2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. lessened its stake in shares of Potbelly Co. ( NASDAQ:PBPB – Free Report ) by 5.
8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 305,142 shares of the company’s stock after selling 18,924 shares during the quarter. Russell Investments Group Ltd.
owned approximately 1.02% of Potbelly worth $2,874,000 at the end of the most recent quarter. Other institutional investors have also recently made changes to their positions in the company.
FMR LLC increased its holdings in Potbelly by 1,101.9% during the 3rd quarter. FMR LLC now owns 8,678 shares of the company’s stock valued at $72,000 after purchasing an additional 7,956 shares during the period.
State Street Corp increased its stake in shares of Potbelly by 1.4% during the third quarter. State Street Corp now owns 498,915 shares of the company’s stock valued at $4,161,000 after buying an additional 7,022 shares during the period.
XTX Topco Ltd raised its holdings in shares of Potbelly by 4.8% during the third quarter. XTX Topco Ltd now owns 31,984 shares of the company’s stock valued at $267,000 after acquiring an additional 1,456 shares in the last quarter.
Barclays PLC lifted its stake in Potbelly by 247.8% in the third quarter. Barclays PLC now owns 39,780 shares of the company’s stock worth $332,000 after acquiring an additional 28,342 shares during the period.
Finally, Geode Capital Management LLC boosted its holdings in Potbelly by 3.6% in the third quarter. Geode Capital Management LLC now owns 608,336 shares of the company’s stock valued at $5,074,000 after acquiring an additional 21,188 shares in the last quarter.
Hedge funds and other institutional investors own 72.60% of the company’s stock. Potbelly Stock Performance Shares of Potbelly stock opened at $8.
01 on Friday. The business has a fifty day simple moving average of $10.24 and a two-hundred day simple moving average of $9.
90. The firm has a market capitalization of $241.68 million, a P/E ratio of 6.
41 and a beta of 1.38. The company has a current ratio of 0.
49, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06.
Potbelly Co. has a 12 month low of $6.28 and a 12 month high of $13.
48. Wall Street Analysts Forecast Growth Check Out Our Latest Report on Potbelly Insider Activity at Potbelly In other Potbelly news, major shareholder David Nierenberg bought 22,169 shares of the firm’s stock in a transaction on Friday, March 28th. The stock was acquired at an average price of $9.
36 per share, with a total value of $207,501.84. Following the completion of the purchase, the insider now owns 124,167 shares of the company’s stock, valued at approximately $1,162,203.
12. This trade represents a 21.73 % increase in their ownership of the stock.
The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . 10.20% of the stock is currently owned by corporate insiders.
Potbelly Company Profile ( Free Report ) Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.
See Also Want to see what other hedge funds are holding PBPB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Potbelly Co. ( NASDAQ:PBPB – Free Report ).
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