Papa Johns International Inc (PZZA) shareholders
PZZANasdaqRetail-Eating PlacesFiscal year ends December 27
Financials through Q3 FY2026, quarter ended Sep 27, 2026Last filing: 10-Q on Nov 5, 2026Score 13/3036% below fair value
$19.16−0.03 (-0.16%)
Close on Nov 12, 2026Market cap $630.78MP/E 25.5Yield 9.60%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
38M of 33M shares
Institutional holders
258
49 new, 33 sold out
Net institutional buying
4M
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 |
|---|---|---|---|---|
| BlackRock, Inc. | 4,702,444 | 14.40% | 13G (passive) amendment | Jun 30, 2025 |
| Earnest Partners LLC | 2,890,502 | 8.80% | 13G (passive) amendment | Jun 30, 2026 |
| Brandes Investment Partners, LP | 2,633,585 | 8.00% | 13G (passive) | Mar 31, 2026 |
| Managed Account Advisors LLC | 2,158,609 | 6.60% | 13G (passive) | Jun 30, 2026 |
| Norbel Investments, S.L. | 1,659,574 | 5.04% | 13G (passive) | Oct 19, 2026 |
| Vanguard Capital Management | 1,653,249 | 5.02% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PZZA | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,958,259 | 15.06% | $182.32M | +138,401 | 0.00% |
| Earnest Partners LLC | 2,890,502 | 8.78% | $106.28M | +988,308 | 0.38% |
| Brandes Investment Partners, LP | 2,730,683 | 8.29% | $100.41M | +97,879 | 0.70% |
| Bank Of America Corp /De/ | 2,262,335 | 6.87% | $83.19M | +783,237 | 0.01% |
| Vanguard Portfolio Management LLC | 1,961,550 | 5.96% | $72.13M | +55,435 | 0.00% |
| Sei Investments Co | 1,648,417 | 5.01% | $60.61M | +569,145 | 0.05% |
| Irth Capital Management LP | 1,628,503 | 4.95% | $59.88M | – | 100.00% |
| Vanguard Capital Management LLC | 1,469,356 | 4.46% | $54.03M | +64,968 | 0.00% |
| State Street Corp | 1,306,936 | 3.97% | $48.06M | +63,464 | 0.00% |
| Quinn Opportunity Partners LLC | 999,036 | 3.03% | $36.73M | −75,615 | 1.70% |
| Geode Capital Management, LLC | 884,291 | 2.69% | $32.52M | +47,579 | 0.00% |
| Segall Bryant & Hamill, LLC | 797,350 | 2.42% | $29.32M | −23,964 | 0.35% |
| Greenhouse Funds LLLP | 740,311 | 2.25% | $27.22M | +194,295 | 1.39% |
| Dimensional Fund Advisors LP | 602,491 | 1.83% | $22.15M | −23,861 | 0.00% |
| Jones Financial Companies Lllp | 521,003 | 1.58% | $19.17M | +273,039 | 0.01% |
| Charles Schwab Investment Management Inc | 509,716 | 1.55% | $18.74M | +38,773 | 0.00% |
| Natixis Advisors, L.P. | 505,453 | 1.54% | $18.59M | +257,705 | 0.02% |
| Susquehanna International Group, Llp | 503,452 | 1.53% | $18.51M | −16,425 | 0.00% |
| Boothbay Fund Management, LLC | 495,327 | 1.50% | $18.21M | +3,644 | 0.24% |
| Balyasny Asset Management L.P. | 477,286 | 1.45% | $17.55M | +415,669 | 0.02% |
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 | 258 | 38M | 100.0% | 49 / 93 | 75 / 33 | 6M | 2M |
| Q1 2026 | 248 | 34M | 100.0% | 47 / 96 | 66 / 60 | 10M | 8M |
| Q4 2025 | 266 | 35M | 100.0% | 50 / 89 | 100 / 52 | 4M | 6M |
| Q3 2025 | 272 | 37M | 100.0% | 43 / 91 | 93 / 50 | 4M | 4M |
| Q2 2025 | 282 | 36M | 100.0% | 64 / 91 | 92 / 45 | 5M | 8M |
| Q1 2025 | 265 | 39M | 100.0% | 65 / 90 | 78 / 54 | 6M | 8M |
| Q4 2024 | 257 | 41M | 100.0% | 47 / 93 | 81 / 58 | 7M | 7M |
