Holm, Performance Food Group CEO, sells $3.7 million in PFGC stock

Published 03/09/2025, 22:18
Holm, Performance Food Group CEO, sells $3.7 million in PFGC stock

Performance Food Group Co (NYSE:PFGC) Chairman and CEO George L. Holm sold a total of 35,486 shares of common stock on September 2, 2025, for approximately $3.7 million. The sales occurred in multiple transactions with prices ranging from $103.58 to $105.10, near the stock’s 52-week high of $105.29. The company, with a market capitalization of $16.25 billion, has shown strong momentum with a 26.72% return over the past six months.

According to a Form 4 filing with the Securities and Exchange Commission, Holm sold 1,861 shares at a weighted average price of $103.58, for a total of $192,744. He also sold 29,106 shares at a weighted average price of $104.47, for a total of approximately $3,039,904. Additionally, Holm sold 4,469 shares at a weighted average price of $105.10, for a total of $469,650. InvestingPro analysis suggests the stock is currently trading above its Fair Value, with 13 additional key insights available to subscribers.

On the same day, Holm exercised options to acquire 35,436 shares of Performance Food Group Co common stock at an exercise price of $19. The total value of the options exercised was $673284. For comprehensive insider trading analysis and detailed financial metrics, access the full Performance Food Group Pro Research Report 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. Truist Securities responded by raising its price target for the company to $118, while maintaining a Buy rating, citing the company’s solid guidance for fiscal year 2026. Guggenheim also increased its price target to $115, highlighting a strong fourth-quarter performance and an optimistic initial outlook for 2026. Despite these positive results, Performance Food Group has decided to remain independent, rejecting merger interest from US Foods.

Analysts from Piper Sandler upgraded the company to Overweight, reflecting confidence in Performance Food Group’s strategy execution and financial targets. Guggenheim reiterated its Buy rating, pointing to potential profit gains from procurement and productivity initiatives. Wells Fargo also raised its price target to $115, maintaining an Overweight rating due to the company’s better-than-expected earnings. These developments underscore the positive sentiment among analysts regarding Performance Food Group’s future prospects.

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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