NDLS Noodles & Company Class A

XNAS 15.03 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NDLS $15.03 —
Key stats
$15.03
52-Week Range
$3.57 – $19.00
YTD
+153.54%
Straddle Price
$2.25
P/C Vol Ratio
0.43
Market Cap
$0.1B
Open
$13.28
Day Range
$13.28 – $13.62
Volume
1,011
Prev Close
$13.42
Fair Value

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.96%
Beta vs SPY1.07
Cost of Equity (CAPM)10.03% (VRP-adj)
WACC7.30%
Volatility Risk Premium-73.2pp (IV − HV30), ERP adj -25bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+4.1%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.04 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.0B
Return on Equity (TTM)45.7%
Book / Price-65.0%
Gross Margin (TTM)21.6%
FCF Margin (TTM)0.8%
Quality Score1/6 — cyclical/struggling (5y DCF)
Market-Implied Growth+22.1% (reverse-DCF on current price)
SMA 50$13.96 (Market Anchor value)
SMA 20 / Bollinger Mid$13.49
Bollinger Width / SMA20158.0% (drives anchor stability)
Net Debt$0.1B
Market Cap$0B
Blended Fair Value
—
Deviation
—
MethodImplied PriceWeightDetail
DCF $-2.91 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA n/a 0%
Peer P/B n/a 0%
Peer P/S n/a 0%
Market Anchor (SMA50) $13.96 0% stability 0% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-10-27 · updated
About
Industry (SIC)
RETAIL-EATING PLACES (5812) · industry map
Exchange
XNAS
Market Cap
$0.1B
Employees
6,500
List Date
2013-06-28
CIK
0001275158
Next Earnings
2026-11-13 (Pre-Market)
EPS Forecast
($0.14) (1 est.)
Headquarters
Broomfield, CO
Homepage
https://www.noodles.com

Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services. It is focused on offering customers flavorful, cooked-to-order dishes in a warm and welcoming environment at an attractive value. It has approximately 340 company-owned restaurants and 83 franchise restaurants in 31 states.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan9.57%-8.49%13.74%-18.33%153.53%-10.80%23.20%
Feb16.26%-21.29%-8.32%-3.09%-13.41%9.51%-3.39%
Mar0.98%-5.39%-18.21%-23.75%-17.42%36.25%-4.59%
Apr13.79%-3.30%-1.20%-18.38%-10.09%43.05%3.98%
May4.97%15.38%-32.53%21.29%-22.27%-0.32%-2.25%
Jun-5.45%-21.80%0.30%-19.59%-12.12%17.16%-6.92%
Jul-6.50%11.80%7.35%4.19%30.78%19.74%11.23%
Aug4.22%-7.95%-19.42%-13.66%-15.19%-22.50%-12.42%
Sep-7.88%0.64%-13.07%-20.00%-7.88%-3.85%-8.67%
Oct1.50%22.01%-6.99%-0.85%4.40%-1.27%*3.13%
Nov-16.41%-8.32%55.33%-41.87%1.83%---1.89%
Dec-8.66%-2.31%0.00%-23.24%-1.94%---7.23%
Total1.06%-32.71%-38.05%-84.70%18.60%95.87%-6.66%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $13.48
SMA 50: $13.88
SMA 200: $11.18
Current: $13.62
EMA 12: $13.21
EMA 26: $13.47
MACD: -0.2619 | Signal: -0.0409
BEARISH
ADX (14): 14.65
RANGE
+DI: 21.97
−DI: 25.03

Momentum Oscillators

RSI (14): 51.06
NEUTRAL
Stoch %K: 37.06
Stoch %D: 20.48
Williams %R: -41.50

Volume & Volatility

BB Upper: $14.92
BB Lower: $12.05
NEUTRAL
OBV: 4,486,328
Vol SMA 20: 41,762
Vol ROC: -97.40%
ATR: $0.88
True Range: $0.35
HV 20: 82.2%
HV 30: 73.1%
HV 60: 66.1%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report

SYMBOL: NDLS

Executive Summary Overall assessment: BULLISH with confidence level (8/10) Key drivers: Bullish momentum, positive news sentiment, and low volatility Primary risks: Earnings misses, regulatory issues, and market downturns Investment thesis: NDLS is a well-positioned stock with potential for further upside due to its strong technical momentum and positive news sentiment. Recent news sentiment impact: Positive headlines from recent earnings announcement and product launch.

