NDLSNasdaqRetail-Eating PlacesFiscal year ends December 29
NOODLES & Co
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 24, 2026
$13.84−0.13 (-0.93%)
Close on Oct 19, 2026
- Market cap
- $82.03M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
33.3%
2M of 6M shares
Institutional holders
37
9 new, 2 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Daniel Mack | 553,746 | 9.46% | 13G (passive) amendment | Mar 31, 2026 |
| Galloway Capital Partners, LLC | 512,800 | 8.78% | 13D (active) | Feb 23, 2025 |
| David E. Park III | 4,296,576 | 9.50% | 13D (active) amendment | Jun 28, 2024 |
| James M. Hoak Jr. | 3,900,000 | 8.60% | 13D (active) amendment | Jun 6, 2024 |
| Galloway Capital, LP | 2,809,600 | 6.01% | 13D (active) amendment | Dec 1, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NDLS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Nantahala Capital Management, LLC | 1,107,492 | 18.56% | $16.56M | +553,746 | 0.28% |
| Vanguard Capital Management LLC | 218,589 | 3.66% | $3.27M | −12,138 | 0.00% |
| Assenagon Asset Management S.A. | 110,382 | 1.85% | $1.65M | New | 0.00% |
| Jane Street Group, LLC | 91,296 | 1.53% | $1.36M | +29,576 | 0.00% |
| BlackRock, Inc. | 75,595 | 1.27% | $1.13M | +13,337 | 0.00% |
| Citadel Advisors LLC | 62,397 | 1.05% | $932.84K | +42,225 | 0.00% |
| Goldman Sachs Group Inc | 55,949 | 0.94% | $836.44K | New | 0.00% |
| Geode Capital Management, LLC | 50,145 | 0.84% | $749.87K | −4,670 | 0.00% |
| Renaissance Technologies LLC | 35,480 | 0.59% | $530.43K | +22,134 | 0.00% |
| Vanguard Fiduciary Trust Co | 28,805 | 0.48% | $430.64K | +3,681 | 0.00% |
| Centiva Capital, LP | 27,297 | 0.46% | $408.09K | +2,374 | 0.00% |
| State Street Corp | 22,743 | 0.38% | $340.01K | – | 0.00% |
| Quadrature Capital Ltd | 19,889 | 0.33% | $297.34K | +2,006 | 0.00% |
| Two Sigma Investments, LP | 17,984 | 0.30% | $268.86K | New | 0.00% |
| Quinn Opportunity Partners LLC | 15,125 | 0.25% | $226.12K | New | 0.01% |
| XTX Topco Ltd | 12,043 | 0.20% | $180.04K | New | 0.00% |
| Virtu Financial LLC | 11,442 | 0.19% | $171 | New | 0.01% |
| Northern Trust Corp | 10,267 | 0.17% | $153.49K | New | 0.00% |
| Barclays PLC | 7,296 | 0.12% | $109.08K | +25 | 0.00% |
| Morgan Stanley | 2,745 | 0.05% | $41.04K | −58 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 37 | 2M | 33.3% | 9 / 13 | 8 / 2 | 1M | 0M |
| Q1 2026 | 30 | 1M | 18.7% | 30 / 0 | 0 / 0 | 1M | 0M |
| Q3 2014 | 0 | 0M | 0.0% | 0 / 0 | 0 / 1 | 0M | 0M |
| Q2 2014 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q1 2014 | 1 | 0M | 0.0% | 1 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NDLS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 164,027 | 2.75% | $2.45M | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 48,798 | 0.82% | $729.53K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 23,429 | 0.39% | $295.21K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 12,518 | 0.21% | $187.14K | 0.01% | Jun 30, 2026 |
| Fidelity Total Market Index Fund | 7,806 | 0.13% | $98.36K | 0.00% | May 31, 2026 |
| Ultra-Small Company Market Fund | 7,044 | 0.12% | $105.31K | 0.07% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 6,539 | 0.11% | $82.39K | 0.00% | May 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 4,393 | 0.07% | $55.35K | 0.00% | May 31, 2026 |
| Vanguard Institutional Total Stock Market Index Fund | 3,504 | 0.06% | $52.38K | 0.00% | Jun 30, 2026 |
| Vanguard Balanced Index Fund | 2,395 | 0.04% | $35.81K | 0.00% | Jun 30, 2026 |
| 1290 VT Micro Cap Portfolio | 819 | 0.01% | $12.24K | 0.01% | Jun 30, 2026 |
