In a filing, Potbelly Corp revealed its 10% Owner Nierenberg David acquired Company’s shares for reported $0.21 million on Mar 28 ’25. In the deal valued at $9.36 per share,22,169 shares were bought. As a result of this transaction, Nierenberg David now holds 124,167 shares worth roughly $1.1 million.
Then, Nierenberg David bought 7,600 shares, generating $70,149 in total proceeds. Upon buying the shares at $9.23, the 10% Owner now owns 101,998 shares.
Before that, Nierenberg David bought 4,740 shares. Potbelly Corp shares valued at $44,367 were divested by the 10% Owner at a price of $9.36 per share. As a result of the transaction, Nierenberg David now holds 3,150 shares, worth roughly $27783.0.
The Benchmark Company upgraded its Potbelly Corp [PBPB] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Craig Hallum began covering PBPB with “Buy” recommendation on October 17, 2023. The Benchmark Company started covering the stock on October 03, 2023. It rated PBPB as “a Hold”.
Price Performance Review of PBPB
On Friday, Potbelly Corp [NASDAQ:PBPB] saw its stock fall -6.27% to $8.82. Over the last five days, the stock has lost -5.57%. Potbelly Corp shares have fallen nearly -6.37% since the year began. Nevertheless, the stocks have fallen -18.56% over the past one year. While a 52-week high of $13.48 was reached on 02/05/25, a 52-week low of $6.28 was recorded on 04/04/25. SMA at 50 days reached $11.20, while 200 days put it at $9.16.
Levels Of Support And Resistance For PBPB Stock
The 24-hour chart illustrates a support level at 8.60, which if violated will result in even more drops to 8.39. On the upside, there is a resistance level at 9.10. A further resistance level may holdings at 9.39. The Relative Strength Index (RSI) on the 14-day chart is 34.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.90%. Stochastics %K at 53.05% indicates the stock is a holding.
How much short interest is there in Potbelly Corp?
A steep rise in short interest was recorded in Potbelly Corp stocks on 2025-03-14, growing by 0.53 million shares to a total of 1.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.76 million shares. There was a rise of 41.03%, which implies that there is a positive sentiment for the stock.
