Build-A-Bear Workshop, Inc. (NYSE:BBW) Insider J. Christopher Hurt Sells 6,210 Shares

Build-A-Bear Workshop, Inc. (NYSE:BBW) insider J. Christopher Hurt sold 6,210 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $39.91, for a total transaction of $247,841.10. Following the completion of the transaction, the insider now owns 43,176 shares in the company, valued at $1,723,154.16. This trade represents a 12.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

J. Christopher Hurt also recently made the following trade(s):

• On Wednesday, January 15th, J. Christopher Hurt sold 12,635 shares of Build-A-Bear Workshop stock. The shares were sold at an average price of $39.53, for a total transaction of $499,461.55.

Build-A-Bear Workshop Stock Up 3.1 %

Shares of BBW stock traded up $1.28 on Thursday, reaching $42.36. The company had a trading volume of 300,287 shares, compared to its average volume of 328,947. The stock has a market capitalization of $569.30 million, a PE ratio of 11.27 and a beta of 1.49. Build-A-Bear Workshop, Inc. has a one year low of $21.42 and a one year high of $48.23. The business’s 50-day moving average is $41.42 and its 200 day moving average is $34.84.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, topping analysts’ consensus estimates 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 earned $0.53 earnings per share. On average, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, November 27th were issued a $0.20 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.89%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 21.28%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Northland Securities upped 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 research note on Friday, December 6th. StockNews.com raised shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th. Finally, DA Davidson upped their price objective on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, December 6th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ballentine Partners LLC acquired a new position in shares of Build-A-Bear Workshop in the fourth quarter valued at approximately $233,000. USA Financial Formulas acquired a new stake in Build-A-Bear Workshop during the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC increased its position in Build-A-Bear Workshop by 34.1% during 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. CWA Asset Management Group LLC acquired a new stake in Build-A-Bear Workshop during the 4th quarter valued at approximately $800,000. Finally, JPMorgan Chase & Co. increased its position in Build-A-Bear Workshop by 322.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,935 shares of the specialty retailer’s stock valued at $857,000 after purchasing an additional 19,038 shares during the period. Institutional investors and hedge funds own 79.30% of the company’s stock.

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.