Brent King Sells Performance Food Group Shares Worth $641,655
Brent King, EVP at Performance Food Group, sold 6,111 shares on June 12, 2026.
Key Points
- Brent King, EVP of Performance Food Group, sold 6,111 shares for $641,655 on June 12, 2026.
- Performance Food Group trades at $104.07 with a market cap of $16.35 billion and a P/E ratio of 49.56.
- Analysts maintain a strong buy on PFGC, with Citigroup setting a price target of $135 on May 7, 2026.
Brent King, Executive Vice President, General Counsel and Secretary at Performance Food Group Company, sold 6,111 shares of the company on June 12, 2026. The shares were sold at an average price of $105 each, amounting to a total transaction value of $641,655. This transaction was part of a planned sale.
Insider Buying and Selling at Performance Food Group Company
Brent King wasn't the only insider making moves at Performance Food Group. On June 12, 2026, Erika Davis, Executive Vice President and Chief Human Resources Officer, also sold 1,750 shares at $105 each in a planned sale. Earlier, Brent King sold 3,518 shares on June 10 and 3,322 shares on June 9, both at $100 per share. Meanwhile, George Holm, Executive Chair, executed a non-planned purchase of 33,000 shares at $26.57 on June 4, followed by a planned sale of the same amount at $94.72.
Other Institutional Activity in Performance Food Group
Several institutional investors have adjusted their positions in Performance Food Group. Capital World Investors increased its holdings by 367,046 shares, reaching a total of 23,030,619 shares valued at about $1.97 billion. BlackRock, Inc. added 227,052 shares, bringing its total to 14,063,529 shares worth approximately $1.20 billion. FMR LLC boosted its position by 756,704 shares, ending with 11,751,044 shares valued at around $1.01 billion. JPMorgan Chase & Co significantly increased its stake by 3,813,888 shares to 7,608,552 shares, valued at $641.17 million. Vanguard Portfolio Management LLC acquired 6,875,614 shares, reaching a total of the same amount worth $588.97 million.
Performance Food Group Stock Snapshot
Shares of Performance Food Group (NYSE:PFGC) traded near $104.07. The company has a market capitalization of approximately $16.35 billion and a P/E ratio of 49.56. The stock's 52-week range is between $80.82 and $109.05. It has a 50-day moving average of $92.90 and a 200-day moving average of $94.98. The company's beta is 0.932, indicating its stock is slightly less volatile than the market. Performance Food Group has a current ratio of 1.52 and a quick ratio of 0.62.
Recent Earnings
Performance Food Group reported revenue of $63.35 billion, reflecting a growth of 6.4%. The company achieved a net margin of 0.52% and a return on equity of 7.25%. Earnings per share stood at $2.10. The next earnings report is scheduled for August 12, 2026.
Analysts Set New Price Targets
On May 7, 2026, Citigroup maintained its buy rating for Performance Food Group, setting a price target of $135. Barclays also maintained a buy rating with a $115 target on the same day. The consensus among analysts is a strong buy, with a mean target price of $119.42 based on 12 opinions.
About Performance Food Group
Performance Food Group Company, headquartered in Richmond, Virginia, is a major player in the food distribution industry, operating through its Foodservice, Convenience, and Specialty segments. The company offers a wide range of products including meats, frozen and refrigerated items, dry groceries, snacks, and beverages. It serves various clients such as restaurants, convenience stores, and vending distributors. Founded in 1885, Performance Food Group employs over 42,000 people and is led by CEO Scott E. McPherson.
Bottom Line
Brent King's sale of shares in Performance Food Group is part of a broader pattern of insider transactions at the company. Performance Food Group remains a significant player in food distribution, with strong institutional backing and positive analyst sentiment. Investors and analysts will be watching closely as the company approaches its next earnings announcement in August.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
