Barclays PLC Acquires 28,342 Shares of Potbelly Co. (NASDAQ:PBPB)

Barclays PLC grew its holdings in shares of Potbelly Co. (NASDAQ:PBPB) by 247.8% in the third quarter, Holdings Channel.com reports. The firm owned 39,780 shares of the company’s stock after buying an additional 28,342 shares during the period. Barclays PLC’s holdings in Potbelly were worth $332,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in Potbelly by 3.6% in the 3rd quarter. Geode Capital Management LLC now owns 608,336 shares of the company’s stock worth $5,074,000 after buying an additional 21,188 shares during the period. Hodges Capital Management Inc. boosted its holdings in shares of Potbelly by 29.4% in the third quarter. Hodges Capital Management Inc. now owns 380,015 shares of the company’s stock worth $3,169,000 after acquiring an additional 86,445 shares during the period. XTX Topco Ltd raised its stake in shares of Potbelly by 4.8% during the 3rd quarter. XTX Topco Ltd now owns 31,984 shares of the company’s stock valued at $267,000 after purchasing an additional 1,456 shares during the period. State Street Corp raised its stake in shares of Potbelly by 1.4% during the 3rd quarter. State Street Corp now owns 498,915 shares of the company’s stock valued at $4,161,000 after purchasing an additional 7,022 shares during the period. Finally, Quarry LP lifted its holdings in Potbelly by 662.9% during the 3rd quarter. Quarry LP now owns 10,925 shares of the company’s stock worth $91,000 after purchasing an additional 9,493 shares in the last quarter. Hedge funds and other institutional investors own 72.60% of the company’s stock.

Potbelly Stock Up 1.4 %

PBPB stock opened at $10.49 on Monday. The stock has a 50-day simple moving average of $9.82 and a two-hundred day simple moving average of $8.50. Potbelly Co. has a twelve month low of $6.28 and a twelve month high of $14.36. The firm has a market capitalization of $314.04 million, a PE ratio of 8.39 and a beta of 1.32. The company has a quick ratio of 0.43, a current ratio of 0.49 and a debt-to-equity ratio of 0.06.

Insider Activity at Potbelly

In other Potbelly news, major shareholder David Nierenberg acquired 7,600 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The stock was bought at an average price of $9.23 per share, with a total value of $70,148.00. Following the completion of the purchase, the insider now owns 101,998 shares of the company’s stock, valued at approximately $941,441.54. This represents a 8.05 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 9.10% of the stock is owned by corporate insiders.

Potbelly Company Profile

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.