A stuffed animal toy for children that emulates the awakening of the stuffed animal upon the user touching one of various locations upon the body of the stuffed animal thereby activating an appropriate pre-recorded audio message. The stuffed animal also includes a second head portion such as a Santa Claus-like head portion mounted within a recess behind the original teddy bear head portion that can be easily converted manually by a child from a first position representing the original teddy bear configuration, to a second position, representing a second configuration such as a Santa Claus head configuration for holiday seasons. Upon the manual exchange of the head portions of the stuffed animal, a switch is activated which enables a pre-recorded audio message to play through a speaker located within the stuffed animal. The audio message played corresponds to the head portion which appears on the stuffed animal after the exchange. Other reversible features like reversible hands, paws, or legs can be included as well as a rear flap, which when reversed and fastened, represents a coat or other garment corresponding to the appearance of the bear after its transformation.