Performance Food Group (NYSE:PFGC) Insider Sells 1,320 Shares of Stock

Performance Food Group Company (NYSE:PFGCGet Free Report) insider Erika Davis sold 1,320 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $105.29, for a total value of $138,982.80. Following the sale, the insider directly owned 40,402 shares of the company’s stock, valued at $4,253,926.58. This trade represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Performance Food Group Stock Down 0.8%

Shares of NYSE PFGC traded down $0.84 during trading hours on Tuesday, hitting $104.94. The stock had a trading volume of 1,404,203 shares, compared to its average volume of 1,966,040. The firm’s 50-day moving average price is $110.13 and its two-hundred day moving average price is $98.33. Performance Food Group Company has a 52 week low of $80.82 and a 52 week high of $117.47. The company has a market capitalization of $16.53 billion, a P/E ratio of 45.82, a P/E/G ratio of 1.35 and a beta of 0.91. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.67 and a current ratio of 1.51.

Performance Food Group (NYSE:PFGCGet Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The food distribution company reported $1.59 earnings per share for the quarter, missing the consensus estimate of $1.60 by ($0.01). The business had revenue of $18.03 billion for the quarter, compared to the consensus estimate of $18.11 billion. Performance Food Group had a net margin of 0.53% and a return on equity of 15.15%. Performance Food Group’s revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.84 EPS. Analysts anticipate that Performance Food Group Company will post 5.58 EPS for the current fiscal year.

Analyst Ratings Changes

PFGC has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $133.00 target price on shares of Performance Food Group in a report on Thursday, August 13th. TD Cowen lowered their price objective on Performance Food Group from $128.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Guggenheim increased their price target on Performance Food Group from $115.00 to $125.00 and gave the company a “buy” rating in a report on Monday, June 29th. UBS Group reduced their price objective on shares of Performance Food Group from $132.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Finally, Barclays upped their price objective on shares of Performance Food Group from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $126.90.

Check Out Our Latest Analysis on PFGC

Institutional Trading of Performance Food Group

Hedge funds have recently added to or reduced their stakes in the business. Cedar Mountain Advisors LLC bought a new position in Performance Food Group in the 1st quarter worth approximately $28,000. Asset Planning Inc bought a new stake in shares of Performance Food Group in the first quarter valued at approximately $35,000. Torren Management LLC acquired a new stake in shares of Performance Food Group in the fourth quarter worth $41,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Performance Food Group in the fourth quarter worth $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Performance Food Group during the second quarter worth $51,000. Institutional investors own 96.87% of the company’s stock.

Performance Food Group News Summary

Here are the key news stories impacting Performance Food Group this week:

  • Positive Sentiment: Fiscal fourth-quarter sales increased 6.4% to $18.03 billion, while total case volume rose 3.5% and organic case volume gained 1.8%. Net income increased 23.4% to $162.3 million, suggesting that growth was not driven solely by approximately 4.7% product-cost inflation. Performance Food growth and inflation article
  • Positive Sentiment: Analyst sentiment remains favorable. Citigroup raised its price target to $144, Wells Fargo increased its target to $130, and Deutsche Bank reiterated a Buy rating. The stock has a consensus “Moderate Buy” rating and an average target of $126.90, well above recent trading levels.
  • Positive Sentiment: Institutional ownership remains strong at approximately 96.9%, with reported additions or new positions from investors including BlackRock, Primecap Management and Norges Bank. This may provide longer-term shareholder support, although the reported ownership changes should be monitored for accuracy and timing.
  • Neutral Sentiment: Performance Food Group announced the resignation of board member Sc… on August 24. No reason was provided in the available report, making the immediate effect on PFGC difficult to assess. Performance Food Group board resignation article
  • Negative Sentiment: Quarterly results were slightly below expectations: adjusted earnings were $1.59 per share versus a $1.60 consensus forecast, while revenue of $18.03 billion trailed estimates of $18.11 billion. With a price-to-earnings ratio above 45, even small misses may weigh on the stock’s near-term valuation.
  • Negative Sentiment: Several insiders sold a combined 19,030 shares on August 20–21 for roughly $2.0 million at prices near $104.21–$104.43. The sales reduced individual holdings by about 2.5% to 18.1% and could pressure sentiment, although insider sales can also reflect personal liquidity or compensation-related decisions. PFGC insider trading report

About Performance Food Group

(Get Free Report)

Performance Food Group Company (NYSE: PFGC) is a leading foodservice distribution company headquartered in Richmond, Virginia. The company operates through multiple segments, offering a broad range of products including fresh, frozen and dry foods, as well as non-food items such as supplies, paper goods and equipment. Performance Food Group serves a diverse customer base that encompasses independent and multi-unit restaurants, healthcare facilities, hospitality venues, schools, and other institutional customers.

Through its national broadline division, Performance Food Group provides next-day delivery of products sourced from both company-owned processing facilities and third-party suppliers.

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Insider Buying and Selling by Quarter for Performance Food Group (NYSE:PFGC)

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