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Craig Howard Hoskins, Executive Vice President and Chief Development Officer of Performance Food Group Co (NYSE:PFGC), recently sold shares of the company in a transaction disclosed in an SEC filing. On May 22, Hoskins sold a total of 14,285 shares of common stock, with the sale price ranging from $83.69 to $84.49 per share. The transaction comes as PFGC, a prominent player in the Consumer Staples Distribution & Retail industry with a market capitalization of $13.2 billion, trades near its 52-week high of $92.44. The total value of the transaction amounted to approximately $1,195,671. Following the sale, Hoskins retains ownership of 138,008 shares in the company. The transactions were conducted under a Rule 10b5-1 trading plan established earlier this year. According to InvestingPro analysis, PFGC currently trades at a P/E ratio of 34.9x, suggesting a premium valuation compared to its Fair Value. Investors seeking deeper insights can access comprehensive valuation metrics and 10 additional ProTips through InvestingPro’s detailed research report, available for over 1,400 US stocks.
In other recent news, Performance Food Group Co. reported its third-quarter earnings for 2025, revealing that it missed analysts’ expectations for both earnings per share (EPS) and revenue. The company posted an adjusted EPS of $0.79, falling short of the forecasted $0.89, and reported revenue of $15.31 billion, slightly below the expected $15.35 billion. Despite these setbacks, Performance Food Group experienced a 10.5% increase in net sales, driven by a 20% rise in independent restaurant cases. The company revised its net sales guidance for the fiscal year to a range between $63 billion and $63.5 billion, and it plans to expand its proprietary brands and e-commerce platform.
Additionally, Citi analysts initiated coverage on Performance Food Group with a Buy rating and a price target of $121.00, highlighting the company’s potential upside due to shifts in its foodservice and convenience segments. These shifts include a decrease in the sales of low-margin products and an increase in higher-margin foodservice sales. The analysts also noted the company’s potential for transformative mergers and acquisitions as a growth opportunity. Performance Food Group’s strategy to capitalize on evolving market dynamics is anticipated to positively impact its financial performance.
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