KD Logo

Performance Food Group Company (PFGC) may enjoy gains as insiders got busy in the recent days

Performance Food Group Company’s recent filing unveils that its insider Hagerty Patrick T. unloaded Company’s shares for reported $0.6 million on Aug 30 ’24. In the deal valued at $74.56 per share,8,000 shares were sold. As a result of this transaction, Hagerty Patrick T. now holds 162,987 shares worth roughly $13.18 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, PATRICK HAGERTY bought 8,000 shares, generating $596,400 in total proceeds.

Before that, McPherson Scott E sold 25,000 shares. Performance Food Group Company shares valued at $1,866,000 were divested by the insider at a price of $74.64 per share. As a result of the transaction, McPherson Scott E now holds 149,863 shares, worth roughly $12.12 million.

Deutsche Bank began covering PFGC with “Buy” recommendation on October 19, 2023. Morgan Stanley revised its rating on June 20, 2023. It rated PFGC as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of PFGC

On Friday, Performance Food Group Company [NYSE:PFGC] saw its stock fall -0.48% to $80.86. Over the last five days, the stock has lost -2.05%. Performance Food Group Company shares have risen nearly 16.93% since the year began. Nevertheless, the stocks have risen 37.99% over the past one year. While a 52-week high of $83.70 was reached on 10/17/24, a 52-week low of $57.39 was recorded on 07/09/24. SMA at 50 days reached $77.85, while 200 days put it at $72.33.

Levels Of Support And Resistance For PFGC Stock

The 24-hour chart illustrates a support level at 80.37, which if violated will result in even more drops to 79.87. On the upside, there is a resistance level at 81.69. A further resistance level may holdings at 82.51. The Relative Strength Index (RSI) on the 14-day chart is 54.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.67%. Stochastics %K at 20.69% 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 2024-10-15, dropping by 38581.0 shares to a total of 2.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.46 million shares. There was a decline of -1.59%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 23, 2022 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $60 price target.

Most Popular