Build-A-Bear Workshop (NYSE:BBW) Stock Passes Above 200 Day Moving Average – Here’s Why

Build-A-Bear Workshop, Inc. (NYSE:BBW) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $37.25 and traded as high as $38.62. Build-A-Bear Workshop shares last traded at $38.37, with a volume of 217,846 shares traded.

Analyst Ratings Changes

Several research firms have issued reports on BBW. DA Davidson upped their price target on shares of Build-A-Bear Workshop from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. StockNews.com upgraded shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th. Finally, Northland Securities upped their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th.

Build-A-Bear Workshop Price Performance

The company has a fifty day moving average of $41.85 and a 200 day moving average of $37.25. The firm has a market capitalization of $515.71 million, a P/E ratio of 10.21 and a beta of 1.50.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.03. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%. During the same period last year, the company posted $0.53 EPS. On average, sell-side analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Insider Activity at Build-A-Bear Workshop

In other news, Director Lesli Rotenberg sold 2,473 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $41.10, for a total transaction of $101,640.30. Following the transaction, the director now owns 11,724 shares of the company’s stock, valued at $481,856.40. This represents a 17.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Eric R. Fencl sold 9,074 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $40.28, for a total value of $365,500.72. Following the completion of the sale, the chief accounting officer now owns 128,004 shares of the company’s stock, valued at approximately $5,156,001.12. This represents a 6.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 175,713 shares of company stock worth $7,580,622 in the last 90 days. Corporate insiders own 7.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBW. Nisa Investment Advisors LLC raised its position in shares of Build-A-Bear Workshop by 17.6% during the third quarter. Nisa Investment Advisors LLC now owns 5,812 shares of the specialty retailer’s stock worth $201,000 after purchasing an additional 871 shares during the period. Fortitude Family Office LLC increased its stake in Build-A-Bear Workshop by 705.8% during the 3rd quarter. Fortitude Family Office LLC now owns 1,104 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 967 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Build-A-Bear Workshop by 3.3% during the third quarter. Janney Montgomery Scott LLC now owns 23,483 shares of the specialty retailer’s stock worth $807,000 after buying an additional 754 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of Build-A-Bear Workshop by 32.0% in the third quarter. GSA Capital Partners LLP now owns 23,437 shares of the specialty retailer’s stock valued at $806,000 after buying an additional 5,680 shares in the last quarter. Finally, OneDigital Investment Advisors LLC grew its holdings in shares of Build-A-Bear Workshop by 1.9% during the third quarter. OneDigital Investment Advisors LLC now owns 22,397 shares of the specialty retailer’s stock valued at $770,000 after buying an additional 408 shares during the last quarter. Institutional investors own 79.30% 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.