockNews.com lowered shares of Build-A-Bear Workshop from a "buy" rating to a "hold" rating in a report on Friday. DA Davidson reaffirmed a "buy" rating and set a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday, March 14th. Finally, Northland Securities lifted their target price on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an "outperform" rating in a research note on Friday, December 6th.

Build-A-Bear Workshop Price Performance

Shares of NYSE:BBW traded up $1.53 during midday trading on Monday, reaching $38.86. The company's stock had a trading volume of 290,444 shares, compared to its average volume of 245,766. The business's fifty day simple moving average is $39.37 and its 200-day simple moving average is $38.50. The company has a market capitalization of $522.22 million, a P/E ratio of 10.33 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a fifty-two week low of $23.63 and a fifty-two week high of $48.23.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.07. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. The firm had revenue of $150.45 million during the quarter, compared to analysts' expectations of $147.53 million. On average, analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.22 per share. This is an increase from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date is Thursday, March 27th. This represents a $0.88 annualized dividend and a yield of 2.26%. Build-A-Bear Workshop's dividend payout ratio is currently 23.10%.

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.