Build-A-Bear Workshop Inc . (NYSE:BBW) has reported that CAO, General Counsel & Secretary Eric R. Fencl has sold a significant portion of his company stock, amounting to over $650,000. The transactions, which took place on March 18 and 19, 2024, were disclosed in a recent filing with the Securities and Exchange Commission.
Fencl sold a total of 22,331 shares of Build-A-Bear Workshop common stock. On March 18, he sold 5,722 shares at a weighted average price of $29.6793, with individual transactions ranging from $29.50 to $29.84. The following day, he sold 16,609 shares at a weighted average price of $28.9534, with prices varying from $28.95 to $28.965. These sales resulted in a total of approximately $650,711.
Following these transactions, the filing indicated that Fencl still directly owns a substantial number of shares. Specifically, he holds 134,750 shares of common stock and 16,202 shares of restricted stock of the company.
Build-A-Bear Workshop, known for its retail stores where customers can create customized stuffed animals, has its headquarters in St. Louis, Missouri. The company's stock is publicly traded on the New York Stock Exchange under the ticker symbol BBW.
Investors and followers of Build-A-Bear Workshop often pay close attention to insider transactions, as they can provide insights into executives' perspectives on the company's current valuation and future prospects.
InvestingPro Insights
Amidst the news of CAO, General Counsel & Secretary Eric R. Fencl's stock sale, investors in Build-A-Bear Workshop Inc. (NYSE:BBW) can gain further context from recent performance metrics and analysis. According to InvestingPro data, the company has a market capitalization of approximately $407.81 million and is trading at a P/E ratio of 7.93, reflecting a low earnings multiple that might appeal to value-oriented investors. Additionally, the stock's recent price movements have been quite robust, with a one-week total return of 15.8% and a one-month total return of 25.43% as of the last recorded date.
An InvestingPro Tip indicates that BBW has a perfect Piotroski Score of 9, suggesting a healthy financial position, which could reassure investors of the company's stability. Moreover, the stock's significant returns over the last week and month could reflect a positive market sentiment towards Build-A-Bear Workshop's financial performance and growth prospects. For those looking to delve deeper into the company's financials and stock performance, there are additional tips available on InvestingPro, including insights on the stock's volatility and liquidity. With the use of the coupon code PRONEWS24, readers can get an extra 10% off a yearly or biyearly Pro and Pro+ subscription to access these valuable insights.
As investors consider the implications of insider transactions, these InvestingPro metrics and tips provide a broader picture of Build-A-Bear Workshop's current market position and future potential. Notably, with analysts predicting the company will be profitable this year and a strong return over the last three months, BBW appears to be on a growth trajectory that could influence investment decisions.
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