FNY Investment Advisers LLC Acquires 1,581 Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW)

FNY Investment Advisers LLC increased its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW) by 52.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,580 shares of the specialty retailer’s stock after buying an additional 1,581 shares during the period. FNY Investment Advisers LLC’s holdings in Build-A-Bear Workshop were worth $98,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its holdings in Build-A-Bear Workshop by 4.8% in the 1st quarter. Bank of New York Mellon Corp now owns 47,038 shares of the specialty retailer’s stock valued at $860,000 after purchasing an additional 2,173 shares during the period. American Century Companies Inc. increased its position in shares of Build-A-Bear Workshop by 226.1% in the first 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. increased its position in shares of Build-A-Bear Workshop by 67.8% in the first 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 during the period. Vanguard Group Inc. increased its position in shares of Build-A-Bear Workshop by 12.1% in the first quarter. Vanguard Group Inc. now owns 670,825 shares of the specialty retailer’s stock valued at $12,263,000 after acquiring an additional 72,169 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Build-A-Bear Workshop by 10.8% during 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. 72.73% of the stock is owned by institutional investors.

Insider Transactions at Build-A-Bear Workshop

In related news, Director George Carrara sold 4,000 shares of the company’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $27.27, for a total transaction of $109,080.00. Following the completion of the transaction, the director now owns 20,073 shares in the company, valued at $547,390.71. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director George Carrara sold 4,000 shares of the company’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $27.27, for a total transaction of $109,080.00. Following the completion of the transaction, the director now owns 20,073 shares in the company, valued at $547,390.71. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Vojin Todorovic sold 23,158 shares of the stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $28.50, for a total transaction of $660,003.00. Following the transaction, the chief financial officer now owns 110,493 shares of the company’s stock, valued at approximately $3,149,050.50. The disclosure for this sale can be found here. Insiders sold a total of 110,469 shares of company stock valued at $2,657,287 over the last three months. Corporate insiders own 11.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. StockNews.com assumed coverage on shares of Build-A-Bear Workshop in a research note on Thursday, August 17th. They set a “buy” rating on the stock. Northland Securities initiated coverage on shares of Build-A-Bear Workshop in a research note on Monday, September 11th. They issued an “outperform” rating and a $36.00 target price on the stock.

Build-A-Bear Workshop Stock Performance

Shares of BBW traded down $0.90 during mid-day trading on Friday, hitting $27.87. 266,082 shares of the company traded hands, compared to its average volume of 278,754. The stock has a 50-day moving average price of $24.93 and a two-hundred day moving average price of $23.06. Build-A-Bear Workshop, Inc. has a 1 year low of $12.61 and a 1 year high of $30.49. The stock has a market cap of $405.01 million, a price-to-earnings ratio of 8.08 and a beta of 1.95.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, August 24th. The specialty retailer reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.16. Build-A-Bear Workshop had a net margin of 10.63% and a return on equity of 45.76%. The business had revenue of $109.23 million during the quarter, compared to analysts’ expectations of $101.89 million. During the same period in the prior year, the company earned $0.38 earnings per share. On average, analysts forecast that Build-A-Bear Workshop, Inc. will post 3.57 EPS for the current year.

Build-A-Bear Workshop Company Profile

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.