Performance Food Group Company’s filing revealed that its insider Hagerty Patrick T. unloaded Company’s shares for reported $26175.0 on Nov 01. In the deal valued at $52.35 per share,500 shares were sold. As a result of this transaction, Hagerty Patrick T. now holds 155,790 shares worth roughly $ 8.06 million.
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Then, Hagerty Patrick T. sold 500 shares, generating $21,790 in total proceeds. Upon selling the shares at $43.58, the insider now owns 156,290 shares.
Before that, Hagerty Patrick T. sold 500 shares. Performance Food Group Company shares valued at $24,665 were divested by the insider at a price of $49.33 per share. As a result of the transaction, Hagerty Patrick T. now holds 158,609 shares, worth roughly $8.2 million.
Stephens initiated its Performance Food Group Company [PFGC] rating to an Overweight in a research note published on Monday, September 23, 2022; the price target was $60. PT values the company’s stock at a premium of 13.78 to its Monday closing price. A number of analysts have revised their coverage, including Berenberg’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. Deutsche Bank began covering PFGC with “Buy” recommendation on March 18, 2022. CL King started covering the stock on March 11, 2022. It rated PFGC as “a Buy”.
Price Performance Review of PFGC
On Monday, Performance Food Group Company [NYSE:PFGC] saw its stock fall -0.63% to $51.73. On the same session, the stock had its day’s lowest price of $51.115, but rose to a high of $52.39. Over the last five days, the stock has lost -0.60%. Performance Food Group Company shares have risen nearly 12.73% since the year began. Nevertheless, the stocks have risen 6.57% over the past one year. While a 52-week high of $58.13 was reached on 03/03/22, a 52-week low of $38.23 was recorded on 05/24/22. SMA at 50 days reached $48.10, while 200 days put it at $48.31. A total of 0.8 million shares were traded, compared to the trading of 0.73 million shares in the previous session.
Levels Of Support And Resistance For PFGC Stock
The 24-hour chart illustrates a support level at 51.10, which if violated will result in even more drops to 50.47. On the upside, there is a resistance level at 52.38. A further resistance level may holdings at 53.02. The Relative Strength Index (RSI) on the 14-day chart is 61.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.52, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.19%. Stochastics %K at 77.28% indicates the stock is a holding.
How much short interest is there in Performance Food Group Company?
A steep rise in short interest was recorded in Performance Food Group Company stocks on Jul 14, 2022, dropping by -1.9 million shares to a total of 5.77 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 7.67 million shares. There was a decline of -32.93%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 4.32% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.19.
Performance Food Group Company [PFGC] – Who Are The Largest Shareholders?
In filings from The Vanguard Group, Inc., it is revealed that the company now owns 14,533,637 shares, or roughly 9.36% of the outstanding PFGC shares. In other words, the investor’s shares have fallen by -147,278 from its previous 13-F filing of 14680915.0. Additionally, Wellington Management Co. LLP increased 6.57% of its stake after which the total value it holdings stand at $608,685,854, while BlackRock Fund Advisors reduced -21.85% of its stake to hold $516.0 million in the firm. Over the last quarter, Fidelity Management & Research Co purchased 3,131,660 shares of Performance Food Group Company, while ClearBridge Investments LLC bought -60,588 shares. At present, William Blair Investment Manageme is holding 4,868,885 shares valued at $209.12 million. JPMorgan Investment Management, I owned 4,670,682 shares of the company at the time of its most recent 13F filing, worth $200.61 million.
The most recent change occurred on February 01, 2022 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $61 price target.