August 23, 2023: It has been reported that Resources Investment Advisors LLC. recently acquired a new stake in Build-A-Bear Workshop, Inc. in the first quarter of this year. According to its most recent 13F filing with the Securities & Exchange Commission, the firm purchased 20,649 shares of the specialty retailer’s stock, valued at approximately $480,000. By the end of the reporting period, Resources Investment Advisors LLC. owned about 0.14% of Build-A-Bear Workshop.
Build-A-Bear Workshop (NYSE:BBW) released its earnings results on May 25th, providing insights into its financial performance. The specialty retailer reported earnings per share (EPS) of $0.98 for the quarter, which fell short of the consensus estimate of $1.01 by ($0.03). During this period, Build-A-Bear Workshop generated revenue worth $120.05 million, compared to analysts’ expectations of $124.24 million.
Despite missing estimates slightly, Build-A-Bear Workshop still demonstrated a strong return on equity of 44.90% and a net margin of 10.29%. Furthermore, it is worth noting that in the corresponding quarter of the previous year, the company reported earnings per share amounting to $0.89.
Equities analysts collectively predict that for the current fiscal year, Build-A-Bear Workshop will post earnings per share equal to 3.46.
This recent acquisition by Resources Investment Advisors LLC., along with Build-A-Bear Workshop’s financial performance highlights, gives investors and market enthusiasts valuable information to consider when evaluating and making decisions regarding their investments.
As always in financial sectors, past performance does not guarantee future results; hence these findings should be taken into account alongside other factors affecting Build-A-Bear Workshop’s trajectory in order to make informed choices tailored to individual investment strategies and risk tolerances.
Build-A-Bear Workshop, Inc.
Updated on: 05/12/2023
Debt to equity ratio: Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
1:00 PM (UTC)
Date:04 December, 2023
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Build-A-Bear Workshop Attracts Institutional Investors and Hedge Funds, Indicating Confidence in Future Prospects
Build-A-Bear Workshop, a specialty retailer known for its customizable teddy bears, has recently caught the attention of several institutional investors and hedge funds. Some of these entities have made significant modifications to their holdings in the company’s stock, indicating their confidence in its future prospects.
Among the notable investors is Gladius Capital Management LP, which acquired a new stake in Build-A-Bear Workshop during the first quarter of this year. The stake was valued at $36,000. Captrust Financial Advisors and Quantbot Technologies LP also purchased new stakes during the same period, valuing them at $37,000 and $39,000 respectively.
Tower Research Capital LLC TRC stands out as one of the most impressive investors in Build-A-Bear Workshop. The firm boosted its position in the specialty retailer by an astonishing 190.9% during the third quarter of last year. With this increase, Tower Research Capital now holds 3,200 shares valued at $43,000.
UBS Group AG is another investor that has shown confidence in Build-A-Bear Workshop by significantly increasing its position in the company. The financial giant boosted its stake by 313.1% during the first quarter of this year. UBS now owns 2,545 shares valued at $46,000.
These investments by institutional investors indicate their belief in Build-A-Bear Workshop’s potential for growth and success in the retail industry. This sentiment is echoed by StockNews.com who recently assumed coverage on Build-A-Bear Workshop and issued a “buy” rating on the stock.
In other news related to Build-A-Bear Workshop, Director George Carrara has sold 3,000 shares of company stock. This transaction took place on Friday, June 9th with an average price per share of $20.54 and a total transaction value of $61,620. Following the sale, Carrara now holds approximately 24,073 shares, which are valued at around $494,459.42.
CEO Sharon Price John has also been involved in stock sales, having sold 37,398 shares on Wednesday, June 28th. The average price per share was $20.26, resulting in a total transaction value of $757,683.48. Following this sale, John now holds 602,781 shares in Build-A-Bear Workshop valued at $12,212,343.06.
In the past three months alone, insiders have sold a total of 56,398 shares of Build-A-Bear Workshop stock valued at $1,143,303. This accounts for approximately 11.40% of the company’s total outstanding shares.
Build-A-Bear Workshop’s stock (NYSE:BBW) opened at $24.32 on August 23rd and currently maintains a market capitalization of $353.37 million. With a price-to-earnings ratio of 7.46 and a beta of 1.97, the stock portrays an interesting investment opportunity. The stock’s 50-day simple moving average is $22.79 and its two-hundred-day simple moving average is $22.58.
Overall, the recent investments by institutional investors combined with positive coverage from StockNews.com suggest that Build-A-Bear Workshop may be poised for growth in the future despite recent insider selling activity.