A company insider recently sold 75,079 shares of US Foods Holding Corp. [USFD]. Should You Sale?

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. US Foods Holding Corp. shares valued at $2,440,068 were sold by Guberman Steven on May 26. At $32.50 per share, Guberman Steven sold 75,079 shares. The insider’s holdings dropped to 118,808 shares worth approximately $3.82 million following the completion of this transaction.


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Also, Satriano Pietro sold 40,000 shares, netting a total of over 1,333,200 in proceeds. Following the sale of shares at $33.33 each, the insider now holds 594,159 shares.

Before that, Satriano Pietro had sold 60,000 shares from its account. In a trade valued at $2,059,800, the Director traded US Foods Holding Corp. shares for $34.33 each. Upon closing the transaction, the insider’s holdings decreased to 60,000 shares, worth approximately $19.11 million.

As published in their initiating research note from Berenberg on May 18, 2022, US Foods Holding Corp. [USFD] has been a Buy and the price target has been revised to $53. This represents a 39.32% premium over Thursday’s closing price. Analysts at CL King started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of February 01, 2022, Truist has initiated its “Buy” rating for USFD. Earlier on January 19, 2022, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for USFD stock.

Analyzing USFD’s Price Performance

On Thursday, US Foods Holding Corp. [NYSE: USFD] rose 1.10% to $32.16. The stock’s lowest price that day was $31.58, but it reached a high of $32.29 in the same session. During the last five days, there has been a drop of approximately -0.95%. Over the course of the year, US Foods Holding Corp. shares have dropped approximately -7.67%. Shares of the company reached a 52-week high of $39.73 on 02/17/22 and a 52-week low of $27.48 on 06/16/22. A 50-day SMA is recorded $31.32, while a 200-day SMA reached $34.53. Nevertheless, trading volume fell to 1.3 million shares from 1.0 million shares the previous day.

Support And Resistance Levels for US Foods Holding Corp. (USFD)

According to the 24-hour chart, there is a support level at 31.73, which, if violated, would cause prices to drop to 31.30. In the upper region, resistance lies at 32.44. The next price resistance is at 32.72. RSI (Relative Strength Index) is 52.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.36, which suggests the price will decrease in the coming days. Percent R is at 45.45%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is US Foods Holding Corp. subject to short interest?

Stocks of US Foods Holding Corp. saw a sharp rise in short interest on Jul 14, 2022 jumping by 0.11 million shares to 4.23 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 4.12 million shares. A jump of 2.6% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.87 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.87.

Which companies own the most shares of US Foods Holding Corp. (USFD)?

According to Sachem Head Capital Management LP filings, the company currently owns 18,932,877 shares, which is about 8.46% of the total USFD shares outstanding. The investor’s shares have plunged by -251,975 from its previous 13-F filing of 19184852.0 shares. With the completion of the buy transaction, The Vanguard Group, Inc.’s stake is now worth $569,584,263. Fidelity Management & Research Co acquire a 10.87% interest valued at $548.2 million while Boston Partners Global Investors, purchased a 1,845,762 stake. A total of -199,321 shares of US Foods Holding Corp. were bought by Invesco Advisers, Inc. during the quarter, and -267,006 were sold by Longview Partners LLP. In its current portfolio, Bessemer Investment Management LL holds 7,704,094 shares valued at $236.36 million.

In terms of US Foods Holding Corp. share price expectations, FactSet research, analysts set an average price target of $43.50 in the next 12 months, up nearly 41.46% from the previous closing price of $31.81. Analysts anticipate US Foods Holding Corp. stock to reach $50.00 by 2022, with the lowest price target being $34.00. In spite of this, 16 analysts ranked US Foods Holding Corp. stock as an Overweight at the end of 2022. On July 29, 2021, UBS assigned a price target of “a Neutral” to the stock and initiated coverage with a $36.

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