Potbelly (PBPB) – Research Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Potbelly (NASDAQ: PBPB):

• 3/20/2025 – Potbelly had its “market perform” rating reaffirmed by analysts at William Blair.
• 3/18/2025 – Potbelly was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 3/7/2025 – Potbelly had its “market perform” rating reaffirmed by analysts at William Blair.
• 3/7/2025 – Potbelly had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $16.00 price target on the stock.

Potbelly Stock Down 0.9 %

PBPB opened at $9.17 on Friday. The firm’s 50-day simple moving average is $11.46 and its 200-day simple moving average is $9.76. The firm has a market cap of $274.00 million, a price-to-earnings ratio of 7.34 and a beta of 1.50. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.49. Potbelly Co. has a twelve month low of $6.28 and a twelve month high of $13.48.

Insider Buying and Selling

In other Potbelly news, major shareholder David Nierenberg bought 7,600 shares of the business’s stock in a transaction on Tuesday, January 7th. The shares were bought at an average cost of $9.23 per share, for a total transaction of $70,148.00. Following the transaction, the insider now owns 101,998 shares in the company, valued at approximately $941,441.54. This trade represents a 8.05 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.10% of the stock is owned by corporate insiders.

Institutional Trading of Potbelly

Institutional investors and hedge funds have recently modified their holdings of the stock. Aquatic Capital Management LLC acquired a new position in Potbelly during the fourth quarter valued at approximately $27,000. State of Wyoming increased its position in shares of Potbelly by 14.3% in the 4th quarter. State of Wyoming now owns 7,012 shares of the company’s stock valued at $66,000 after buying an additional 876 shares in the last quarter. FMR LLC raised its stake in Potbelly by 1,101.9% during the 3rd quarter. FMR LLC now owns 8,678 shares of the company’s stock worth $72,000 after buying an additional 7,956 shares during the period. Price T Rowe Associates Inc. MD acquired a new position in Potbelly in the fourth quarter valued at about $98,000. Finally, Quarry LP grew its stake in Potbelly by 662.9% in the third quarter. Quarry LP now owns 10,925 shares of the company’s stock valued at $91,000 after acquiring an additional 9,493 shares during the period. 72.60% of the stock is owned by institutional investors.

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.