Build-A-Bear Workshop, Inc (BBW) Holdings Trimmed by Two Sigma Investments LP

Two Sigma Investments LP trimmed its position in shares of Build-A-Bear Workshop, Inc (NYSE:BBW) by 73.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,798 shares of the specialty retailer’s stock after selling 88,484 shares during the period. Two Sigma Investments LP owned approximately 0.22% of Build-A-Bear Workshop worth $130,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BBW. JPMorgan Chase & Co. increased its position in shares of Build-A-Bear Workshop by 744.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,719 shares of the specialty retailer’s stock valued at $187,000 after purchasing an additional 18,265 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Build-A-Bear Workshop by 23.7% in the 3rd quarter. Renaissance Technologies LLC now owns 736,800 shares of the specialty retailer’s stock worth $6,668,000 after acquiring an additional 141,000 shares in the last quarter. Man Group plc purchased a new stake in Build-A-Bear Workshop in the 3rd quarter worth approximately $215,000. Lombard Odier Asset Management USA Corp purchased a new stake in Build-A-Bear Workshop in the 3rd quarter worth approximately $1,544,000. Finally, North Star Investment Management Corp. increased its holdings in Build-A-Bear Workshop by 18.8% in the 4th quarter. North Star Investment Management Corp. now owns 343,965 shares of the specialty retailer’s stock worth $1,359,000 after acquiring an additional 54,500 shares in the last quarter. Institutional investors own 76.49% of the company’s stock.

Build-A-Bear Workshop stock traded down $0.10 during midday trading on Thursday, hitting $4.92. The stock had a trading volume of 300,300 shares, compared to its average volume of 116,019. Build-A-Bear Workshop, Inc has a 52-week low of $3.75 and a 52-week high of $9.55. The firm has a market capitalization of $76.02 million, a price-to-earnings ratio of -12.30 and a beta of 0.56.

Build-A-Bear Workshop (NYSE:BBW) last posted its quarterly earnings results on Wednesday, March 13th. The specialty retailer reported ($0.05) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.40). Build-A-Bear Workshop had a negative return on equity of 7.90% and a negative net margin of 5.33%. The business had revenue of $101.53 million during the quarter, compared to the consensus estimate of $99.90 million. During the same quarter in the previous year, the company earned $0.09 earnings per share.

Several research firms recently issued reports on BBW. ValuEngine raised shares of Build-A-Bear Workshop from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. Zacks Investment Research raised shares of Build-A-Bear Workshop from a “strong sell” rating to a “hold” rating and set a $6.25 target price for the company in a report on Monday, March 18th.

In other news, major shareholder Point72 Asset Management, L.P. sold 2,050,000 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $5.11, for a total transaction of $10,475,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 8.40% of the stock is currently owned by corporate insiders.

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About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a specialty retailer of plush animals and related products. The company operates through three segments: Direct-to-Consumer, International Franchising, and Commercial. Its merchandise comprises a range of styles of stuffed animals; clothing, shoes, and accessories for the stuffed animals; and other toy and novelty items.

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Institutional Ownership by Quarter for Build-A-Bear Workshop (NYSE:BBW)

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