Panera Bread Co. (NASDAQ:PNRA) SVP Scott G. Blair sold 204 shares of Panera Bread stock in a transaction on Wednesday, November 9th. The stock was sold at an average price of $186.00, for a total transaction of $37,944.00. Following the sale, the senior vice president now directly owns 5,752 shares in the company, valued at approximately $1,069,872. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Scott G. Blair also recently made the following trade(s):

  • On Wednesday, August 24th, Scott G. Blair sold 202 shares of Panera Bread stock. The stock was sold at an average price of $217.95, for a total transaction of $44,025.90.
  • On Monday, August 15th, Scott G. Blair sold 306 shares of Panera Bread stock. The stock was sold at an average price of $221.38, for a total transaction of $67,742.28.

Shares of Panera Bread Co. (NASDAQ:PNRA) opened at 209.38 on Tuesday. The firm has a market capitalization of $4.87 billion, a P/E ratio of 34.82 and a beta of 0.27. The stock has a 50 day moving average price of $193.19 and a 200 day moving average price of $208.03. Panera Bread Co. has a 12-month low of $166.19 and a 12-month high of $224.15.

Panera Bread (NASDAQ:PNRA) last released its quarterly earnings data on Tuesday, October 25th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.03. The business had revenue of $684.20 million for the quarter, compared to analyst estimates of $682.04 million. Panera Bread had a return on equity of 39.44% and a net margin of 5.24%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.32 EPS. Equities analysts anticipate that Panera Bread Co. will post $6.71 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Panera Bread (NASDAQ:PNRA)

PNRA has been the topic of several recent research reports. Longbow Research raised shares of Panera Bread from a “neutral” rating to a “buy” rating and set a $239.00 target price on the stock in a research note on Monday, October 10th. Maxim Group boosted their price target on shares of Panera Bread from $230.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, September 29th. Vetr cut shares of Panera Bread from a “buy” rating to a “hold” rating and set a $226.25 price target on the stock. in a research report on Tuesday, August 23rd. RBC Capital Markets set a $250.00 price target on shares of Panera Bread and gave the company a “buy” rating in a research report on Friday, October 21st. Finally, Robert W. Baird reissued an “outperform” rating on shares of Panera Bread in a research report on Thursday, September 8th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eighteen have given a buy rating to the company. Panera Bread has a consensus rating of “Buy” and a consensus target price of $231.54.

Institutional investors have recently added to or reduced their stakes in the stock. Calvert Investment Management Inc. raised its position in Panera Bread by 0.4% in the second quarter. Calvert Investment Management Inc. now owns 1,411 shares of the company’s stock valued at $299,000 after buying an additional 5 shares during the period. Leavell Investment Management Inc. raised its position in Panera Bread by 0.3% in the third quarter. Leavell Investment Management Inc. now owns 2,397 shares of the company’s stock valued at $467,000 after buying an additional 7 shares during the period. Moody Lynn & Lieberson LLC raised its position in Panera Bread by 1.2% in the second quarter. Moody Lynn & Lieberson LLC now owns 1,822 shares of the company’s stock valued at $386,000 after buying an additional 22 shares during the period. Sandy Spring Bank raised its position in Panera Bread by 0.4% in the third quarter. Sandy Spring Bank now owns 10,210 shares of the company’s stock valued at $1,988,000 after buying an additional 40 shares during the period. Finally, Krilogy Financial LLC raised its position in Panera Bread by 8.6% in the second quarter. Krilogy Financial LLC now owns 630 shares of the company’s stock valued at $134,000 after buying an additional 50 shares during the period. 97.72% of the stock is currently owned by institutional investors and hedge funds.

Panera Bread Company Profile

Panera Bread Company (Panera) is a food service provider. Panera is a national bakery-cafe concept with approximately 1,970 Company-owned and franchise-operated bakery-cafe locations in over 45 states, the District of Columbia, and Ontario, Canada. The Company operates through three segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations.

5 Day Chart for NASDAQ:PNRA

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