Build-A-Bear Workshop, Inc. (NYSE:BBW) CEO Sharon Price John Sells 17,596 Shares
From MarketBeat:
Build-A-Bear Workshop CEO, Sharon Price John, recently sold a significant number of shares of the company’s stock. On December 26th, she sold 17,596 shares at an average price of $22.90, totaling a value of $402,948.40. In addition, one week earlier, she sold 4,433 shares of Build-A-Bear Workshop stock at an average price of $24.01, totalling a value of $106,436.33. This follows the company’s November 30th earnings report, where it beat analyst expectations with $0.53 earnings per share.
Despite the sales by Sharon Price John and a minor decrease in trading on December 26th, the company has received several positive analyst ratings. Build-A-Bear Workshop is moving to expand its operations, with Mark Cohen, lead director of Build-A-Bear Workshop showing confidence in the company’s growth potential. However, hedge funds have both bought and sold shares of the stock in recent months, indicating some level of uncertainty about the stock’s future performance. With a market cap of $329.56 million, and positive financial reports for the current fiscal year, analysts remain divided on the company’s future potential.
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