Build-A-Bear Workshop (BBW) Rating Increased to Hold at Zacks Investment Research

Build-A-Bear Workshop (NYSE:BBW) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Monday.

According to Zacks, “Build-A-Bear Workshop is the leading and only national company providing a make your own stuffed animal interactive retail-entertainment experience. “

Separately, Dougherty & Co lowered Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a research note on Friday, October 27th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Build-A-Bear Workshop presently has an average rating of “Hold” and a consensus target price of $11.67.

Build-A-Bear Workshop (BBW) traded down $0.15 during trading on Monday, reaching $8.20. The company’s stock had a trading volume of 100,348 shares, compared to its average volume of 145,264. Build-A-Bear Workshop has a 1 year low of $7.25 and a 1 year high of $12.05. The company has a market capitalization of $132.91, a PE ratio of 45.56, a PEG ratio of 0.81 and a beta of -0.30.

In other news, major shareholder Point72 Asset Management, L.P. purchased 10,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were purchased at an average cost of $8.43 per share, with a total value of $84,300.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have bought 428,849 shares of company stock worth $3,884,142 over the last three months. Insiders own 17.50% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC boosted its stake in shares of Build-A-Bear Workshop by 2.1% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 484,885 shares of the specialty retailer’s stock valued at $4,461,000 after purchasing an additional 10,130 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Build-A-Bear Workshop by 473.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 12,749 shares of the specialty retailer’s stock worth $118,000 after acquiring an additional 10,526 shares during the period. BlackRock Inc. lifted its stake in shares of Build-A-Bear Workshop by 0.8% in the fourth quarter. BlackRock Inc. now owns 876,475 shares of the specialty retailer’s stock worth $8,063,000 after acquiring an additional 6,679 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Build-A-Bear Workshop by 5.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 213,155 shares of the specialty retailer’s stock worth $1,961,000 after acquiring an additional 11,644 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Build-A-Bear Workshop by 46.2% in the fourth quarter. Wells Fargo & Company MN now owns 21,253 shares of the specialty retailer’s stock worth $195,000 after acquiring an additional 6,712 shares during the period. 69.97% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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