Build-A-Bear Workshop (NYSE:BBW) Shares Pass Above 200-Day Moving Average on Insider Selling

Build-A-Bear Workshop, Inc. (NYSE:BBW) shares crossed above its 200-day moving average during trading on Tuesday after an insider bought additional shares in the company. The stock has a 200-day moving average of $51.08 and traded as high as $62.08. Build-A-Bear Workshop shares last traded at $60.37, with a volume of 263,728 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have commented on BBW shares. Zacks Research cut shares of Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. DA Davidson increased their target price on Build-A-Bear Workshop from $64.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Wall Street Zen lowered Build-A-Bear Workshop from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 23rd. Northland Securities upped their price target on 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. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research note on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $68.00.

Build-A-Bear Workshop Trading Down 1.4%

The firm has a market capitalization of $792.44 million, a price-to-earnings ratio of 13.54 and a beta of 0.69. The firm has a fifty day moving average price of $62.87 and a 200 day moving average price of $51.08.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings data on Thursday, March 27th. The specialty retailer reported $1.59 earnings per share (EPS) for the quarter. The firm had revenue of $150.45 million during the quarter. Build-A-Bear Workshop had a return on equity of 41.14% and a net margin of 11.34%. As a group, equities 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 declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 25th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, September 25th. This represents a $0.88 annualized dividend and a yield of 1.5%. Build-A-Bear Workshop’s dividend payout ratio is 19.73%.

Institutional Investors Weigh In On Build-A-Bear Workshop

Hedge funds have recently added to or reduced their stakes in the stock. Quarry LP bought a new position in shares of Build-A-Bear Workshop in the first quarter worth about $28,000. AlphaQuest LLC increased its holdings in shares of Build-A-Bear Workshop by 106.1% in the first quarter. AlphaQuest LLC now owns 814 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 419 shares in the last quarter. MTM Investment Management LLC bought a new position in Build-A-Bear Workshop in the 2nd quarter worth approximately $52,000. Canada Pension Plan Investment Board bought a new position in Build-A-Bear Workshop in the 2nd quarter worth approximately $57,000. Finally, Ameritas Investment Partners Inc. lifted its holdings in Build-A-Bear Workshop by 19.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,270 shares of the specialty retailer’s stock worth $65,000 after buying an additional 206 shares in the last quarter. Institutional investors own 79.30% of the company’s stock.

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.