| Knights of Columbus U.S. ALL CAP INDEX FUND | 30 | 0.00% | $552 | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Joseph Christina | CEO and President, Director | 80,223 | 1.34% | Sep 1, 2026 |
| Michael Hynes | Chief Financial Officer | 32,721 | 0.55% | Jul 27, 2026 |
| Corey Kline | EVP - Technology | 10,120 | 0.17% | May 19, 2026 |
| Kathryn Rae Lockhart | Chief Accounting Officer | 19,497 | 0.33% | May 19, 2026 |
| Scott Gregory Davis | Chief Concept Officer | 118,595 | 1.99% | May 19, 2025 |
| Thomas B. West | Chief Operating Officer | 188,959 | 3.17% | May 19, 2025 |
| Shawn A. Taylor | Director | 22,238 | 0.37% | May 19, 2026 |
| Britain Peakes | Director | 14,743 | 0.25% | May 19, 2026 |
| Andrew H. Madsen | Director | 37,526 | 0.63% | May 19, 2026 |
| Thomas E. Lynch | Director, 10% owner | 7,044,273 | 118.06% | May 19, 2026 |
| Jeffrey W. Jones | Director | 40,706 | 0.68% | May 19, 2026 |
| Elisa Schreiber | Director | 22,184 | 0.37% | May 19, 2026 |
| Mary Egan | Director | 132,439 | 2.22% | Jun 3, 2025 |
| Robert M. Hartnett | Director | 220,085 | 3.69% | May 19, 2025 |
| Road Capital III GP LLC Mill | 10% owner | 6,769,191 | 113.45% | May 19, 2026 |
| Mill Road Capital III, L.P. | 10% owner | 7,080,273 | 118.66% | May 19, 2026 |
| Mill Road Capital II, L.P. | 10% owner | 2,318,098 | 38.85% | May 19, 2026 |
| Road Capital II GP LLC Mill | 10% owner | 892,136 | 14.95% | May 19, 2026 |
| Stephen B. Kennedy | – | 74,000 | 1.24% | May 19, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Joseph Christina CEO and President, Director | Aug 31, 2026 | Tax withholding | −1,903 | $14.36 | $27.33K | 80,223 |
| Michael Hynes Chief Financial Officer | Jul 24, 2026 | Tax withholding | −544 | $15.36 | $8.36K | 32,721 |
| Jeffrey W. Jones Director | May 15, 2026 | Award | +10,655 | – | – | 40,706 |
| Elisa Schreiber Director | May 15, 2026 | Award | +7,103 | – | – | 22,184 |
| Andrew H. Madsen Director | May 15, 2026 | Award | +7,103 | – | – | 37,526 |
| Michael Hynes Chief Financial Officer | May 15, 2026 | Award | +12,628 | – | – | 33,265 |
| Michael Hynes Chief Financial Officer | May 15, 2026 | Tax withholding | −853 | $12.59 | $10.74K | 20,637 |
| Corey Kline EVP - Technology | May 15, 2026 | Tax withholding | −416 | $12.59 | $5.24K | 10,120 |
| Corey Kline EVP - Technology | May 15, 2026 | Award | +4,735 | – | – | 14,855 |
| Road Capital II GP LLC Mill 10% owner | May 15, 2026 | Other | +7,103 | – | – | 21,476 |
| Shawn A. Taylor Director | May 15, 2026 | Award | +7,103 | – | – | 22,238 |
| Kathryn Rae Lockhart Chief Accounting Officer | May 15, 2026 | Award | +4,735 | – | – | 13,423 |
| Kathryn Rae Lockhart Chief Accounting Officer | May 15, 2026 | Tax withholding | −416 | $12.59 | $5.24K | 8,688 |
| Joseph Christina CEO and President, Director | May 15, 2026 | Award | +32,359 | – | – | 82,126 |
| Britain Peakes Director | May 15, 2026 | Award | +7,103 | – | – | 14,743 |
| Corey Kline EVP - Technology | Mar 14, 2026 | Tax withholding | −192 | $6.11 | $1.17K | 10,536 |
| Kathryn Rae Lockhart Chief Accounting Officer | Mar 14, 2026 | Tax withholding | −192 | $6.11 | $1.17K | 9,104 |
| Andrew H. Madsen Director | Mar 6, 2026 | Tax withholding | −2,111 | $5.99 | $12.64K | 30,423 |
| Joseph Christina CEO and President, Director | Feb 24, 2026 | Tax withholding | −1,483 | $5.34 | $7.92K | 49,767 |
| Joseph Christina CEO and President, Director | Aug 31, 2025 | Award | +250,000 | – | – | 410,000 |
| Michael Hynes Chief Financial Officer | Jul 24, 2025 | Tax withholding | −4,323 | $0.95 | $4.11K | 171,917 |
| Mary Egan Director | May 15, 2025 | Award | +36,000 | – | – | 132,439 |
