Goldman Sachs Group Inc. Has $3.11 Million Holdings in Build-A-Bear Workshop, Inc. $BBW

Goldman Sachs Group Inc. reduced its position in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 67.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,723 shares of the specialty retailer’s stock after selling 175,690 shares during the quarter. Goldman Sachs Group Inc. owned about 0.63% of Build-A-Bear Workshop worth $3,112,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Quarry LP acquired a new position in shares of Build-A-Bear Workshop in the 1st quarter worth approximately $28,000. AlphaQuest LLC increased its stake in shares of Build-A-Bear Workshop by 106.1% in the 1st quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 419 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Build-A-Bear Workshop by 3,357.4% during the 1st quarter. GAMMA Investing LLC now owns 4,460 shares of the specialty retailer’s stock valued at $166,000 after acquiring an additional 4,331 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Build-A-Bear Workshop during the 1st quarter valued at $199,000. Finally, Exchange Traded Concepts LLC acquired a new position in shares of Build-A-Bear Workshop during the 1st quarter valued at $250,000. 79.30% of the stock is owned by institutional investors.

Insider Buying and Selling at Build-A-Bear Workshop

In related news, CFO Vojin Todorovic sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $73.25, for a total value of $732,500.00. Following the sale, the chief financial officer owned 67,991 shares in the company, valued at approximately $4,980,340.75. The trade was a 12.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sharon Price John sold 30,000 shares of the company’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $73.25, for a total value of $2,197,500.00. Following the sale, the chief executive officer owned 261,305 shares in the company, valued at approximately $19,140,591.25. This trade represents a 10.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,755 shares of company stock worth $3,023,928 over the last quarter. 5.80% of the stock is currently owned by company insiders.

Build-A-Bear Workshop Stock Performance

Build-A-Bear Workshop stock opened at $73.15 on Friday. The stock has a 50-day moving average of $58.43 and a two-hundred day moving average of $47.78. Build-A-Bear Workshop, Inc. has a one year low of $30.72 and a one year high of $75.85. The stock has a market cap of $960.46 million, a PE ratio of 16.40 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.27. The firm had revenue of $124.25 million during the quarter, compared to analysts’ expectations of $116.19 million. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%.During the same period last year, the business posted $0.64 earnings per share. As a group, sell-side analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 25th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, September 25th. This represents a $0.88 dividend on an annualized basis and a yield of 1.2%. Build-A-Bear Workshop’s payout ratio is 19.73%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on BBW shares. Northland Securities boosted their target price on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Wall Street Zen lowered shares of Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 23rd. DA Davidson boosted their price target on shares of Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Finally, Zacks Research upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $68.00.

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.