Inspire Investing LLC Makes New $892,000 Investment in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Inspire Investing LLC purchased a new stake in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 25,942 shares of the specialty retailer's stock, valued at approximately $892,000. Inspire Investing LLC owned about 0.19% of Build-A-Bear Workshop as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Wellington Management Group LLP boosted its position in Build-A-Bear Workshop by 81.4% in the fourth quarter. Wellington Management Group LLP now owns 360,329 shares of the specialty retailer's stock valued at $8,284,000 after buying an additional 161,700 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of Build-A-Bear Workshop by 16.8% in the 1st quarter. Los Angeles Capital Management LLC now owns 72,333 shares of the specialty retailer's stock valued at $2,161,000 after acquiring an additional 10,379 shares during the last quarter. Principal Financial Group Inc. acquired a new stake in shares of Build-A-Bear Workshop in the first quarter worth $380,000. Janney Montgomery Scott LLC raised its holdings in shares of Build-A-Bear Workshop by 9.7% during the first quarter. Janney Montgomery Scott LLC now owns 21,970 shares of the specialty retailer's stock worth $656,000 after purchasing an additional 1,950 shares during the last quarter. Finally, Pacifica Capital Investments LLC lifted its position in Build-A-Bear Workshop by 54.1% during the first quarter. Pacifica Capital Investments LLC now owns 996,166 shares of the specialty retailer's stock valued at $29,755,000 after purchasing an additional 349,752 shares during the period. 79.30% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 50,000 shares of the company's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $33.32, for a total transaction of $1,666,000.00. Following the completion of the transaction, the chief executive officer now directly owns 465,004 shares in the company, valued at approximately $15,493,933.28. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CAO Eric R. Fencl sold 17,274 shares of the firm's stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $35.05, for a total value of $605,453.70. Following the transaction, the chief accounting officer now owns 137,078 shares in the company, valued at $4,804,583.90. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sharon Price John sold 50,000 shares of the business's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $33.32, for a total value of $1,666,000.00. Following the sale, the chief executive officer now owns 465,004 shares of the company's stock, valued at $15,493,933.28. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 128,234 shares of company stock worth $4,419,542 over the last three months. 7.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

BBW has been the topic of several analyst reports. StockNews.com raised Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a research report on Monday, September 2nd. Northland Securities upped their target price on Build-A-Bear Workshop from $36.00 to $38.00 and gave the stock an "outperform" rating in a research note on Friday, August 30th.

Build-A-Bear Workshop Stock Performance

NYSE BBW traded up $1.02 during mid-day trading on Tuesday, reaching $36.80. 260,955 shares of the stock were exchanged, compared to its average volume of 231,362. The company has a market capitalization of $508.02 million, a P/E ratio of 10.54 and a beta of 1.55. The business's 50 day moving average is $31.05 and its 200-day moving average is $28.69. Build-A-Bear Workshop, Inc. has a 1 year low of $21.24 and a 1 year high of $37.19.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its earnings results on Thursday, August 29th. The specialty retailer reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.07. Build-A-Bear Workshop had a net margin of 10.36% and a return on equity of 37.81%. The business had revenue of $111.80 million for the quarter, compared to analyst estimates of $107.90 million. During the same period in the prior year, the company posted $0.57 EPS. Equities analysts predict that Build-A-Bear Workshop, Inc. will post 3.72 earnings per share for the current fiscal year.

Build-A-Bear Workshop announced that its Board of Directors has initiated a stock repurchase program on Wednesday, September 11th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the specialty retailer to reacquire up to 23.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Build-A-Bear Workshop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, September 26th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend was Thursday, September 26th. Build-A-Bear Workshop's payout ratio is currently 22.92%.

Build-A-Bear Workshop Company Profile

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.