Markets

Insiders Seeing Green With PFGC At New 52-Week High

Shutterstock photo
Shutterstock photo

Shutterstock photo

In trading on Thursday, shares of Performance Food Group Co (Symbol: PFGC) touched a new 52-week high of $29.10/share. That's a 45.86% rise, or $9.15 per share from the 52-week low of $19.95 set back on 12/02/2016. That means at today's intraday high, any investor who purchased PFGC stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, PFGC has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/11/2016 James D. Hope See Remarks 20,833 $24.19 $503,950.27
11/11/2016 David E. Flitman See Remarks 46,700 $24.34 $1,136,678.00
11/18/2016 James D. Hope See Remarks 9,600 $22.76 $218,496.00

The chart below shows where PFGC has traded over the past year, with the 50-day and 200-day moving averages included.

Performance Food Group Co Moving Averages Chart

In afternoon trading on Thursday, PFGC shares are changing hands at $28.95/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

PFGC