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Davis, Performance Food Group EVP, sells $430k in shares

Published 03/09/2025, 22:14
Davis, Performance Food Group EVP, sells $430k in shares
PFGC
-1.51%
USFD
-0.15%

Erika T. Davis, Executive Vice President and Chief Human Resources Officer at Performance Food Group Co (NYSE:PFGC), sold 4,100 shares of common stock on September 2, 2025, for a total of $430,746. The sales were executed at a weighted average price of $105.06, with individual transactions ranging from $105.00 to $105.15. The transaction occurred as the stock trades near its 52-week high of $105.29, with InvestingPro data showing impressive returns of 27% over the past six months.

Following the transaction, Davis directly owns 46,541 shares of Performance Food Group Co . According to InvestingPro analysis, the company currently appears overvalued relative to its Fair Value, with a "GOOD" overall financial health score. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan established on February 27, 2025. For comprehensive insights and 13 additional ProTips about PFGC, explore the full Pro Research Report available on InvestingPro.

In other recent news, Performance Food Group has reported strong fourth-quarter fiscal 2025 results, with sales and adjusted EBITDA figures surpassing consensus expectations. This performance led Truist Securities to raise its price target for the company to $118, while maintaining a Buy rating. Additionally, Guggenheim increased its price target to $115, citing a robust fourth-quarter report and a positive initial outlook for 2026. Wells Fargo also adjusted its price target to $115, maintaining an Overweight rating due to the company’s strong earnings performance.

Piper Sandler upgraded Performance Food Group’s stock rating to Overweight, highlighting the company’s effective strategy execution and long-term financial targets. Guggenheim reiterated its Buy rating, emphasizing potential profit gains through procurement and productivity initiatives. Meanwhile, Performance Food Group has opted to remain independent, rejecting merger interest from US Foods. These recent developments reflect the company’s solid financial standing and strategic choices.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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