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.
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.
