Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Potbelly Corp shares valued at $207,502 were purchased by Nierenberg David on Mar 28 ’25. At $9.36 per share, Nierenberg David acquired 22,169 shares. The insider’s holdings grew to 124,167 shares worth approximately $1.59 million following the completion of this transaction.
Also, Nierenberg David purchased 7,600 shares, netting a total of over 70,149 in proceeds. Following the buying of shares at $9.23 each, the insider now holds 101,998 shares.
Before that, Nierenberg David had added 4,740 shares to its account. In a trade valued at $44,367, the 10% Owner bought Potbelly Corp shares for $9.36 each. Upon closing the transaction, the insider’s holdings increased to 4,740 shares, worth approximately $40225.5.
As published in a research note from The Benchmark Company on January 12, 2024, Potbelly Corp [PBPB] has been rated up from a Hold to a Buy and the price target has been revised to $15. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in late October. As of October 17, 2023, Craig Hallum has initiated its “Buy” rating for PBPB. Earlier on October 03, 2023, The Benchmark Company initiated its rating. Their recommendation was “a Hold” for PBPB stock.
Analyzing PBPB Stock Performance
On last trading session, Potbelly Corp [NASDAQ: PBPB] rose 2.08% to $12.77. The stock’s lowest price that day was $12.43, but it reached a high of $12.865 in the same session. During the last five days, there has been a surge of approximately 7.67%. Over the course of the year, Potbelly Corp shares have jumped approximately 63.09%. Shares of the company reached a 52-week high of $13.48 on 02/05/25 and a 52-week low of $7.60 on 04/21/25.
Support And Resistance Levels for Potbelly Corp (PBPB)
According to the 24-hour chart, there is a support level at 12.51, which, if violated, would cause prices to drop to 12.25. In the upper region, resistance lies at 12.95. The next price resistance is at 13.12. RSI (Relative Strength Index) is 73.36 on the 14-day chart, showing overbought technical sentiment.
Is Potbelly Corp subject to short interest?
Stocks of Potbelly Corp saw a sharp rise in short interest on 2025-06-13 jumping by 0.17 million shares to 1.14 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.97 million shares. A jump of 14.96% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 7.0 of the overall float, the days-to-cover ratio (short ratio) jumped to 7.0.