| Q3 2024 | 270 | 42M | 100.0% | 70 / 88 | 82 / 41 | 13M | 6M |
| Q2 2024 | 242 | 40M | 100.0% | 43 / 90 | 80 / 78 | 12M | 11M |
| Q1 2024 | 279 | 39M | 100.0% | 47 / 109 | 84 / 38 | 4M | 4M |
| Q4 2023 | 272 | 40M | 100.0% | 45 / 78 | 113 / 40 | 4M | 4M |
| Q3 2023 | 269 | 40M | 100.0% | 53 / 117 | 75 / 43 | 8M | 4M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
210 funds held PZZA in Q2 2026, 72% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of PZZA | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,982,680 | 6.02% | $72.90M | 0.07% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,033,807 | 3.14% | $38.01M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 866,863 | 2.63% | $31.87M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 753,817 | 2.29% | $27.72M | 0.01% | Jun 30, 2026 |
| Brandes Small Cap Value Fund | 482,794 | 1.47% | $17.75M | 2.79% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 477,992 | 1.45% | $17.58M | 0.03% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 380,785 | 1.16% | $14.00M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 363,912 | 1.11% | $10.88M | 0.03% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 302,060 | 0.92% | $11.11M | 0.07% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 285,886 | 0.87% | $10.51M | 0.07% | Jun 30, 2026 |
| Sbh Small Cap Value Fund | 173,123 | 0.53% | $6.37M | 1.42% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 170,290 | 0.52% | $5.83M | 0.01% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 167,964 | 0.51% | $5.75M | 0.03% | May 31, 2026 |
| Heartland Value Fund | 160,000 | 0.49% | $5.88M | 0.50% | Jun 30, 2026 |
| Schwab U.S. Small-Cap ETF | 156,650 | 0.48% | $5.36M | 0.02% | May 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 |
|---|---|---|---|---|
| Todd Allan Penegor | President & CEO, Director | 196,034 | 0.60% | Aug 3, 2026 |
| John Kevin Vasconi | Chief Digital & Tech Officer | 42,057 | 0.13% | Sep 10, 2026 |
| Caroline Miller Oyler | Chief Administrative Officer | 65,435 | 0.20% | Jun 9, 2026 |
| Ravi Thanawala | CFO & President, North America | 87,306 | 0.27% | Mar 26, 2026 |
| Christopher K. Collins | SVP Corp Finance & PAO | 18,203 | 0.06% | Mar 3, 2026 |
| Joseph Sieve | Chief Restaurant & Development | 16,651 | 0.05% | Nov 7, 2025 |
| Sonya E. Medina | Director | 24,174 | 0.07% | Jun 1, 2026 |
| John W. Garratt | Director | 11,897 | 0.04% | Jun 1, 2026 |
| Christopher L. Coleman | Director | 49,186 | 0.15% | Jun 1, 2026 |
| Jocelyn C. Mangan | Director | 20,730 | 0.06% | Jun 1, 2026 |
| Laurette T. Koellner | Director | 31,091 | 0.09% | Jun 1, 2026 |
| Stephen L. Gibbs | Director | 11,897 | 0.04% | Jun 1, 2026 |
| John C. Miller | Director | 12,130 | 0.04% | Jun 1, 2026 |
| Anthony Michael Sanfilippo | Director | 24,420 | 0.07% | Dec 2, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| John Kevin Vasconi Chief Digital & Tech Officer | Sep 9, 2026 | Tax withholding | −1,884 | $21.63 | $40.75K | 42,057 |
| Todd Allan Penegor President & CEO, Director | Jul 31, 2026 | Tax withholding | −8,498 | $29.90 | $254.09K | 196,034 |
| Caroline Miller Oyler Chief Administrative Officer | Jun 5, 2026 | Tax withholding | −251 | $31.92 | $8.01K | 64,750 |
