Large Outflow of Money Witnessed in Panera Bread Company

Panera Bread Company (PNRA) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($6.71 million) and the uptick to downtick ratio was 0.77. The transaction value on upticks was $22.45 million and on downticks, the transaction value was $29.15 million. The transaction value of block trades during downticks was $9.19 million. The money flow was negative ($9.19 million), indicating the traders were booking profit on the price strength. Panera Bread Company (PNRA) rose $0.55 at $212.88, during intraday Tuesday , a rise of 0.26% over the previous days close.


The company Insiders own 6.96% of Panera Bread Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -31.69% . Institutional Investors own 89.96% of Panera Bread Company shares. During last six month period, the net percent change held by insiders has seen a change of -26.8%. In an insider trading activity, The Securities and Exchange Commission has divulged that Moreton William W., director officer (Executive Vice-Chairman) of Panera Bread Co, had unloaded 1,500 shares at an average price of $212.33 in a transaction dated on June 20, 2016. The total value of the transaction was worth $318,495.

Shares of Panera Bread Company appreciated by 2.22% during the last five trading days but lost 0.16% on a 4-week basis. Panera Bread Company is up 3.2% in the last 3-month period. Year-to-Date the stock performance stands at 9.29%.

Panera Bread Company (NASDAQ:PNRA): stock turned positive on Tuesday. Though the stock opened at $212.4, the bulls momentum made the stock top out at $214.93 level for the day. The stock recorded a low of $211.66 and closed the trading day at $212.88, in the green by 0.26%. The total traded volume for the day was 440,823. The stock had closed at $212.33 in the previous days trading.

Panera Bread Company (Panera) is a food service provider. Panera is a national bakery-cafe concept with 1,880 Company-owned and franchise-operated bakery-cafe locations in 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. As of December 30, 2014, its Company bakery-cafe operations segment consisted of 925 Company-owned bakery-cafes and its franchise operations segment consisted of 955 franchise-operated bakery-cafes, located throughout the United States and in Ontario, Canada. As of December 30, 2014, its fresh dough and other product operations segment, which supplies fresh dough and other products daily to the Company-owned and franchise-operated bakery-cafes, consisted of 24 fresh dough facilities (22 Company-owned and two franchise-operated), located throughout the United States and one in Ontario, Canada.

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