Build-A-Bear Workshop (NYSE:BBW) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Build-A-Bear Workshop, Inc. (NYSE:BBW)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $55.95 and traded as high as $60.00. Build-A-Bear Workshop shares last traded at $60.19, with a volume of 154,803 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on BBW shares. Zacks Research lowered Build-A-Bear Workshop from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Northland Securities upped their price objective on shares of Build-A-Bear Workshop from $60.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Weiss Ratings restated a “buy (b)” rating on shares of Build-A-Bear Workshop in a report on Tuesday. DA Davidson dropped their price objective on Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating for the company in a report on Friday, December 5th. Finally, Wall Street Zen cut Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. 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 Stock Performance

The stock has a market capitalization of $794.16 million, a P/E ratio of 14.03 and a beta of 1.01. The business has a 50-day moving average price of $52.63 and a 200 day moving average price of $55.98.

Build-A-Bear Workshop (NYSE:BBW) last announced its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.07. Build-A-Bear Workshop had a return on equity of 38.43% and a net margin of 10.93%.The business had revenue of $122.68 million during the quarter, compared to analysts’ expectations of $124.28 million. During the same quarter in the previous year, the business earned $0.73 earnings per share. As a group, research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, November 26th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, November 26th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 20.23%.

Insider Buying and Selling

In other news, Director Craig Leavitt sold 4,000 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $60.61, for a total transaction of $242,440.00. Following the completion of the sale, the director owned 64,142 shares of the company’s stock, valued at $3,887,646.62. The trade was a 5.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lesli Rotenberg sold 1,000 shares of the business’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $61.34, for a total value of $61,340.00. Following the completion of the transaction, the director owned 9,825 shares in the company, valued at $602,665.50. The trade was a 9.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 6,000 shares of company stock worth $363,760. Corporate insiders own 5.80% of the company’s stock.

Institutional Trading of Build-A-Bear Workshop

A number of large investors have recently added to or reduced their stakes in BBW. IFP Advisors Inc raised its position in Build-A-Bear Workshop by 68.1% during the third quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 203 shares during the period. Larson Financial Group LLC boosted 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 acquiring an additional 444 shares during the period. Covestor Ltd grew its stake in Build-A-Bear Workshop by 214.3% in the 3rd quarter. Covestor Ltd now owns 682 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 465 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Build-A-Bear Workshop during the third quarter worth approximately $45,000. Finally, Quarry LP bought a new stake in shares of Build-A-Bear Workshop during the first quarter valued at approximately $28,000. Institutional investors own 79.30% of the company’s stock.

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.