| John C. Miller Director | May 29, 2026 | Award | +159 | $34.21 | $5.44K | 12,130 |
| Laurette T. Koellner Director | May 29, 2026 | Award | +274 | $34.21 | $9.37K | 30,917 |
| Laurette T. Koellner Director | May 29, 2026 | Award | +54.68 | $34.21 | $1.87K | 30,971 |
| John W. Garratt Director | May 29, 2026 | Award | +156 | $34.21 | $5.34K | 11,897 |
| Christopher L. Coleman Director | May 29, 2026 | Award | +378 | $34.21 | $12.93K | 49,186 |
| Stephen L. Gibbs Director | May 29, 2026 | Award | +156 | $34.21 | $5.34K | 11,897 |
| Jocelyn C. Mangan Director | May 29, 2026 | Award | +271 | $34.21 | $9.27K | 20,730 |
| Sonya E. Medina Director | May 29, 2026 | Award | +274 | $34.21 | $9.37K | 24,174 |
| Sonya E. Medina Director | May 11, 2026 | Award | +4,494 | – | – | 23,900 |
| John C. Miller Director | May 11, 2026 | Award | +4,494 | – | – | 11,971 |
| Jocelyn C. Mangan Director | May 11, 2026 | Award | +4,494 | – | – | 20,459 |
| John W. Garratt Director | May 11, 2026 | Award | +4,494 | – | – | 11,741 |
| Christopher L. Coleman Director | May 11, 2026 | Award | +7,041 | – | – | 48,808 |
| Laurette T. Koellner Director | May 11, 2026 | Award | +4,494 | – | – | 30,643 |
| Stephen L. Gibbs Director | May 11, 2026 | Award | +4,494 | – | – | 11,741 |
| Caroline Miller Oyler Chief Administrative Officer | Mar 25, 2026 | Tax withholding | −714 | $33.12 | $23.65K | 65,001 |
| Ravi Thanawala CFO & President, North America | Mar 25, 2026 | Tax withholding | −1,816 | $33.12 | $60.15K | 87,306 |
| Ravi Thanawala CFO & President, North America | Mar 4, 2026 | Tax withholding | −774 | $30.81 | $23.85K | 89,122 |
| Caroline Miller Oyler Chief Administrative Officer | Mar 4, 2026 | Tax withholding | −406 | $30.81 | $12.51K | 65,715 |
| John Kevin Vasconi Chief Digital & Tech Officer | Mar 3, 2026 | Tax withholding | −923 | $31.99 | $29.53K | 43,941 |
| Ravi Thanawala CFO & President, North America | Mar 3, 2026 | Tax withholding | −1,801 | $31.99 | $57.61K | 89,896 |
| Caroline Miller Oyler Chief Administrative Officer | Mar 3, 2026 | Tax withholding | −708 | $31.99 | $22.65K | 66,121 |
| Todd Allan Penegor President & CEO, Director | Mar 3, 2026 | Tax withholding | −5,966 | $31.99 | $190.85K | 204,532 |
| Todd Allan Penegor President & CEO, Director | Mar 2, 2026 | Award | +100,188 | – | – | 210,498 |
| Ravi Thanawala CFO & President, North America | Mar 2, 2026 | Award | +39,136 | – | – | 91,697 |
| Christopher K. Collins SVP Corp Finance & PAO | Mar 2, 2026 | Award | +7,867 | – | – | 18,203 |
| Christopher K. Collins SVP Corp Finance & PAO | Mar 2, 2026 | Award | +3,288 | – | – | 21,491 |
| Caroline Miller Oyler Chief Administrative Officer | Mar 2, 2026 | Award | +19,568 | – | – | 66,829 |
| John Kevin Vasconi Chief Digital & Tech Officer | Mar 2, 2026 | Award | +19,568 | – | – | 44,864 |
| Caroline Miller Oyler Chief Administrative Officer | Feb 27, 2026 | Tax withholding | −252 | $31.35 | $7.90K | 47,261 |
| John W. Garratt Director | Feb 20, 2026 | Award | +103 | $31.59 | $3.25K | 7,247 |
| Jocelyn C. Mangan Director | Feb 20, 2026 | Award | +226 | $31.59 | $7.14K | 15,965 |