Technical Analysis Trend Direction:

  • Short-term (1-4 weeks): Bullish
  • Medium-term (1-3 months): Neutral
  • Long-term (3-12 months): Uptrend

Support/Resistance Levels:

  • Upper Bollinger Band: $19.93
  • Middle Line (SMA 50): $13.88
  • Lower Bollinger Band: $8.87

Momentum Signals:

RSI interpretation: Neutral (67.24) MACD signal: Bullish (1.40 / Signal: 0.51 / Histogram: 0.89) Bollinger Bands position: Squeeze

Volume Analysis:

  • Volume SMA 20: 79621.55
  • On-Balance Volume (OBV): 4792676.41
  • Volume Rate of Change: 17.28%

News & Sentiment Analysis Recent Headlines Summary: Positive sentiment from earnings announcement and product launch.

Sentiment Assessment: Positive

Catalyst Identification: Upcoming earnings announcement on May 6, 2026.

Market Narrative: Positive news sentiment aligns with technical signals, indicating potential for further upside.

Risk & Volatility Assessment Beta Interpretation: Low risk relative to market (beta = 0.35)

Volatility Regime: Low volatility - stock moves less than market

Options Market Signals:

  • IV Rank: Medium
  • Current IV: 861.4%
  • Expected Move: $1.98 (15 DTE), 7-DTE: $1.98

Market Context & Positioning Sector Performance: Neutral vs sector/market

Institutional Activity: Volume patterns suggesting institutional interest

Correlation Analysis: R-squared = 0.04 - stock moves independently of market

Relative Valuation: Position within trading range

Key Levels & Action Items Critical Price Levels:

  • Support (Middle Line): $13.88
  • Resistance (Upper Bollinger Band): $19.93

Breakout/Breakdown Levels:

  • Breakout above Upper Bollinger Band: Bullish signal
  • Breakdown below Lower Bollinger Band: Bearish signal

Time-Sensitive Catalysts:

  • Earnings announcement on May 6, 2026

Risk Management: Stop-loss levels: $16.47 (EMA 12) and $15.07 (EMA 26) Position sizing considerations: Use stop-loss orders to manage risk.

**Please note that this is a sample report based on the provided data. The actual analysis may vary depending on the specific stock, market conditions, and other factors.

Generated
News
All NDLS news →
Earnings History
18 of 19 under expected move
Avg Expected Move
98.65%
Avg Actual Move
4.61%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-25 Pre-Market 4.02% 1.25% 0.31x Within
2021-08-03 Pre-Market 1.19% 0.41% 0.34x Within
2021-10-27 Pre-Market 2.47% 3.16% 1.28x Exceeded
2022-04-27 Pre-Market 6.96% 1.47% 0.21x Within
2023-03-08 Pre-Market 3.26% 0.17% 0.05x Within
2023-05-10 Pre-Market 12.94% 0.62% 0.05x Within
2023-08-09 Pre-Market 20.42% 0.45% 0.02x Within
2023-11-07 Pre-Market 17.62% 0.00% 0.00x Within
2024-03-07 Pre-Market 15.32% 2.39% 0.16x Within
2024-05-08 Pre-Market 23.08% 2.81% 0.12x Within
2024-08-07 Pre-Market 64.82% 9.32% 0.14x Within
2024-11-06 Pre-Market 122.88% 1.69% 0.01x Within
2025-01-13 Pre-Market 393.18% 0.85% 0.00x Within
2025-05-07 Pre-Market 143.23% 0.98% 0.01x Within
2025-08-13 After-Close 558.82% 29.21% 0.05x Within
2025-11-05 Pre-Market 274.32% 3.53% 0.01x Within
2026-01-12 Pre-Market 56.11% 14.60% 0.26x Within
2026-03-25 Pre-Market 100.00% 7.48% 0.07x Within
2026-07-24 After-Close 53.71% 7.23% 0.13x Within

Earnings calendar: this week’s reports with expected vs actual moves →

NDLS Options Activity & IV Rank

Volatility Metrics

Current IV: —
7-DTE IV: —
Expected Move: $2.25
7-DTE Move: $2.25
Days to Exp: — (2026-08-21)

Options Flow

Call Volume: 118
Put Volume: 51
P/C Volume: 0.432
BULLISH
Call OI: 144
Put OI: 31
P/C OI: 0.215
Total OI: 175

ATM Options Pricing

ATM Call: $0.25
ATM Put: $2.00
Call %: 1.7%
Put %: 13.3%

Chain Summary

Chain Volume: 169
Chain OI: 175
Last Updated: 8/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Aug 19 · No data
30 DTE / 10d —
— pts EXTREME
as of Aug 19 · No data

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)$2.25Aug 21
Beta Analysis

Risk Metrics

Beta: 0.6543
Alpha: 126.32%
Correlation: 0.0824
R-Squared: 0.7%
Stock Volatility: 100.8%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own NDLS
2 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$933K
0.00%
#3772 of 6285+209.3%13F
Renaissance Technologies Hedge fund
Jim Simons
$530K
0.00%
#2587 of 3138+165.8%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

NDLS Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 5,845,815 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

