Noodles & Company (NASDAQ:NDLS) enjoyed a 56.85% run-up in share price since hitting record low of $3.16. The stock managed 5.32% rise and now stands at $4.95 as of 11/15/2017. At recent session, the prices were hovering between $4.6 and $5.049. This company shares are -5.66% up from its target price of $4.67 and the current market capitalization stands at $196.51M. The recent change has given its price a 11.61% lead over SMA 50 and -17.5% deficit over its 52-week high. The stock witnessed 7.61% gains, 33.78% gains and 8.79% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NDLS’s volatility during a week at 8.94% and during a month it has been found around 4.89%.Noodles & Company (NDLS) Top Holders
Institutional investors currently hold around $126 million or 90.1% in NDLS stock. Look at its top three institutional owners. Catterton Management Company, L.L.C. owns $52.2 million in Noodles & Company, which represents roughly 26.57% of the company’s market cap and approximately 41.43% of the institutional ownership. Similar statistics are true for the second largest owner, Public Sector Pension Investment Board, which owns 6,744,760 shares of the stock are valued at $31.7 million. The third largest holder is Fmr Llc, which currently holds $18.52 million worth of this stock and that ownership represents nearly 9.43% of its market capitalization.Noodles & Company 13F Filings
At the end of 09/30/2017 reporting period, 28 institutional holders increased their position in Noodles & Company (NASDAQ:NDLS) by some 790,222 shares, 26 decreased positions by 796,572 and 17 held positions by 25,291,776. That puts total institutional holdings at 26,878,570 shares, according to SEC filings. The stock grabbed 4 new institutional investments totaling 31,604 shares while 7 institutional investors sold out their entire positions totaling 414,064 shares.
Multiple company employees have indulged in significant insider trading. Noodles & Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Hartnett Robert M. has acquired 72,000 shares of Noodles & Company (NDLS) in trading session dated Jun. 15, 2017. These shares are worth $255,600 and were traded at $3.55 each. The SEC filing shows that Reddy Kevin Michael performed a purchase of 5,000 shares. The CEO added these shares by way of transaction on Feb. 27, 2015. The company’s shares were assimilated at $18.4 per share worth to an investment of some $92,000 on account of Reddy Kevin Michael.
Vice President & Controller, Lockhart Kathryn Rae, sold 4,500 common shares of Noodles & Company (NDLS) in the open market. In a transaction dated Dec. 02, 2014, the shares were put up for sale at an average price of $24.77, raking in a sum of $111,465. After this sale, 250 common shares of NDLS are directly owned by the insider, with total stake valued at $1,238.
In the transaction dated Nov. 19, 2014, the great number of shares disposed came courtesy the CFO; Boennighausen David James disposed a total of 10,000 shares at an average price of $22.64, amounting to approximately $226,400. The insider now directly owns 1,500 shares worth $7,425.Noodles & Company (NDLS) Analyst Guide
Several analysts have released their opinion on Noodles & Company (NASDAQ:NDLS), with 0 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 1 strong sell ratings, collectively assigning a 3.43 average brokerage recommendation.