| Laurette T. Koellner Director | Feb 20, 2026 | Award | +230 | $31.59 | $7.27K | 26,090 |
| Laurette T. Koellner Director | Feb 20, 2026 | Award | +58.37 | $31.59 | $1.84K | 26,149 |
| Stephen L. Gibbs Director | Feb 20, 2026 | Award | +103 | $31.59 | $3.25K | 7,247 |
| Sonya E. Medina Director | Feb 20, 2026 | Award | +230 | $31.59 | $7.27K | 19,406 |
| John C. Miller Director | Feb 20, 2026 | Award | +106 | $31.59 | $3.35K | 7,477 |
| Christopher L. Coleman Director | Feb 20, 2026 | Award | +304 | $31.59 | $9.60K | 41,767 |
| John W. Garratt Director | Nov 28, 2025 | Award | +75 | $42.07 | $3.16K | 7,144 |
| Stephen L. Gibbs Director | Nov 28, 2025 | Award | +75 | $42.07 | $3.16K | 7,144 |
| Laurette T. Koellner Director | Nov 28, 2025 | Award | +169 | $42.07 | $7.11K | 25,817 |
| Laurette T. Koellner Director | Nov 28, 2025 | Award | +43.35 | $42.07 | $1.82K | 25,860 |
| Sonya E. Medina Director | Nov 28, 2025 | Award | +169 | $42.07 | $7.11K | 19,176 |
| Jocelyn C. Mangan Director | Nov 28, 2025 | Award | +166 | $42.07 | $6.98K | 15,739 |
| Christopher L. Coleman Director | Nov 28, 2025 | Award | +223 | $42.07 | $9.38K | 41,463 |
| John C. Miller Director | Nov 28, 2025 | Award | +78 | $42.07 | $3.28K | 7,371 |
| Joseph Sieve Chief Restaurant & Development | Nov 6, 2025 | Tax withholding | −31 | $42.82 | $1.33K | 16,651 |
| Ravi Thanawala CFO and EVP, International | Sep 9, 2025 | Tax withholding | −128 | $48.76 | $6.24K | 52,561 |
| Joseph Sieve Chief Restaurant & Development | Sep 9, 2025 | Tax withholding | −48 | $48.76 | $2.34K | 16,682 |
| John Kevin Vasconi Chief Digital & Tech Officer | Sep 9, 2025 | Tax withholding | −1,872 | $48.76 | $91.28K | 25,296 |
| John W. Garratt Director | Aug 29, 2025 | Award | +65 | $48.71 | $3.17K | 7,069 |
| Jocelyn C. Mangan Director | Aug 29, 2025 | Award | +143 | $48.71 | $6.97K | 15,573 |
| Christopher L. Coleman Director | Aug 29, 2025 | Award | +192 | $48.71 | $9.35K | 41,240 |
| Stephen L. Gibbs Director | Aug 29, 2025 | Award | +65 | $48.71 | $3.17K | 7,069 |
| Laurette T. Koellner Director | Aug 29, 2025 | Award | +37.09 | $48.71 | $1.81K | 25,648 |
| Laurette T. Koellner Director | Aug 29, 2025 | Award | +145 | $48.71 | $7.06K | 25,611 |
| John C. Miller Director | Aug 29, 2025 | Award | +67 | $48.71 | $3.26K | 7,293 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
21.08%
7M shares short
Days to cover
4.7
At 1M shares a day
Change since last report
+0.4%
From 7M shares
Short volume, 20 days
52.3%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Papa Johns International's stock actually held short. Settlement fails (shares not delivered on time) peaked at 99,436 shares on Sep 21, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Ravi Thanawala Former Officer | Aug 11, 2026 | 23,129 | $556.95K | Aug 10, 2026 | Restricted Stock Vesting |
| Laurette T. Koellner Officer | Mar 7, 2024 | 2,886 | $202.64K | Mar 7, 2024 | Stock Option Exercise |
| Kirtley Olivia F Former director | Jul 24, 2023 | 4,402 | $358.33K | Jul 24, 2023 | Stock option exercise |
| Kirtley Olivia F Former director | Jul 19, 2023 | 10,107 | $773.61K | Jul 19, 2023 | Stock option exercise |
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