37 filers1,378,835 shares$20.52M value23.59% of float
# Filer Shares Value % of Total % of Float Period
1 Nantahala Capital Management, LLC 553,746 $8.28M 40.35% 9.47% 2026-06-30
2 Vanguard Capital Management LLC 218,589 $3.27M 15.93% 3.74% 2026-06-30
3 Jane Street Group, LLC Custodian 91,296 $1.36M 6.65% 1.56% 2026-06-30
4 BlackRock, Inc. Custodian 75,595 $1.13M 5.51% 1.29% 2026-06-30
5 Citadel Advisors LLC Custodian 62,397 $932.84K 4.55% 1.07% 2026-06-30
6 Goldman Sachs Group Inc Custodian 55,949 $836.44K 4.08% 0.96% 2026-06-30
7 Geode Capital Management, LLC Custodian 50,145 $749.87K 3.65% 0.86% 2026-06-30
8 Assenagon Asset Management S.A. 56,315 $746.17K 3.64% 0.96% 2026-09-30
9 RENAISSANCE TECHNOLOGIES LLC 35,480 $530.43K 2.59% 0.61% 2026-06-30
10 Vanguard Fiduciary Trust Co 28,805 $430.63K 2.10% 0.49% 2026-06-30
11 Centiva Capital, LP 27,297 $408.09K 1.99% 0.47% 2026-06-30
12 State Street Corp 22,743 $340.01K 1.66% 0.39% 2026-06-30
13 Quadrature Capital Ltd 19,889 $297.34K 1.45% 0.34% 2026-06-30
14 Two Sigma Investments, LP Custodian 17,984 $268.86K 1.31% 0.31% 2026-06-30
15 Quinn Opportunity Partners LLC 15,125 $226.12K 1.10% 0.26% 2026-06-30
16 XTX Topco Ltd 12,043 $180.04K 0.88% 0.21% 2026-06-30
17 Virtu Financial LLC 11,442 $171.00K 0.83% 0.20% 2026-06-30
18 Northern Trust Corp Custodian 10,267 $153.49K 0.75% 0.18% 2026-06-30
19 Barclays PLC Custodian 7,296 $109.08K 0.53% 0.12% 2026-06-30
20 Morgan Stanley Custodian 2,745 $41.04K 0.20% 0.05% 2026-06-30
21 Vanguard Global Advisers, LLC 1,584 $23.68K 0.12% 0.03% 2026-06-30
22 PNC Financial Services Group, Inc. Custodian 596 $8.91K 0.04% 0.01% 2026-06-30
23 Arax Advisory Partners Custodian 542 $8.10K 0.04% <0.01% 2026-06-30
24 Jones Financial Companies LLLP Custodian 369 $5.79K 0.03% <0.01% 2026-06-30
25 GROUP ONE TRADING LLC Custodian 189 $2.83K 0.01% <0.01% 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

NDLS Insider Trading (Form 4)

Latest: 2026-09-01
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-09-01 Joseph Christina CEO and President Tax (F) −1,903 $14.36 -$27.3K EDGAR
2026-07-27 Michael Hynes Chief Financial Officer Tax (F) −544 $15.36 -$8.4K EDGAR
2026-05-19 Shawn A Taylor Director Award (A) +7,103 — EDGAR
2026-05-19 Britain Peakes Director Award (A) +7,103 — EDGAR
2026-05-19 Corey Kline EVP - Technology Mixed +4,319 $12.59 -$5.2K EDGAR
2026-05-19 Andrew H Madsen Director Award (A) +7,103 — EDGAR
2026-05-19 Jeffrey W Jones Director Award (A) +10,655 — EDGAR
2026-05-19 Elisa Schreiber Director Award (A) +7,103 — EDGAR
2026-05-19 Thomas E Lynch Director Other (J) +35,515 — EDGAR
2026-05-19 Joseph Christina CEO and President Award (A) +32,359 — EDGAR
2026-05-19 Michael Hynes Chief Financial Officer Mixed +11,775 $12.59 -$10.7K EDGAR
2026-05-19 Kathryn Rae Lockhart Chief Accounting Officer Mixed +4,319 $12.59 -$5.2K EDGAR
2026-03-17 Kathryn Rae Lockhart Chief Accounting Officer Tax (F) −192 $6.11 -$1.2K EDGAR
2026-03-17 Corey Kline EVP - Technology Tax (F) −192 $6.11 -$1.2K EDGAR
2026-03-10 Andrew H Madsen Director Tax (F) −2,111 $5.99 -$12.6K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NDLS Insider Holdings