| Robert M. Hartnett Director | May 15, 2025 | Award | +36,000 | – | – | 220,085 |
| Michael Hynes Chief Financial Officer | May 15, 2025 | Award | +64,000 | – | – | 176,240 |
| Michael Hynes Chief Financial Officer | May 15, 2025 | Tax withholding | −2,908 | $0.86 | $2.50K | 112,240 |
| Stephen B. Kennedy – | May 15, 2025 | Award | +24,000 | – | – | 74,000 |
| Scott Gregory Davis Chief Concept Officer | May 15, 2025 | Award | +24,000 | – | – | 118,595 |
| Shawn A. Taylor Director | May 15, 2025 | Award | +36,000 | – | – | 121,078 |
| Mill Road Capital III, L.P. 10% owner | May 15, 2025 | Other | +36,000 | – | – | 114,982 |
| Britain Peakes Director | May 15, 2025 | Award | +36,000 | – | – | 61,113 |
| Andrew H. Madsen Chief Executive Officer, Director | May 15, 2025 | Award | +166,500 | – | – | 493,167 |
| Kathryn Rae Lockhart Chief Accounting Officer | May 15, 2025 | Tax withholding | −1,278 | $0.86 | $1.10K | 50,366 |
| Kathryn Rae Lockhart Chief Accounting Officer | May 15, 2025 | Award | +24,000 | – | – | 74,366 |
| Corey Kline EVP - Technology | May 15, 2025 | Award | +24,000 | – | – | 85,826 |
| Corey Kline EVP - Technology | May 15, 2025 | Tax withholding | −1,278 | $0.86 | $1.10K | 61,826 |
| Elisa Schreiber Director | May 15, 2025 | Award | +36,000 | – | – | 120,647 |
| Jeffrey W. Jones Director | May 15, 2025 | Award | +54,000 | – | – | 240,407 |
| Thomas B. West Chief Operating Officer | May 15, 2025 | Tax withholding | −3,297 | $0.86 | $2.84K | 188,959 |
| Kathryn Rae Lockhart Chief Accounting Officer | Mar 14, 2025 | Tax withholding | −1,883 | $1.11 | $2.09K | 51,644 |
| Thomas B. West Chief Operating Officer | Mar 14, 2025 | Tax withholding | −5,791 | $1.11 | $6.43K | 192,256 |
| Corey Kline EVP - Technology | Mar 14, 2025 | Tax withholding | −1,883 | $1.11 | $2.09K | 63,104 |
| Joseph Christina President and COO | Mar 10, 2025 | Award | +160,000 | – | – | 160,000 |
| Andrew H. Madsen Chief Executive Officer, Director | Mar 6, 2025 | Tax withholding | −16,888 | $1.25 | $21.11K | 326,667 |
| Stephen B. Kennedy – | Nov 18, 2024 | Award | +50,000 | – | – | 50,000 |
| Scott Gregory Davis Chief Concept Officer | Aug 14, 2024 | Award | +94,595 | – | – | 94,595 |
| Michael Hynes Chief Financial Officer | Jul 24, 2024 | Tax withholding | −4,328 | $1.66 | $7.18K | 115,148 |
| Britain Peakes Director | Jun 10, 2024 | Award | +24,774 | – | – | 25,113 |
| Robert M. Hartnett Director | May 15, 2024 | Award | +27,027 | – | – | 184,085 |
| Michael Hynes Chief Financial Officer | May 15, 2024 | Award | +48,048 | – | – | 119,476 |
| Corey Kline EVP - Technology | May 15, 2024 | Award | +15,015 | – | – | 64,987 |
| Thomas B. West Chief Operating Officer | May 15, 2024 | Award | +48,048 | – | – | 198,047 |
| Elisa Schreiber Director | May 15, 2024 | Award | +27,027 | – | – | 84,647 |
| Shawn A. Taylor Director | May 15, 2024 | Award | +27,027 | – | – | 85,078 |
| Kathryn Rae Lockhart Chief Accounting Officer | May 15, 2024 | Award | +15,015 | – | – | 53,527 |
| Mary Egan Director | May 15, 2024 | Award | +27,027 | – | – | 96,439 |
| Melissa Heidman EVP & General Counsel | May 15, 2024 | Award | +42,042 | – | – | 153,892 |
| Jeffrey W. Jones Director | May 15, 2024 | Award | +40,540 | – | – | 186,407 |
| Thomas E. Lynch Director, 10% owner | May 15, 2024 | Other | +27,027 | – | – | 78,982 |
| Sue Petersen EVP-Inclusion, Divers, People | Mar 14, 2024 | Award | +1,915 | – | – | 52,398 |
| Sue Petersen EVP-Inclusion, Divers, People | Mar 14, 2024 | Tax withholding | −2,936 | $1.80 | $5.28K | 50,483 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.