Insider Selling: Performance Food Group (NYSE:PFGC) Insider Sells 4,348 Shares of Stock

Performance Food Group Company (NYSE:PFGC) insider Donald Bulmer sold 4,348 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $100.52, for a total value of $437,060.96. Following the sale, the insider directly owned 58,526 shares of the company’s stock, valued at $5,883,033.52. This represents a 6.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Performance Food Group Stock Performance

Shares of NYSE:PFGC opened at $99.5430 on Friday. The stock has a market capitalization of $15.58 billion, a P/E ratio of 45.87, a P/E/G ratio of 1.14 and a beta of 1.20. Performance Food Group Company has a 1-year low of $68.39 and a 1-year high of $103.50. The company has a current ratio of 1.58, a quick ratio of 0.72 and a debt-to-equity ratio of 1.51. The business has a 50-day moving average price of $94.35 and a two-hundred day moving average price of $86.19.

Performance Food Group (NYSE:PFGC) last posted its earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.10. The company had revenue of $16.94 billion during the quarter, compared to analyst estimates of $16.85 billion. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.45 EPS. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities analysts predict that Performance Food Group Company will post 4.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Performance Food Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 6th. Sanford C. Bernstein set a $112.00 price objective on Performance Food Group and gave the company an “overweight” rating in a research report on Thursday, May 29th. Morgan Stanley boosted their price objective on Performance Food Group from $93.00 to $96.00 and gave the company an “equal weight” rating in a research report on Monday, July 14th. Citigroup began coverage on Performance Food Group in a research report on Thursday, May 22nd. They issued a “buy” rating and a $121.00 price objective for the company. Finally, Truist Financial upped their price target on Performance Food Group from $101.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $106.00.

Institutional Investors Weigh In On Performance Food Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust grew its holdings in Performance Food Group by 51.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 363 shares of the food distribution company’s stock valued at $32,000 after buying an additional 123 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Performance Food Group by 4.6% during the 4th quarter. Stifel Financial Corp now owns 2,934 shares of the food distribution company’s stock worth $248,000 after purchasing an additional 130 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Performance Food Group by 1.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,124 shares of the food distribution company’s stock worth $711,000 after purchasing an additional 131 shares in the last quarter. Spirepoint Private Client LLC grew its holdings in shares of Performance Food Group by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 7,082 shares of the food distribution company’s stock worth $619,000 after purchasing an additional 184 shares in the last quarter. Finally, CWM LLC grew its holdings in shares of Performance Food Group by 8.6% during the 1st quarter. CWM LLC now owns 2,332 shares of the food distribution company’s stock worth $183,000 after purchasing an additional 185 shares in the last quarter. Institutional investors own 96.87% of the company’s stock.

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.