Build-A-Bear Workshop, Inc. (NYSE:BBW) major shareholder Point72 Asset Management, L.P. purchased 50,000 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was acquired at an average cost of $8.66 per share, with a total value of $433,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Friday, December 8th, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was acquired at an average cost of $8.70 per share, with a total value of $435,000.00.
  • On Tuesday, November 28th, Point72 Asset Management, L.P. purchased 10,000 shares of Build-A-Bear Workshop stock. The stock was acquired at an average cost of $8.43 per share, with a total value of $84,300.00.
  • On Friday, November 17th, Point72 Asset Management, L.P. purchased 10,000 shares of Build-A-Bear Workshop stock. The stock was acquired at an average cost of $8.33 per share, with a total value of $83,300.00.
  • On Wednesday, November 8th, Point72 Asset Management, L.P. purchased 10,300 shares of Build-A-Bear Workshop stock. The stock was acquired at an average cost of $7.36 per share, with a total value of $75,808.00.
  • On Monday, November 6th, Point72 Asset Management, L.P. purchased 10,000 shares of Build-A-Bear Workshop stock. The stock was acquired at an average cost of $7.70 per share, with a total value of $77,000.00.

Build-A-Bear Workshop, Inc. (BBW) traded up $0.15 during mid-day trading on Wednesday, reaching $8.65. 195,525 shares of the company’s stock were exchanged, compared to its average volume of 135,189. Build-A-Bear Workshop, Inc. has a 52 week low of $7.25 and a 52 week high of $15.45. The stock has a market capitalization of $134.50, a price-to-earnings ratio of 21.13, a PEG ratio of 0.93 and a beta of -0.17.

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

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

Hedge funds have recently bought and sold shares of the business. Tudor Investment Corp ET AL purchased a new stake in Build-A-Bear Workshop during the second quarter valued at about $129,000. PEAK6 Investments L.P. purchased a new stake in Build-A-Bear Workshop during the third quarter valued at about $134,000. Trexquant Investment LP lifted its stake in Build-A-Bear Workshop by 1.1% during the second quarter. Trexquant Investment LP now owns 14,704 shares of the specialty retailer’s stock valued at $154,000 after buying an additional 155 shares in the last quarter. Parametric Portfolio Associates LLC lifted its stake in Build-A-Bear Workshop by 15.4% during the second quarter. Parametric Portfolio Associates LLC now owns 14,805 shares of the specialty retailer’s stock valued at $155,000 after buying an additional 1,978 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in Build-A-Bear Workshop by 2.6% during the second quarter. Rhumbline Advisers now owns 16,259 shares of the specialty retailer’s stock valued at $170,000 after buying an additional 415 shares in the last quarter. 70.60% of the stock is owned by institutional investors.

BBW has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Jefferies Group initiated coverage on shares of Build-A-Bear Workshop in a report on Wednesday, September 13th. They issued a “buy” rating and a $12.00 price target for the company. 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 equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $11.67.

TRADEMARK VIOLATION WARNING: This news story was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/13/build-a-bear-workshop-inc-bbw-major-shareholder-buys-433000-00-in-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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Build-A-Bear Workshop and related companies with MarketBeat.com's FREE daily email newsletter.