Build-A-Bear Workshop, Inc (BBW) Major Shareholder Point72 Asset Management, L.P. Acquires 8,849 Shares

Build-A-Bear Workshop, Inc (NYSE:BBW) major shareholder Point72 Asset Management, L.P. purchased 8,849 shares of the company’s stock in a transaction on Tuesday, January 9th. The stock was bought at an average cost of $8.00 per share, for a total transaction of $70,792.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Friday, December 28th, Point72 Asset Management, L.P. purchased 25,000 shares of Build-A-Bear Workshop stock. The stock was bought at an average cost of $9.21 per share, for a total transaction of $230,250.00.
  • On Wednesday, December 27th, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The stock was bought at an average cost of $9.55 per share, for a total transaction of $477,500.00.
  • On Friday, December 22nd, Point72 Asset Management, L.P. purchased 50,000 shares of Build-A-Bear Workshop stock. The shares were bought at an average price of $9.70 per share, for a total transaction of $485,000.00.
  • On Wednesday, December 20th, Point72 Asset Management, L.P. acquired 50,000 shares of Build-A-Bear Workshop stock. The stock was acquired 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. acquired 50,000 shares of Build-A-Bear Workshop stock. The stock was acquired 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. acquired 50,000 shares of Build-A-Bear Workshop stock. The stock was acquired 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. acquired 50,000 shares of Build-A-Bear Workshop stock. The stock was acquired 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. acquired 50,000 shares of Build-A-Bear Workshop stock. The stock was acquired 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. acquired 10,000 shares of Build-A-Bear Workshop stock. The stock was acquired 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. acquired 10,000 shares of Build-A-Bear Workshop stock. The stock was acquired at an average price of $8.33 per share, with a total value of $83,300.00.

Shares of Build-A-Bear Workshop, Inc (NYSE:BBW) opened at $8.25 on Friday. Build-A-Bear Workshop, Inc has a fifty-two week low of $7.25 and a fifty-two week high of $13.50. The stock has a market cap of $132.12, a PE ratio of 45.84, a price-to-earnings-growth ratio of 0.81 and a beta of -0.17.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings results on Thursday, October 26th. The specialty retailer reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.01). The firm had revenue of $82.40 million for the quarter, compared to the consensus estimate of $85.61 million. Build-A-Bear Workshop had a net margin of 0.83% and a return on equity of 6.33%. The firm’s revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the company earned $0.11 earnings per share. equities analysts forecast that Build-A-Bear Workshop, Inc will post 0.5 EPS for the current fiscal year.

A number of research firms have issued reports on BBW. Zacks Investment Research upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a report on Friday, September 15th. Dougherty & Co cut shares of Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Build-A-Bear Workshop presently has an average rating of “Hold” and a consensus target price of $11.67.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Rhumbline Advisers raised its position 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 last quarter. Parametric Portfolio Associates LLC raised its position in shares of Build-A-Bear Workshop by 15.4% during the second quarter. Parametric Portfolio Associates LLC now owns 14,805 shares of the specialty retailer’s stock valued at $155,000 after buying an additional 1,978 shares during the last quarter. Northern Trust Corp raised its position in shares of Build-A-Bear Workshop by 6.3% during the second quarter. Northern Trust Corp now owns 177,134 shares of the specialty retailer’s stock valued at $1,850,000 after buying an additional 10,472 shares during the last quarter. Trexquant Investment LP raised its position in shares of Build-A-Bear Workshop by 72.5% during the third quarter. Trexquant Investment LP now owns 25,366 shares of the specialty retailer’s stock valued at $232,000 after buying an additional 10,662 shares during the last quarter. Finally, Tudor Investment Corp ET AL acquired a new position in shares of Build-A-Bear Workshop during the second quarter valued at about $129,000. 70.60% of the stock is owned by institutional investors and hedge funds.

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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.

Insider Buying and Selling by Quarter for Build-A-Bear Workshop (NYSE:BBW)

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