Build-A-Bear Workshop (NYSE:BBW) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Build-A-Bear Workshop, Inc. (NYSE:BBW) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $56.77 and traded as high as $66.38. Build-A-Bear Workshop shares last traded at $65.35, with a volume of 332,904 shares.

Analyst Ratings Changes

Several analysts have weighed in on BBW shares. DA Davidson cut their target price on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, December 5th. Zacks Research lowered Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Build-A-Bear Workshop in a research note on Tuesday, December 23rd. CJS Securities started coverage on shares of Build-A-Bear Workshop in a research report on Wednesday, December 10th. They issued a “market outperform” rating and a $70.00 price target on the stock. Finally, Wall Street Zen cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Build-A-Bear Workshop has an average rating of “Moderate Buy” and an average target price of $64.75.

Build-A-Bear Workshop Price Performance

The stock has a market cap of $846.28 million, a price-to-earnings ratio of 15.02 and a beta of 1.01. The business has a fifty day moving average of $53.96 and a 200 day moving average of $56.77.

Build-A-Bear Workshop (NYSE:BBW) last posted its earnings results on Thursday, December 4th. The specialty retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.55 by $0.07. Build-A-Bear Workshop had a net margin of 10.93% and a return on equity of 38.43%. The firm had revenue of $122.68 million for the quarter, compared to the consensus estimate of $124.28 million. During the same period in the prior year, the business posted $0.73 earnings per share. On average, analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, November 26th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, November 26th. Build-A-Bear Workshop’s payout ratio is currently 20.23%.

Insider Transactions at Build-A-Bear Workshop

In related news, Director Lesli Rotenberg sold 1,000 shares of the business’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $61.34, for a total transaction of $61,340.00. Following the transaction, the director owned 9,825 shares of the company’s stock, valued at approximately $602,665.50. The trade was a 9.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 5.80% of the company’s stock.

Institutional Trading of Build-A-Bear Workshop

Hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc increased its holdings 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 period. Larson Financial Group LLC increased its holdings in 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 valued at $35,000 after purchasing an additional 444 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Build-A-Bear Workshop during the 3rd quarter worth about $45,000. Covestor Ltd increased its position in Build-A-Bear Workshop by 214.3% in the 3rd quarter. Covestor Ltd now owns 682 shares of the specialty retailer’s stock valued at $45,000 after acquiring an additional 465 shares in the last quarter. Finally, MTM Investment Management LLC bought a new position in shares of Build-A-Bear Workshop in the second quarter worth about $52,000. 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 a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.