Noodles & Company
Noodles & Company (NDLS) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · NDLS · as of Sep 30, 2025
Ownership Breakdown
41
Institutional Holders
▼ 4 vs Q2
$11.05M
Total Inst. Value
▼ $1.74M vs Q2
5.89M
Shares Outstanding
freeFloat 59.28%
17.39M
13F Shares Held
▼ 552,668 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
NDLS largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
MILL ROAD CAPITAL MANAGEMENT LLC retail-eating places | 6.97M | 14.99% | 14.99% | $4.43B | Nov 14, 2025 | — held |
NANTAHALA CAPITAL MANAGEMENT, LLC retail-eating places | 4.51M | 9.70% | 9.70% | $2.86B | Nov 14, 2025 | — held |
VANGUARD GROUP INC retail-eating places | 2.12M | 4.55% | 4.55% | $1.35B | Nov 7, 2025 | — held |
FMR LLC retail-eating places | 1.64M | 3.53% | 3.53% | $1.04B | Nov 13, 2025 | ▼ 75.1K |
BLACKROCK, INC. retail-eating places | 513.1K | 1.10% | 1.10% | $326.10M | Nov 12, 2025 | ▼ 6.2K |
GEODE CAPITAL MANAGEMENT, LLC retail-eating places | 362.0K | 77.93% | 77.93% | $230.18M | Nov 12, 2025 | — held |
CREATIVE PLANNING retail-eating places | 206.7K | 44.49% | 44.49% | $131.38M | Nov 14, 2025 | — held |
STATE STREET CORP retail-eating places | 138.8K | 29.87% | 29.87% | $88.19M | Nov 14, 2025 | — held |
MILLENNIUM MANAGEMENT LLC retail-eating places | 128.1K | 27.57% | 27.57% | $81.41M | Nov 14, 2025 | ▼ 55.2K |
GOLDMAN SACHS GROUP INC retail-eating places | 125.9K | 27.09% | 27.09% | $80.00M | Nov 14, 2025 | ▲ 43.1K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
6
Increased
+136.2K shares2
New Positions
first time holders15
Decreased
−335.2K shares6
Sold Out
fully exitedNet shares change (top 50)
199.0K
+136.2K / −335.2K
Net new holders
-13
2 new / 6 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
NDLS insider trading · insider activity
Source: SEC Form 4
0
Buy transactions
1
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Taylor Shawn A director | May 15, 2026 | Award | 7,103 | — | — | 22.2K | Form 4 ↗ |
Schreiber Elisa director | May 15, 2026 | Award | 7,103 | — | — | 22.2K | Form 4 ↗ |
Peakes Britain director | May 15, 2026 | Award | 7,103 | — | — | 14.7K | Form 4 ↗ |
MADSEN ANDREW H director | May 15, 2026 | Award | 7,103 | — | — | 37.5K | Form 4 ↗ |
JONES JEFFREY W director | May 15, 2026 | Award | 10,655 | — | — | 40.7K | Form 4 ↗ |
Lockhart Kathryn Rae Chief Accounting Officer | May 15, 2026 | Award | 4,735 | — | — | 13.4K | Form 4 ↗ |
Lockhart Kathryn Rae Chief Accounting Officer | May 15, 2026 | Tax Withhold | 416 | $12.59 | $5.2K | 8.7K | Form 4 ↗ |
Kline Corey EVP - Technology | May 15, 2026 | Award | 4,735 | — | — | 14.9K | Form 4 ↗ |
Kline Corey EVP - Technology | May 15, 2026 | Tax Withhold | 416 | $12.59 | $5.2K | 10.1K | Form 4 ↗ |
Hynes Michael Chief Financial Officer | May 15, 2026 | Award | 12,628 | — | — | 33.3K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Noodles & Company (NDLS) is primarily owned by institutional investors, who hold approximately 100.0% of total shares outstanding. Company insiders own approximately 40.72%, while retail and public investors account for the remaining 0.00%.
The largest institutional shareholder of Noodles & Company is MILL ROAD CAPITAL MANAGEMENT LLC, holding approximately 6.97 million shares — equal to 14.99% of outstanding shares — as of September 30, 2025.
A total of 41 institutional investors currently hold NDLS stock, with a combined institutional value of approximately $11,051,886 as of the most recent 13F filing period.
Frequently asked questions
NDLS ownershipNoodles & Company (NDLS) is primarily owned by institutional investors, who hold approximately 100.0% of shares. The largest shareholder is MILL ROAD CAPITAL MANAGEMENT LLC with a 14.99% stake. Company insiders hold 40.72%. Data sourced from SEC Form 13F as of September 30, 2025.