Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Performance Food Group Company shares valued at $255,330 were sold by Bulmer Donald S. on Jan 02 ’25. At $85.11 per share, Bulmer Donald S. sold 3,000 shares. The insider’s holdings dropped to 53,754 shares worth approximately $4.61 million following the completion of this transaction.
Also, HOLM GEORGE L sold 35,436 shares, netting a total of over 2,990,382 in proceeds. Following the sale of shares at $84.39 each, the insider now holds 1,560,066 shares.
Before that, GEORGE HOLM had added 141,742 shares to its account. In a trade valued at $11,984,286, the Director bought Performance Food Group Company shares for $84.55 each.
As published in their initiating research note from Melius on December 18, 2024, Performance Food Group Company [PFGC] has been a Hold and the price target has been revised to $95. Earlier on October 19, 2023, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for PFGC stock.
Analyzing PFGC Stock Performance
During the last five days, there has been a surge of approximately 1.45%. Over the course of the year, Performance Food Group Company shares have jumped approximately 1.45%. Shares of the company reached a 52-week high of $85.93 on 01/08/25 and a 52-week low of $83.07 on 01/03/25. A 50-day SMA is recorded $85.73, while a 200-day SMA reached $75.00. Nevertheless, trading volume fell to 0.64 million shares from 1.13 million shares the previous day.
Support And Resistance Levels for Performance Food Group Company (PFGC)
According to the 24-hour chart, there is a support level at 83.99, which, if violated, would cause prices to drop to 82.21. In the upper region, resistance lies at 86.75. The next price resistance is at 87.72. RSI (Relative Strength Index) is 51.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.08, which suggests the price will decrease in the coming days. Percent R is at 48.04%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
