Top 5 Stock Picks of Cannell Capital

In this article, we discuss the top 5 stock picks of Cannell Capital. If you want to read our detailed analysis of the fund’s history, investment philosophy, and hedge fund performance, go directly to Top 10 Stock Picks of Cannell Capital.

5. Build-A-Bear Workshop, Inc. (NYSE:BBW)

Cannell Capital’s Stake Value: $30,532,000
Percentage of Cannell Capital’s Portfolio: 4.61%
Number of Hedge Fund Holders: 19

Build-A-Bear Workshop, Inc. (NYSE:BBW) is a multi-channel retailer of stuffed toys and related items. As of January 29, 2022, Build-A-Bear Workshop, Inc. (NYSE:BBW) has 346 stores in operation, including 305 in the US and Canada, 41 in the UK and Ireland, and 72 franchised locations throughout other countries.

Build-A-Bear Workshop, Inc. (NYSE:BBW) was Cannell Capital’s fifth-largest holding at the end of Q1 2022, after increasing its position by 30%. The hedge fund first acquired Build-A-Bear Workshop, Inc. (NYSE:BBW) shares in the fourth quarter of 2012, paying an average price of $3.82 per share. Cannell Capital was the leading shareholder of Build-A-Bear Workshop, Inc. (NYSE:BBW), with 1.67 million shares worth over $30.53 million.

The number of hedge funds tracked by Insider Monkey having stakes in Build-A-Bear Workshop, Inc. (NYSE:BBW) grew to 19 in Q1 from 13 in the preceding quarter. As a result, the hedge funds’ collective net ownership increased by more than $13.77 million to $66.18 million.