Inspire Investing LLC Acquires Shares of 42,346 Build-A-Bear Workshop, Inc. $BBW

Inspire Investing LLC bought a new position in Build-A-Bear Workshop, Inc. (NYSE:BBW) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 42,346 shares of the specialty retailer’s stock, valued at approximately $1,586,000.

Several other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of Build-A-Bear Workshop during the fourth quarter valued at approximately $28,000. IFP Advisors Inc grew its position in Build-A-Bear Workshop by 68.1% during the 3rd quarter. IFP Advisors Inc now owns 501 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 203 shares in the last quarter. Larson Financial Group LLC grew its position 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 worth $35,000 after purchasing an additional 444 shares in the last quarter. Blue Trust Inc. raised its stake in Build-A-Bear Workshop by 163.0% during the 4th quarter. Blue Trust Inc. now owns 668 shares of the specialty retailer’s stock valued at $41,000 after purchasing an additional 414 shares during the period. Finally, Wexford Capital LP acquired a new stake in Build-A-Bear Workshop during the 3rd quarter valued at $69,000. 79.30% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Build-A-Bear Workshop

In related news, Director George Carrara sold 3,000 shares of Build-A-Bear Workshop stock in a transaction on Friday, June 5th. The stock was sold at an average price of $34.52, for a total transaction of $103,560.00. Following the completion of the sale, the director owned 11,277 shares of the company’s stock, valued at approximately $389,282.04. This trade represents a 21.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.00% of the company’s stock.

Build-A-Bear Workshop Stock Performance

BBW stock opened at $30.68 on Thursday. The stock has a market cap of $384.73 million, a P/E ratio of 7.19 and a beta of 1.09. The firm has a 50 day simple moving average of $35.24 and a 200 day simple moving average of $45.67. Build-A-Bear Workshop, Inc. has a 52 week low of $29.71 and a 52 week high of $75.85.

Build-A-Bear Workshop (NYSE:BBW) last released its quarterly earnings data on Thursday, May 28th. The specialty retailer reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.27. Build-A-Bear Workshop had a net margin of 10.48% and a return on equity of 32.15%. The firm had revenue of $125.27 million for the quarter, compared to analyst estimates of $129.45 million. Sell-side analysts predict that Build-A-Bear Workshop, Inc. will post 4.04 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Thursday, June 25th. Build-A-Bear Workshop’s dividend payout ratio (DPR) is currently 21.55%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BBW shares. Weiss Ratings lowered Build-A-Bear Workshop from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. DA Davidson reissued a “buy” rating and set a $60.00 price target on shares of Build-A-Bear Workshop in a research report on Friday, May 29th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $70.00.

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.