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

Barclays PLC lifted its holdings in Potbelly Co. (NASDAQ:PBPB - Free Report) by 247.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,780 shares of the company's stock after purchasing an additional 28,342 shares during the quarter. Barclays PLC owned 0.13% of Potbelly worth $332,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PBPB. Bank of New York Mellon Corp increased its holdings in Potbelly by 9.0% during the second quarter. Bank of New York Mellon Corp now owns 85,048 shares of the company's stock worth $683,000 after buying an additional 7,012 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of Potbelly by 21.6% in the second quarter. Rhumbline Advisers now owns 35,146 shares of the company's stock valued at $282,000 after purchasing an additional 6,239 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Potbelly by 14.6% in the second quarter. Victory Capital Management Inc. now owns 66,500 shares of the company's stock valued at $534,000 after purchasing an additional 8,484 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Potbelly by 7.7% in the second quarter. American Century Companies Inc. now owns 55,969 shares of the company's stock valued at $449,000 after purchasing an additional 3,999 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Potbelly in the second quarter valued at $137,000. 72.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Potbelly

In other Potbelly news, major shareholder David Nierenberg bought 7,600 shares of Potbelly stock in a transaction dated 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 transaction, the insider now owns 101,998 shares in the company, valued at $941,441.54. The trade was a 8.05 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 9.10% of the company's stock.

Potbelly Stock Performance

Shares of NASDAQ:PBPB traded up $0.14 on Monday, hitting $10.49. The company had a trading volume of 194,780 shares, compared to its average volume of 102,120. Potbelly Co. has a 1-year low of $6.28 and a 1-year high of $14.36. The stock has a market cap of $314.07 million, a price-to-earnings ratio of 8.39 and a beta of 1.32. The stock has a 50 day moving average price of $9.82 and a 200 day moving average price of $8.50. The company has a current ratio of 0.49, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06.

About Potbelly

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.