Insider Selling: Performance Food Group (NYSE:PFGC) Insider Sells 4,100 Shares of Stock

Key Points

• Insider Transaction: Erika Davis, an insider at Performance Food Group, sold 4,100 shares of stock at an average price of $105.06, totaling approximately $430,746, reducing her ownership by 8.10%.
• Stock Performance: Following the sale, Performance Food Group's stock traded down by 1.3%, closing at $103.82, with a current market capitalization of $16.25 billion.
• Analyst Ratings: Performance Food Group has received positive assessments from analysts, with target prices ranging from $112 to $121, and an average rating of "Moderate Buy."

Performance Food Group Company (NYSE:PFGC - Get Free Report) insider Erika Davis sold 4,100 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total value of $430,746.00. Following the completion of the sale, the insider owned 46,541 shares of the company's stock, valued at approximately $4,889,597.46. This represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Performance Food Group Stock Down 1.3%

NYSE PFGC traded down $1.37 during trading hours on Wednesday, hitting $103.82. The company had a trading volume of 1,382,688 shares, compared to its average volume of 1,355,496. Performance Food Group Company has a fifty-two week low of $68.39 and a fifty-two week high of $105.29. The company has a market capitalization of $16.25 billion, a price-to-earnings ratio of 47.84, a P/E/G ratio of 1.15 and a beta of 1.10. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.58 and a quick ratio of 0.72. The firm's 50 day moving average is $96.86 and its 200 day moving average is $87.03.

Performance Food Group (NYSE:PFGC - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.10. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The firm had revenue of $16.94 billion during the quarter, compared to the consensus estimate of $16.85 billion. During the same period in the prior year, the firm earned $1.45 EPS. The firm's quarterly revenue was up 11.2% compared to the same quarter last year. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Sell-side analysts anticipate that Performance Food Group Company will post 4.58 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Performance Food Group

A number of large investors have recently bought and sold shares of PFGC. Parkside Financial Bank & Trust lifted its holdings in Performance Food Group by 51.3% in the second quarter. Parkside Financial Bank & Trust now owns 363 shares of the food distribution company's stock worth $32,000 after acquiring an additional 123 shares during the last quarter. AlphaQuest LLC lifted its holdings in Performance Food Group by 658.0% in the second quarter. AlphaQuest LLC now owns 379 shares of the food distribution company's stock worth $33,000 after acquiring an additional 329 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in Performance Food Group by 476.5% in the first quarter. CENTRAL TRUST Co now owns 490 shares of the food distribution company's stock worth $39,000 after acquiring an additional 405 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Performance Food Group by 203.7% in the first quarter. Farther Finance Advisors LLC now owns 498 shares of the food distribution company's stock worth $40,000 after acquiring an additional 334 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in Performance Food Group in the first quarter worth about $44,000. Institutional investors own 96.87% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on PFGC shares. Sanford C. Bernstein set a $112.00 target price on Performance Food Group and gave the company an "overweight" rating in a research note on Thursday, May 29th. UBS Group raised their target price on Performance Food Group from $110.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. Piper Sandler upgraded Performance Food Group from a "neutral" rating to an "overweight" rating and raised their target price for the company from $90.00 to $114.00 in a research note on Tuesday. Guggenheim restated a "buy" rating and set a $115.00 target price on shares of Performance Food Group in a research note on Tuesday, August 26th. Finally, Citigroup started coverage on Performance Food Group in a research note on Thursday, May 22nd. They set a "buy" rating and a $121.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $109.67.

About Performance Food Group

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.

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