Build-A-Bear Workshop (NYSE:BBW) Shares Gap Down – Should You Sell?

Build-A-Bear Workshop, Inc. (NYSE:BBW) gapped down prior to trading on Thursday . The stock had previously closed at $57.40, but opened at $50.29. Build-A-Bear Workshop shares last traded at $48.4210, with a volume of 470,942 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Build-A-Bear Workshop in a research report on Wednesday, October 8th. DA Davidson decreased their price target on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday. Northland Securities raised their price target on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Zacks Research downgraded Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, Wall Street Zen lowered Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $63.00.

Build-A-Bear Workshop Trading Up 2.3%

The firm has a market cap of $651.43 million, a P/E ratio of 11.41 and a beta of 1.01. The firm’s 50 day moving average is $54.48 and its two-hundred day moving average is $55.05.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.07. The firm had revenue of $122.68 million during the quarter, compared to analysts’ expectations of $124.28 million. Build-A-Bear Workshop had a return on equity of 38.62% and a net margin of 10.93%.During the same period in the previous year, the firm earned $0.73 earnings per share. Analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current fiscal year.

Build-A-Bear Workshop Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Wednesday, November 26th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, November 26th. Build-A-Bear Workshop’s payout ratio is currently 19.73%.

Insider Transactions at Build-A-Bear Workshop

In other news, Director Craig Leavitt sold 4,000 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $60.61, for a total value of $242,440.00. Following the sale, the director directly owned 64,142 shares in the company, valued at $3,887,646.62. The trade was a 5.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Vojin Todorovic sold 10,000 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 $732,500.00. Following the transaction, the chief financial officer directly owned 67,991 shares of the company’s stock, valued at $4,980,340.75. This represents a 12.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 61,387 shares of company stock worth $4,417,721 in the last 90 days. Company insiders own 5.80% of the company’s stock.

Institutional Trading of Build-A-Bear Workshop

A number of hedge funds and other institutional investors have recently made changes to their positions in BBW. Quarry LP bought a new position in shares of Build-A-Bear Workshop in the 1st quarter valued at about $28,000. AlphaQuest LLC grew its stake in 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. IFP Advisors Inc increased its position in shares of Build-A-Bear Workshop by 68.1% during the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 203 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of Build-A-Bear Workshop by 453.1% during the 3rd quarter. Larson Financial Group LLC now owns 542 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 444 shares in the last quarter. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Build-A-Bear Workshop in the 3rd quarter valued at approximately $45,000. 79.30% of the stock is currently owned by institutional investors and hedge funds.

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.