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

Performance Food Group Company (NYSE:PFGC) insider Erika Davis sold 1,320 shares of Performance Food Group stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $105.29, for a total transaction of $138,982.80. Following the completion of the transaction, the insider directly owned 40,402 shares in the company, valued at $4,253,926.58. This represents a 3.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Performance Food Group Price Performance

PFGC stock traded down $0.84 on Tuesday, hitting $104.94. 1,404,203 shares of the company’s stock traded hands, compared to its average volume of 1,966,040. The stock has a market cap of $16.53 billion, a price-to-earnings ratio of 45.82, a P/E/G ratio of 1.35 and a beta of 0.91. Performance Food Group Company has a 1-year low of $80.82 and a 1-year high of $117.47. The company has a current ratio of 1.51, a quick ratio of 0.67 and a debt-to-equity ratio of 1.34. The stock has a fifty day moving average of $110.13 and a 200-day moving average of $98.33.

Performance Food Group (NYSE:PFGC) last posted its quarterly earnings results on Wednesday, August 12th. The food distribution company reported $1.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by ($0.01). Performance Food Group had a net margin of 0.53% and a return on equity of 15.15%. The company had revenue of $18.03 billion during the quarter, compared to the consensus estimate of $18.11 billion. During the same period in the prior year, the company posted $0.84 EPS. Performance Food Group’s quarterly revenue was up 6.7% on a year-over-year basis. On average, analysts forecast that Performance Food Group Company will post 5.58 EPS for the current fiscal year.

Institutional Trading of Performance Food Group

Institutional investors have recently made changes to their positions in the stock. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Performance Food Group during the second quarter valued at approximately $1,867,000. California State Teachers Retirement System lifted its position in Performance Food Group by 10,766.1% in the 2nd quarter. California State Teachers Retirement System now owns 19,960,216 shares of the food distribution company’s stock worth $2,231,353,000 after buying an additional 19,776,523 shares in the last quarter. HB Wealth Management LLC boosted its stake in shares of Performance Food Group by 38.8% during the 2nd quarter. HB Wealth Management LLC now owns 4,619 shares of the food distribution company’s stock valued at $516,000 after buying an additional 1,291 shares during the period. AlphaGrep UK Ltd purchased a new position in shares of Performance Food Group during the 2nd quarter valued at $622,000. Finally, Nykredit A S purchased a new position in shares of Performance Food Group during the 2nd quarter valued at $678,000. 96.87% of the stock is currently owned by institutional investors and hedge funds.

Key Performance Food Group News

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PFGC. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $133.00 price target on shares of Performance Food Group in a research note on Thursday, August 13th. Citigroup raised their target price on shares of Performance Food Group from $143.00 to $144.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Wells Fargo & Company boosted their price target on shares of Performance Food Group from $115.00 to $130.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Sanford C. Bernstein restated an “outperform” rating on shares of Performance Food Group in a research report on Thursday, August 13th. Finally, Barclays lifted their price objective on shares of Performance Food Group from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $126.90.

About Performance Food Group

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.