Build-A-Bear Workshop, Inc. (NYSE:BBW) major shareholder Point72 Asset Management, L.P. bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were bought at an average price of $8.43 per share, with a total value of $84,300.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% 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 Friday, November 17th, Point72 Asset Management, L.P. acquired 10,000 shares of Build-A-Bear Workshop stock. The stock was acquired at an average price of $8.33 per share, with a total value of $83,300.00.
  • On Wednesday, November 8th, Point72 Asset Management, L.P. bought 10,300 shares of Build-A-Bear Workshop stock. The stock was purchased at an average cost of $7.36 per share, for a total transaction of $75,808.00.
  • On Monday, November 6th, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The stock was purchased at an average cost of $7.70 per share, for a total transaction of $77,000.00.

Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) traded down $0.30 on Thursday, hitting $8.20. 80,045 shares of the stock traded hands, compared to its average volume of 136,582. The company has a market cap of $134.50, a PE ratio of 21.13, a P/E/G ratio of 0.93 and a beta of -0.18. Build-A-Bear Workshop, Inc. has a one year low of $7.25 and a one year high of $15.85.

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

Build-A-Bear Workshop declared that its board has authorized a stock repurchase plan on Monday, August 21st that permits the company to repurchase $20.00 million in shares. This repurchase authorization permits the specialty retailer to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

A number of hedge funds have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. boosted its position in Build-A-Bear Workshop by 2.1% during the third quarter. Point72 Asset Management L.P. now owns 2,534,676 shares of the specialty retailer’s stock worth $23,192,000 after purchasing an additional 51,000 shares during the period. PEAK6 Investments L.P. bought a new position in Build-A-Bear Workshop during the third quarter worth $134,000. Trexquant Investment LP boosted its position in Build-A-Bear Workshop by 72.5% during the third quarter. Trexquant Investment LP now owns 25,366 shares of the specialty retailer’s stock worth $232,000 after purchasing an additional 10,662 shares during the period. Macquarie Group Ltd. bought a new position in Build-A-Bear Workshop during the third quarter worth $291,000. Finally, New York State Common Retirement Fund boosted its position in Build-A-Bear Workshop by 980.8% during the third quarter. New York State Common Retirement Fund now owns 151,306 shares of the specialty retailer’s stock worth $1,384,000 after purchasing an additional 137,306 shares during the period. 70.60% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently issued reports on the stock. Jefferies Group assumed coverage on shares of Build-A-Bear Workshop in a research note on Wednesday, September 13th. They issued a “buy” rating and a $12.00 target price on the stock. Zacks Investment Research upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Friday, September 15th. Finally, Dougherty & Co downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Build-A-Bear Workshop currently has a consensus rating of “Hold” and an average target price of $11.67.

WARNING: “Insider Buying: Build-A-Bear Workshop, Inc. (BBW) Major Shareholder Acquires 10,000 Shares of Stock” was published by American Banking News and is the property of of American Banking News. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2017/11/30/insider-buying-build-a-bear-workshop-inc-bbw-major-shareholder-acquires-10000-shares-of-stock.html.

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)

Receive News & Ratings for Build-A-Bear Workshop Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Build-A-Bear Workshop Inc. and related companies with MarketBeat.com's FREE daily email newsletter.