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The Potential Rise in the Price of Performance Food Group Company (PFGC) following insiders activity

Performance Food Group Company’s recently made public that its insider Hoskins Craig Howard unloaded Company’s shares for reported $1.73 million on Dec 20 ’24. In the deal valued at $84.60 per share,20,496 shares were sold. As a result of this transaction, Hoskins Craig Howard now holds 172,372 shares worth roughly $14.5 million.

Then, Hagerty Patrick T. sold 3,000 shares, generating $266,469 in total proceeds. Upon selling the shares at $88.82, the insider now owns 146,987 shares.

Before that, Hoskins Craig Howard sold 20,496 shares. Performance Food Group Company shares valued at $1,809,387 were divested by the insider at a price of $88.28 per share. As a result of the transaction, Hoskins Craig Howard now holds 192,868 shares, worth roughly $16.23 million.

Melius initiated its Performance Food Group Company [PFGC] rating to a Hold in a research note published on December 18, 2024; the price target was $95. Deutsche Bank started covering the stock on October 19, 2023. It rated PFGC as “a Buy”.

Price Performance Review of PFGC

On Monday, Performance Food Group Company [NYSE:PFGC] saw its stock fall -0.30% to $84.14. Over the last five days, the stock has lost -4.96%. Performance Food Group Company shares have risen nearly 21.68% since the year began. Nevertheless, the stocks have risen 22.33% over the past one year. While a 52-week high of $92.44 was reached on 12/05/24, a 52-week low of $61.60 was recorded on 07/09/24. SMA at 50 days reached $85.28, while 200 days put it at $74.56.

Levels Of Support And Resistance For PFGC Stock

The 24-hour chart illustrates a support level at 83.33, which if violated will result in even more drops to 82.52. On the upside, there is a resistance level at 84.70. A further resistance level may holdings at 85.26. The Relative Strength Index (RSI) on the 14-day chart is 38.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.72%. Stochastics %K at 7.79% indicates the stock is a buying.

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 2024-11-29, dropping by -0.22 million shares to a total of 2.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.62 million shares. There was a decline of -9.15%, which implies that there is a negative sentiment for the stock.

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