Build-A-Bear Workshop, Inc. (NYSE:BBW) major shareholder Point72 Asset Management, L.P. purchased 10,300 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was bought at an average price of $7.36 per share, for a total transaction of $75,808.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Point72 Asset Management, L.P. also recently made the following trade(s):

  • On Monday, November 6th, Point72 Asset Management, L.P. purchased 10,000 shares of Build-A-Bear Workshop stock. The stock was bought at an average price of $7.70 per share, for a total transaction of $77,000.00.
  • On Tuesday, August 29th, Point72 Asset Management, L.P. purchased 15,000 shares of Build-A-Bear Workshop stock. The stock was bought at an average price of $9.25 per share, for a total transaction of $138,750.00.
  • On Monday, August 28th, Point72 Asset Management, L.P. purchased 19,000 shares of Build-A-Bear Workshop stock. The stock was bought at an average price of $8.90 per share, for a total transaction of $169,100.00.
  • On Wednesday, August 23rd, Point72 Asset Management, L.P. purchased 10,000 shares of Build-A-Bear Workshop stock. The stock was bought at an average price of $8.51 per share, for a total transaction of $85,100.00.
  • On Thursday, August 24th, Point72 Asset Management, L.P. purchased 17,000 shares of Build-A-Bear Workshop stock. The stock was bought at an average price of $8.48 per share, for a total transaction of $144,160.00.

Build-A-Bear Workshop, Inc. (NYSE BBW) opened at $7.65 on Tuesday. Build-A-Bear Workshop, Inc. has a one year low of $7.25 and a one year high of $15.85. The firm has a market capitalization of $124.16, a price-to-earnings ratio of 19.50, a P/E/G ratio of 0.86 and a beta of -0.18.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, October 26th. The specialty retailer reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01). Build-A-Bear Workshop had a return on equity of 6.33% and a net margin of 0.83%. The business had revenue of $82.40 million for the quarter, compared to analysts’ expectations of $85.61 million. During the same quarter last year, the firm earned $0.11 earnings per share. The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. analysts forecast that Build-A-Bear Workshop, Inc. will post 0.51 EPS for the current year.

Build-A-Bear Workshop declared that its Board of Directors has authorized a stock buyback program on Monday, August 21st that allows the company to buyback $20.00 million in outstanding shares. This buyback authorization allows the specialty retailer to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

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A number of brokerages have recently issued reports on BBW. Jefferies Group LLC began coverage on Build-A-Bear Workshop in a report on Wednesday, September 13th. They issued a “buy” rating and a $12.00 price target on the stock. Dougherty & Co cut their price target on Build-A-Bear Workshop from $14.50 to $13.50 and set a “buy” rating on the stock in a report on Friday, July 28th. Finally, Zacks Investment Research downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Build-A-Bear Workshop currently has an average rating of “Hold” and a consensus price target of $11.67.

A number of hedge funds have recently made changes to their positions in the stock. Trexquant Investment LP grew its stake in Build-A-Bear Workshop by 72.5% during the 3rd quarter. Trexquant Investment LP now owns 25,366 shares of the specialty retailer’s stock worth $232,000 after buying an additional 10,662 shares during the last quarter. Macquarie Group Ltd. purchased a new stake in Build-A-Bear Workshop during the 3rd quarter valued at about $291,000. New York State Common Retirement Fund grew its stake in Build-A-Bear Workshop by 980.8% during the 3rd quarter. New York State Common Retirement Fund now owns 151,306 shares of the specialty retailer’s stock valued at $1,384,000 after purchasing an additional 137,306 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its stake in Build-A-Bear Workshop by 200.2% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 36,342 shares of the specialty retailer’s stock valued at $380,000 after purchasing an additional 24,235 shares during the last quarter. Finally, State Street Corp grew its stake in Build-A-Bear Workshop by 7.3% during the 2nd quarter. State Street Corp now owns 219,059 shares of the specialty retailer’s stock valued at $2,288,000 after purchasing an additional 14,942 shares during the last quarter. Hedge funds and other institutional investors own 69.61% of the company’s stock.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

Insider Buying and Selling by Quarter for Build-A-Bear Workshop (NYSE:BBW)

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