Efficiency Meals Group govt sells $266,469 in inventory

The transactions had been carried out beneath a Rule 10b5-1 buying and selling plan, which Hagerty established on August 16, 2024. Following these transactions, Hagerty retains possession of 146,987 shares within the firm. The sale comes amid a powerful efficiency interval for PFGC, with the inventory posting a 28.86% return over the previous six months. For deeper insights into PFGC’s valuation and 10+ extra ProTips, entry the excellent Professional Analysis Report obtainable on InvestingPro. The sale comes amid a powerful efficiency interval for PFGC, with the inventory posting a 28.86% return over the previous six months. For deeper insights into PFGC’s valuation and 10+ extra ProTips, entry the excellent Professional Analysis Report obtainable on InvestingPro.

The transactions had been carried out beneath a Rule 10b5-1 buying and selling plan, which Hagerty established on August 16, 2024. Following these transactions, Hagerty retains possession of 146,987 shares within the firm.

In different latest information, Efficiency Meals Group (NYSE:PFGC) (PFG) has made important strides with adjustments to its govt management, upward revisions in earnings estimates, and sturdy fiscal Q1 2025 outcomes. PFG introduced a reshuffle in its high administration, with Scott McPherson taking up the function of President & Chief Working Officer, and Craig Hoskins transitioning to Government Vice President & Chief Growth Officer.

The monetary companies agency, Piper Sandler, has elevated its worth goal for PFG from $79 to $92, sustaining its Obese score on the inventory. This adjustment displays PFG’s up to date Fiscal 2025 steerage, which incorporates the affect of the just lately accomplished Cheney Brothers acquisition. The agency’s revised estimates for Fiscal 2025, Fiscal 2026, and preliminary Fiscal 2027 mirror the mixing of the acquisition into PFG’s monetary outlook.

Moreover, PFG reported its fiscal Q1 2025 monetary leads to an earnings convention name led by CEO George Holm and CFO Patrick Hatcher. The corporate supplied each GAAP and non-GAAP monetary measures, issuing forward-looking statements concerning future outcomes. These latest developments present buyers with a extra sturdy outlook for PFG, particularly following the Cheney Brothers acquisition.

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