Build-a-Bear CFO Vojin Todorovic sells $343k in stock

Published 30/08/2024, 21:14
Build-a-Bear CFO Vojin Todorovic sells $343k in stock

Investors following Build-A-Bear Workshop Inc . (NYSE:BBW) will note a recent transaction by the company’s Chief Financial Officer, Vojin Todorovic. The executive sold a total of 10,294 shares of common stock, resulting in a total value of $343,493. The shares were sold at a weighted average price of $33.3683, with individual transactions ranging from $33.33 to $33.50 per share.

This sale took place on August 29, 2024, and was executed pursuant to a Rule 10b5-1 trading plan that Todorovic had entered into on April 8, 2024. Rule 10b5-1 plans allow company insiders to set up a predetermined plan to sell company stocks, which helps them avoid accusations of insider trading.

After the reported transactions, Todorovic directly owns 90,154 shares of common stock and 13,176 shares of restricted stock in Build-A-Bear Workshop, Inc. It is common for executives to sell part of their stake in the company they manage, and such sales are often part of their personal financial and estate planning strategies.

Build-A-Bear Workshop, Inc. is known for its retail stores where customers can create their own stuffed animals. The company's stock is publicly traded, and it is headquartered in St. Louis, Missouri. Investors and analysts often monitor insider transactions for insights into a company's health and management's perspective on the stock's value.

In other recent news, Build-A-Bear Workshop, Inc. reported a 2.4% increase in its second-quarter revenue for 2024, totaling nearly $112 million. This growth was accompanied by a global expansion strategy, with new store openings in Italy, France, and the US, and plans for at least 50 additional locations within this fiscal year. Despite a decline in web demand, the company saw solid in-store sales and double-digit online sales growth. The company's gross margin improved to 54.2%, with pretax income up 10.2% at $11.5 million. These recent developments show a balanced approach to growth, including strategic store openings, digital enhancements, and seasonal product successes. The company anticipates positive momentum to continue for the remainder of the year, expecting mid-single-digit growth in total revenues and pretax income. Build-A-Bear Workshop remains focused on strategic initiatives, including global expansion, while continuing to return capital to shareholders.

InvestingPro Insights

As investors evaluate the recent insider sale by Build-A-Bear Workshop's CFO, it's essential to consider the company's current financial metrics and market performance. According to InvestingPro Data, Build-A-Bear Workshop Inc. (NYSE:BBW) has a market capitalization of $453.28 million and a Price/Earnings (P/E) ratio of 9.33, which indicates a valuation that might be appealing to value investors. The company's revenue over the last twelve months as of Q2 2025 stands at $483.37 million, with a modest revenue growth of 0.94%.

Two InvestingPro Tips that stand out for Build-A-Bear Workshop include the company's aggressive share buyback strategy and its stock trading near its 52-week high, at 96.18% of the peak. These actions suggest confidence from management in the company's value and could be a positive sign for investors. Additionally, the stock's recent returns have been noteworthy, with a significant return over the past week of 12.29% and a strong return over the last month of 20.1%.

For those looking for more in-depth analysis, there are additional InvestingPro Tips available at https://www.investing.com/pro/BBW. These tips could provide further insights into Build-A-Bear Workshop's performance and future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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