Analyst Downgrades – Potbelly Corporation (NASDAQ:PBPB) Stock Gets Downgraded By Maxim Group from Buy to Hold

ME Staff
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Analyst Ratings For Potbelly Corporation (NASDAQ:PBPB)

Today, Potbelly Corporation (NASDAQ:PBPB) stock was downgraded by Maxim Group from Buy to Hold with a price target of $13.00.

There are 3 hold ratings on the stock.

The current consensus rating on Potbelly Corporation (NASDAQ:PBPB) is Hold (Score: 2.00) with a consensus target price of $13.00 per share, a potential 2.77% upside.

Some recent analyst ratings include

  • 7/21/2017-Maxim Group was Downgraded by analysts at Maxim Group from a “Buy ” rating to a ” Hold” rating. They now have a $13.00 price target on the stock.
  • 5/3/2017-William Blair was Downgraded by analysts at William Blair from a “Outperform ” rating to a ” Market Perform” rating.
  • 9/8/2016-Robert W. Baird Reiterated Rating of Neutral.
  • 3/3/2016-Piper Jaffray Companies Upgrade from a “Underweight ” rating to a ” Neutral” rating.
  • 11/16/2015-Sidoti initiated coverage with a Buy rating.

Recent Insider Trading Activity For Potbelly Corporation (NASDAQ:PBPB)
Potbelly Corporation (NASDAQ:PBPB) has insider ownership of 9.60% and institutional ownership of 74.19%.

  • On 5/8/2017 Peter A Bassi, Director, bought 8,650 with an average share price of $11.47 per share and the total transaction amounting to $99,215.50. View SEC Filing
  • On 2/17/2017 Anne Ewing, Insider, sold 25,000 with an average share price of $13.56 per share and the total transaction amounting to $339,000.00. View SEC Filing
  • On 1/6/2017 Matthew J Revord, SVP, sold 10,000 with an average share price of $13.13 per share and the total transaction amounting to $131,300.00. View SEC Filing
  • On 11/7/2016 Matthew J Revord, SVP, sold 10,000 with an average share price of $12.43 per share and the total transaction amounting to $124,300.00. View SEC Filing
  • On 9/30/2016 Matthew J Revord, SVP, sold 20,000 with an average share price of $12.42 per share and the total transaction amounting to $248,400.00. View SEC Filing
  • On 8/10/2016 Matthew J Revord, SVP, sold 20,000 with an average share price of $12.85 per share and the total transaction amounting to $257,000.00. View SEC Filing
  • On 7/1/2016 Matthew J Revord, SVP, sold 30,000 with an average share price of $12.46 per share and the total transaction amounting to $373,800.00. View SEC Filing

Recent Trading Activity for Potbelly Corporation (NASDAQ:PBPB)
Shares of Potbelly Corporation closed the previous trading session at 12.65 up +0.10 0.80% with 180,822 shares trading hands.