New York State Teachers Retirement System Acquires New Shares in Build-A-Bear Workshop, Inc. (NYSE:BBW)

New York State Teachers Retirement System bought a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,158 shares of the specialty retailer’s stock, valued at approximately $53,000.

Several other institutional investors also recently bought and sold shares of BBW. JPMorgan Chase & Co. boosted its stake in shares of Build-A-Bear Workshop by 322.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,935 shares of the specialty retailer’s stock worth $857,000 after acquiring an additional 19,038 shares in the last quarter. CWA Asset Management Group LLC acquired a new stake in Build-A-Bear Workshop in the 4th quarter worth approximately $800,000. State Street Corp boosted its position in Build-A-Bear Workshop by 34.3% during the third quarter. State Street Corp now owns 372,168 shares of the specialty retailer’s stock worth $12,863,000 after purchasing an additional 94,986 shares during the period. De Lisle Partners LLP grew its holdings in Build-A-Bear Workshop by 25.9% during the third quarter. De Lisle Partners LLP now owns 732,911 shares of the specialty retailer’s stock valued at $25,187,000 after purchasing an additional 150,619 shares during the last quarter. Finally, Franklin Resources Inc. bought a new position in shares of Build-A-Bear Workshop in the third quarter valued at approximately $282,000. 79.30% of the stock is currently owned by institutional investors.

Build-A-Bear Workshop Trading Up 0.3 %

BBW opened at $38.37 on Tuesday. The business has a 50 day moving average of $41.85 and a 200-day moving average of $37.25. The stock has a market capitalization of $515.71 million, a price-to-earnings ratio of 10.21 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a 1-year low of $23.22 and a 1-year high of $48.23.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business posted $0.53 EPS. Equities analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, insider J. Christopher Hurt sold 12,635 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total transaction of $499,461.55. Following the completion of the transaction, the insider now directly owns 49,386 shares of the company’s stock, valued at approximately $1,952,228.58. This trade represents a 20.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vojin Todorovic sold 5,000 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $40.08, for a total transaction of $200,400.00. Following the completion of the sale, the chief financial officer now directly owns 70,695 shares in the company, valued at approximately $2,833,455.60. The trade was a 6.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 175,713 shares of company stock valued at $7,580,622 over the last three months. 7.90% of the stock is owned by corporate insiders.

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.