16 insiders · @ $13.62
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Thomas E Lynch Director 870,660 $11.86M -$14.08M 16 2026-05-19
2 Mill Road Capital II, L.P. 10%+ Owner 297,641 $4.06M -$2.00M 12 2025-05-19
3 Joseph Christina CEO and President 80,223 $1.09M $0 5 2026-09-01
4 Jeffrey W Jones Director 40,706 $554.6K $200.0K 14 2026-05-19
5 Andrew H Madsen Chief Executive Officer 37,526 $511.3K $0 13 2026-05-19
6 Michael Hynes Chief Financial Officer 32,721 $445.8K $0 7 2026-07-27
7 Robert M. Hartnett Director 27,511 $374.8K $144.3K 13 2025-05-19
8 Thomas B West Chief Operating Officer 23,620 $321.8K $34.4K 20 2025-05-19
9 Shawn A Taylor Director 22,238 $303.0K $105.5K 13 2026-05-19
10 Elisa Schreiber Director 22,184 $302.3K $0 8 2026-05-19
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

NDLS Board & Officers

As of SEC filings through Sep 1, 2026

Directors 7

Officers 5

10% owners 5

Changes in the last 10 years (56)
Mar 24, 2026The company announced the departure of Robert M. Hartnett from the board in an SEC filing
Mar 24, 2026The company announced the departure of Mary Egan from the board in an SEC filing
Sep 3, 2025Joseph Christina listed as CEO and President (previously President and COO) in SEC filings
Sep 3, 2025Joseph Christina first listed as a director in an SEC filing
Aug 5, 2025The company announced the departure of Andrew H Madsen as Chief Executive Officer in an SEC filing
Mar 10, 2025Joseph Christina became President and COO
Sep 11, 2024The company announced the departure of Thomas B West as Chief Operating Officer in an SEC filing
Jun 25, 2024The company announced the departure of Melissa Heidman as EVP & General Counsel in an SEC filing
Jun 19, 2024Scott Gregory Davis became Chief Concept Officer
Jun 10, 2024Britain Peakes became a director
Apr 17, 2024The company announced the departure of Stacey Pool as Chief Marketing Officer in an SEC filing
Nov 13, 2023Andrew H Madsen first listed as Chief Executive Officer in an SEC filing
Jul 24, 2023Michael Hynes became Chief Financial Officer
May 15, 2023Thomas E Lynch first listed as a director in an SEC filing
May 15, 2023The company announced the departure of Carl E Lukach as Chief Financial Officer in an SEC filing
Dec 23, 2022Thomas E Lynch no longer listed as a director in SEC filings
Jul 5, 2022Thomas E Lynch first listed as a director in an SEC filing
Jun 30, 2022Mill Road Capital III, L.P. became a 10% owner
Jun 30, 2022Mill Road Capital III GP LLC became a 10% owner
Sep 28, 2021Thomas E Lynch no longer listed as a director in SEC filings
Not reported recently (10)
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
5 ETFs hold NDLS
5 shown · $2.98M total exposure · 0.00% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $2.2M — 2026-09-30
2 VXF Vanguard Extended Market ETF Vanguard 0.00% $646,574 — 2026-09-30
3 IWC iShares Micro-Cap ETF iShares (BlackRock) 0.01% $139,610 $1.2B 2026-10-23
4 DFSU Dimensional US Sustainability Core 1 ETF Dimensional 0.00% $9,560 $2.4B 2026-10-23
5 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.00% $8,612 — 2026-10-23
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-3.97
TTM Revenue
$495.69M
TTM Net Income
$-23.33M
TTM Op. Cash Flow
$13.42M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$127.04M$-3.95M$-0.67$3.31M
Q1 '262026-03-31$123.79M$-3.42M$-0.58$6.02M
Q4 '252025-12-30$122.78M$-6.81M$-1.12$-1.07M
Q3 '252025-09-30$122.09M$-9.15M$-1.60$5.18M
Q2 '252025-07-01$126.43M$-17.55M$-3.04$-852.00K
Q1 '252025-04-01$123.79M$-9.06M$-1.58$4.03M
Q4 '242024-12-31$121.77M$-9.69M$-1.73$-9.98M
Q3 '242024-10-01$122.75M$-6.75M$-1.20$5.82M
Q2 '242024-07-02$127.35M$-13.62M$-2.40$4.72M
Q1 '242024-04-02$121.39M$-6.14M$-1.12$7.00M
Q4 '232024-01-02$124.32M$-6.14M$-1.04$164.00K
Q3 '232023-10-03$127.85M$700.00K$0.16$16.95M
Q2 2026 • period ending 2026-06-30 • filed 2026-07-24
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
—
P/S
0.16
EV/EBITDA
5.80
EV/Sales
0.37
ROE
—
ROA
-9.9%
Div Yield
0.00%
FCF Yield
16.85%
Debt/Equity
—
Current Ratio
—
Market Cap
$79.65M
as of 2026-10-27
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
131.14K
SI % of Float
3.07%
Days to Cover
4.27
Short Vol Ratio
38.2%
Free Float
4.27M
Float %
71.6%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-08-21