Versor Investments LP Makes New $240,000 Investment in Build-A-Bear Workshop, Inc. (NYSE:BBW)

Versor Investments LP purchased a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,210 shares of the specialty retailer’s stock, valued at approximately $240,000.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in Build-A-Bear Workshop by 77.5% in the fourth quarter. Bank of New York Mellon Corp now owns 180,045 shares of the specialty retailer’s stock valued at $8,289,000 after buying an additional 78,629 shares in the last quarter. New York State Teachers Retirement System bought a new position in shares of Build-A-Bear Workshop in the fourth quarter worth about $53,000. Savant Capital LLC boosted its stake in shares of Build-A-Bear Workshop by 22.8% in the 4th quarter. Savant Capital LLC now owns 9,032 shares of the specialty retailer’s stock valued at $416,000 after purchasing an additional 1,678 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Build-A-Bear Workshop by 15.8% during the 4th quarter. Bleakley Financial Group LLC now owns 8,670 shares of the specialty retailer’s stock valued at $399,000 after purchasing an additional 1,183 shares during the last quarter. Finally, Lion Street Advisors LLC bought a new stake in shares of Build-A-Bear Workshop during the 4th quarter valued at approximately $249,000. 79.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. 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. Northland Securities boosted their price objective on 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. Finally, DA Davidson increased their target price on Build-A-Bear Workshop from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, December 6th.

Build-A-Bear Workshop Price Performance

BBW opened at $40.68 on Wednesday. The firm has a market capitalization of $546.67 million, a price-to-earnings ratio of 10.82 and a beta of 1.50. Build-A-Bear Workshop, Inc. has a fifty-two week low of $23.22 and a fifty-two week high of $48.23. The company’s 50 day moving average price is $41.57 and its two-hundred day moving average price is $37.77.

Build-A-Bear Workshop (NYSE:BBW) last issued its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. During the same period in the previous year, the business earned $0.53 earnings per share. As a group, equities research analysts predict that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CFO Vojin Todorovic sold 5,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $40.08, for a total transaction of $200,400.00. Following the sale, the chief financial officer now owns 70,695 shares of the company’s stock, valued at approximately $2,833,455.60. This represents a 6.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider J. Christopher Hurt sold 12,635 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total value of $499,461.55. Following the sale, the insider now owns 49,386 shares in the company, valued at approximately $1,952,228.58. The trade was a 20.37 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 175,713 shares of company stock valued at $7,580,622. 7.90% of the stock is currently owned by company 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.