Build-A-Bear Workshop (NYSE:BBW) Now Covered by Analysts at Northland Securities

Northland Securities initiated coverage on shares of Build-A-Bear Workshop (NYSE:BBW) in a research note released on Monday, Marketbeat.com reports. The brokerage issued an outperform rating and a $36.00 target price on the specialty retailer’s stock.

Separately, StockNews.com assumed coverage on shares of Build-A-Bear Workshop in a report on Thursday, August 17th. They set a buy rating for the company.

Build-A-Bear Workshop Price Performance

BBW opened at $28.77 on Monday. The business has a 50 day simple moving average of $24.82 and a 200-day simple moving average of $23.00. Build-A-Bear Workshop has a 12 month low of $12.61 and a 12 month high of $30.49. The stock has a market capitalization of $417.94 million, a P/E ratio of 8.34 and a beta of 1.95.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, August 24th. The specialty retailer reported $0.57 EPS for the quarter, beating the consensus estimate of $0.41 by $0.16. The firm had revenue of $109.23 million during the quarter, compared to analysts’ expectations of $101.89 million. Build-A-Bear Workshop had a net margin of 10.63% and a return on equity of 45.71%. During the same quarter last year, the business earned $0.38 earnings per share. Research analysts anticipate that Build-A-Bear Workshop will post 3.52 EPS for the current year.

Insider Buying and Selling

In other news, CEO Sharon Price John sold 37,398 shares of Build-A-Bear Workshop stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of $20.26, for a total transaction of $757,683.48. Following the completion of the sale, the chief executive officer now directly owns 602,781 shares in the company, valued at $12,212,343.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Sharon Price John sold 37,398 shares of the company’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of $20.26, for a total value of $757,683.48. Following the completion of the transaction, the chief executive officer now directly owns 602,781 shares in the company, valued at $12,212,343.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vojin Todorovic sold 23,158 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $28.50, for a total value of $660,003.00. Following the completion of the sale, the chief financial officer now directly owns 110,493 shares in the company, valued at $3,149,050.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 110,469 shares of company stock worth $2,657,287. 11.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in Build-A-Bear Workshop by 4.8% during the 1st quarter. Bank of New York Mellon Corp now owns 47,038 shares of the specialty retailer’s stock worth $860,000 after purchasing an additional 2,173 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Build-A-Bear Workshop by 226.1% in the 1st quarter. American Century Companies Inc. now owns 39,343 shares of the specialty retailer’s stock valued at $719,000 after acquiring an additional 27,277 shares during the period. Citigroup Inc. lifted its holdings in shares of Build-A-Bear Workshop by 67.8% during the 1st quarter. Citigroup Inc. now owns 25,438 shares of the specialty retailer’s stock valued at $465,000 after acquiring an additional 10,275 shares in the last quarter. Vanguard Group Inc. boosted its position in Build-A-Bear Workshop by 12.1% during the 1st quarter. Vanguard Group Inc. now owns 670,825 shares of the specialty retailer’s stock worth $12,263,000 after purchasing an additional 72,169 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Build-A-Bear Workshop by 10.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 181,426 shares of the specialty retailer’s stock valued at $3,316,000 after purchasing an additional 17,751 shares in the last quarter. Institutional investors and hedge funds own 72.73% of the company’s stock.

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.