Noodles & Company 13D Filing Shows Hoak Public Equities, L.P. Increased Stake In Co To 5.2% As Of June 15, 2023; James Hoak Jr Says Purchased Noodles & Co's Common Stock Based On Belief That Shares Represented Attractive Investment Opportunity
Portfolio Pulse from Benzinga Newsdesk
Hoak Public Equities, L.P. has increased its stake in Noodles & Company to 5.2% as of June 15, 2023, according to a 13D SEC filing. James Hoak Jr. purchased the common stock, believing that the shares represent an attractive investment opportunity.
June 23, 2023 | 1:09 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Hoak Public Equities increased its stake in Noodles & Company to 5.2%, indicating confidence in the company's growth potential.
The increased stake by Hoak Public Equities demonstrates their belief in the company's growth potential, which could positively impact NDLS stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100