A Brent King Sells 1,320 Shares of Performance Food Group (NYSE:PFGC) Stock

August 26, 2026 by InsiderTrades.com

Key Points

Insider Donald Bulmer sold 10,535 PFGC shares for approximately $1.12 million, reducing his direct holding by 16.25% to 54,291 shares.
Performance Food Group shares opened at $104.94, below the 50-day moving average of $110.14. The company narrowly missed quarterly EPS and revenue estimates, despite revenue increasing 6.7% year over year.
Analyst sentiment remains favorable, with an average “Moderate Buy” rating and a $126.90 price target; institutional investors own approximately 96.87% of the stock.

Performance Food Group Company (NYSE:PFGC - Get Free Report) insider A Brent King sold 1,320 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $105.29, for a total value of $138,982.80. Following the completion of the sale, the insider directly owned 44,216 shares of the company's stock, valued at approximately $4,655,502.64. This represents a 2.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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A Brent King also recently made the following trade(s):

On Friday, August 21st, A Brent King sold 1,178 shares of Performance Food Group stock. The stock was sold at an average price of $104.43, for a total value of $123,018.54.
On Thursday, August 20th, A Brent King sold 8,023 shares of Performance Food Group stock. The shares were sold at an average price of $104.21, for a total value of $836,076.83.
On Tuesday, August 18th, A Brent King sold 1,529 shares of Performance Food Group stock. The stock was sold at an average price of $104.64, for a total transaction of $159,994.56.
On Friday, June 12th, A Brent King sold 6,111 shares of Performance Food Group stock. The stock was sold at an average price of $105.00, for a total transaction of $641,655.00.
On Tuesday, June 9th, A Brent King sold 3,322 shares of Performance Food Group stock. The shares were sold at an average price of $100.00, for a total transaction of $332,200.00.
On Wednesday, June 10th, A Brent King sold 3,518 shares of Performance Food Group stock. The shares were sold at an average price of $100.00, for a total transaction of $351,800.00.
On Monday, June 1st, A Brent King sold 5,641 shares of Performance Food Group stock. The stock was sold at an average price of $96.63, for a total transaction of $545,089.83.

Performance Food Group Stock Down 0.8%

PFGC stock opened at $104.94 on Wednesday. The firm has a market cap of $16.53 billion, a PE ratio of 45.82, a PEG ratio of 1.36 and a beta of 0.91. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.67 and a current ratio of 1.51. The firm's 50 day moving average price is $110.14 and its 200-day moving average price is $98.43. Performance Food Group Company has a one year low of $80.82 and a one year high of $117.47.

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Performance Food Group (NYSE:PFGC - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The food distribution company reported $1.59 earnings per share for the quarter, missing the consensus estimate of $1.60 by ($0.01). The business had revenue of $18.03 billion during the quarter, compared to analysts' expectations of $18.11 billion. Performance Food Group had a return on equity of 15.15% and a net margin of 0.53%.The company's revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.84 earnings per share. On average, equities research analysts anticipate that Performance Food Group Company will post 5.58 EPS for the current year.

Hedge Funds Weigh In On Performance Food Group

Several hedge funds have recently bought and sold shares of PFGC. Goldman Sachs Group Inc. grew its position in Performance Food Group by 30.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 791,881 shares of the food distribution company's stock valued at $62,266,000 after acquiring an additional 184,066 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Performance Food Group during the first quarter worth about $359,000. EverSource Wealth Advisors LLC boosted its stake in shares of Performance Food Group by 440.2% in the second quarter. EverSource Wealth Advisors LLC now owns 659 shares of the food distribution company's stock valued at $58,000 after purchasing an additional 537 shares during the period. Marshall Wace LLP purchased a new position in shares of Performance Food Group in the second quarter valued at approximately $230,000. Finally, Qube Research & Technologies Ltd grew its holdings in shares of Performance Food Group by 499.5% in the second quarter. Qube Research & Technologies Ltd now owns 328,849 shares of the food distribution company's stock valued at $28,764,000 after purchasing an additional 273,997 shares in the last quarter. Institutional investors and hedge funds own 96.87% of the company's stock.

Wall Street Analysts Forecast Growth

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A number of analysts recently issued reports on PFGC shares. TD Cowen cut their price objective on Performance Food Group from $128.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, August 13th. Morgan Stanley upped their target price on shares of Performance Food Group from $120.00 to $131.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. Wells Fargo & Company increased their target price on shares of Performance Food Group from $115.00 to $130.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 14th. Weiss Ratings upgraded shares of Performance Food Group from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, August 13th. Finally, UBS Group reduced their price target on shares of Performance Food Group from $132.00 to $130.00 and set a "buy" rating on the stock in a research note on Friday, August 14th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $126.90.

View Our Latest Report on PFGC

Key Performance Food Group News

Here are the key news stories impacting Performance Food Group this week:

Positive Sentiment: Fiscal fourth-quarter sales rose 6.4% year over year to $18.03 billion, while total case volume increased 3.5% and organic case volume grew 1.8%. Net income also climbed 23.4% to $162.3 million, suggesting that growth was not driven solely by pricing. Performance Food sales and earnings article
Positive Sentiment: Analyst sentiment remains favorable. Citigroup raised its price target to $144, Wells Fargo increased its target to $130, and Deutsche Bank reiterated a buy rating at $133. The stock has a consensus “Moderate Buy” rating and an average target of $126.90, well above recent trading levels.
Positive Sentiment: Institutional ownership remains high at approximately 96.9%. Reported buying and position increases by California State Teachers’ Retirement System, BlackRock, Primecap Management, Norges Bank and Wellington Management could provide longer-term support for PFGC.
Neutral Sentiment: Performance Food Group announced the resignation of board member Scott... on August 24. The available report does not provide a reason, making the immediate effect on the company’s outlook unclear. Performance Food Group board resignation
Negative Sentiment: Multiple insiders sold shares during August 20–25. The largest disclosed transactions included Donald S. Bulmer selling 10,535 shares, Erika T. Davis selling 8,008 shares and A. Brent King selling 8,023 shares, followed by additional smaller sales. Although such transactions may reflect personal or compensation-related decisions, the clustered selling reduces insider ownership and may pressure near-term sentiment.
Negative Sentiment: Product-cost inflation reached approximately 4.7%, raising concerns about how much reported sales growth reflects pricing rather than underlying demand. In addition, the latest quarterly EPS and revenue results narrowly missed consensus estimates, while PFGC trades below its 50-day moving average and at a relatively elevated earnings multiple.

About Performance Food Group

(Get Free Report)

Performance Food Group Company (NYSE: PFGC) is a leading foodservice distribution company headquartered in Richmond, Virginia. The company operates through multiple segments, offering a broad range of products including fresh, frozen and dry foods, as well as non-food items such as supplies, paper goods and equipment. Performance Food Group serves a diverse customer base that encompasses independent and multi-unit restaurants, healthcare facilities, hospitality venues, schools, and other institutional customers.

Through its national broadline division, Performance Food Group provides next-day delivery of products sourced from both company-owned processing facilities and third-party suppliers.