Point72 Asset Management, L.P. Acquires 50,000 Shares of Build-A-Bear Workshop, Inc (BBW) Stock

Build-A-Bear Workshop, Inc (NYSE:BBW) major shareholder Point72 Asset Management, L.P. bought 50,000 shares of the stock in a transaction dated Friday, December 22nd. The shares were purchased at an average price of $9.70 per share, with a total value of $485,000.00. The purchase was disclosed in a 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 sales and purchases with the SEC.

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

  • On Wednesday, December 20th, Point72 Asset Management, L.P. bought 50,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $9.49 per share, with a total value of $474,500.00.
  • On Monday, December 18th, Point72 Asset Management, L.P. bought 50,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $9.28 per share, with a total value of $464,000.00.
  • On Thursday, December 14th, Point72 Asset Management, L.P. bought 50,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.78 per share, with a total value of $439,000.00.
  • On Tuesday, December 12th, Point72 Asset Management, L.P. bought 50,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.66 per share, with a total value of $433,000.00.
  • On Friday, December 8th, Point72 Asset Management, L.P. bought 50,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.70 per share, with a total value of $435,000.00.
  • On Tuesday, November 28th, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.43 per share, with a total value of $84,300.00.
  • On Friday, November 17th, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $8.33 per share, with a total value of $83,300.00.
  • On Wednesday, November 8th, Point72 Asset Management, L.P. bought 10,300 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $7.36 per share, with a total value of $75,808.00.
  • On Monday, November 6th, Point72 Asset Management, L.P. bought 10,000 shares of Build-A-Bear Workshop stock. The shares were purchased at an average price of $7.70 per share, with a total value of $77,000.00.

Shares of Build-A-Bear Workshop, Inc (NYSE:BBW) opened at $9.20 on Thursday. The stock has a market capitalization of $155.20, a price-to-earnings ratio of 48.42, a P/E/G ratio of 1.09 and a beta of -0.17. Build-A-Bear Workshop, Inc has a 52-week low of $7.25 and a 52-week high of $14.65.

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

A number of research firms have recently commented on BBW. Jefferies Group assumed coverage on Build-A-Bear Workshop in a research report on Wednesday, September 13th. They set a “buy” rating and a $12.00 target price for the company. Zacks Investment Research downgraded Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, Dougherty & Co downgraded Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $11.67.

Institutional investors and hedge funds have recently modified their holdings of the stock. TIAA CREF Investment Management LLC increased its stake in Build-A-Bear Workshop by 1.4% in the first quarter. TIAA CREF Investment Management LLC now owns 36,500 shares of the specialty retailer’s stock worth $323,000 after purchasing an additional 488 shares during the period. Geode Capital Management LLC increased its stake in shares of Build-A-Bear Workshop by 3.6% during the first quarter. Geode Capital Management LLC now owns 99,140 shares of the specialty retailer’s stock valued at $877,000 after buying an additional 3,422 shares during the period. Strs Ohio increased its stake in shares of Build-A-Bear Workshop by 6.1% during the second quarter. Strs Ohio now owns 39,900 shares of the specialty retailer’s stock valued at $416,000 after buying an additional 2,300 shares during the period. Municipal Employees Retirement System of Michigan increased its stake in shares of Build-A-Bear Workshop by 43.2% during the second quarter. Municipal Employees Retirement System of Michigan now owns 30,140 shares of the specialty retailer’s stock valued at $315,000 after buying an additional 9,090 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of 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 during the period. Institutional investors own 70.60% of the company’s stock.

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Build-A-Bear Workshop Company Profile

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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