Potbelly Co. (NASDAQ:PBPB) SVP Jeffrey Douglas Sells 3,750 Shares

Potbelly Co. (NASDAQ:PBPB) SVP Jeffrey Douglas sold 3,750 shares of the business’s stock in a transaction dated Thursday, September 23rd. The stock was sold at an average price of $6.86, for a total value of $25,725.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Jeffrey Douglas also recently made the following trade(s):

  • On Monday, August 23rd, Jeffrey Douglas sold 3,750 shares of Potbelly stock. The shares were sold at an average price of $6.50, for a total value of $24,375.00.
  • On Friday, July 23rd, Jeffrey Douglas sold 3,750 shares of Potbelly stock. The shares were sold at an average price of $6.54, for a total value of $24,525.00.

NASDAQ:PBPB opened at $6.80 on Friday. The company has a market capitalization of $192.15 million, a PE ratio of -3.51 and a beta of 1.59. The company has a 50 day simple moving average of $6.87 and a two-hundred day simple moving average of $6.89. The company has a debt-to-equity ratio of 3.74, a quick ratio of 0.31 and a current ratio of 0.35. Potbelly Co. has a fifty-two week low of $3.30 and a fifty-two week high of $9.07.

Potbelly (NASDAQ:PBPB) last released its earnings results on Thursday, August 5th. The company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.07. Potbelly had a negative net margin of 14.92% and a negative return on equity of 385.28%. Research analysts predict that Potbelly Co. will post -0.49 EPS for the current year.

Separately, Zacks Investment Research downgraded Potbelly from a “hold” rating to a “sell” rating in a research note on Tuesday, August 10th.

A number of large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its position in Potbelly by 1.2% during the 1st quarter. Geode Capital Management LLC now owns 198,202 shares of the company’s stock valued at $1,171,000 after purchasing an additional 2,284 shares during the period. Northern Trust Corp increased its position in Potbelly by 8.4% during the 1st quarter. Northern Trust Corp now owns 41,887 shares of the company’s stock valued at $248,000 after purchasing an additional 3,245 shares during the period. Walleye Capital LLC increased its position in Potbelly by 12.2% during the 2nd quarter. Walleye Capital LLC now owns 58,003 shares of the company’s stock valued at $458,000 after purchasing an additional 6,319 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Potbelly during the 1st quarter valued at approximately $65,000. Finally, Occudo Quantitative Strategies LP bought a new position in shares of Potbelly during the 2nd quarter worth approximately $91,000.

Potbelly Company Profile

Potbelly Corp. engages in the owning and operating of sandwich restaurants. It offers toasty sandwiches, signature salads, and other fresh menu items. The company was founded in 1977 and is headquartered in Chicago, IL.

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Insider Buying and Selling by Quarter for Potbelly (NASDAQ:PBPB)

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