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Pittsburg Today
By the People, for the People
Pilgrim's Pride CFO Sells Over $300K in Shares
Matthew Galvanoni reduces stake by 7% amid mixed market sentiment for the poultry producer
Published on Mar. 5, 2026
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Pilgrim's Pride Corporation CFO Matthew Galvanoni sold 6,963 shares of the company's stock on February 18th at an average price of $43.52, raising about $303,030 and reducing his stake by 7.08% to 91,397 shares (worth approximately $3.98 million). The company recently missed quarterly earnings expectations but beat revenue estimates, and the stock trades near $40.98 with a 52-week range of $35.73–$56.88 and a P/E of 9.03.
Why it matters
This insider sale by Pilgrim's Pride's CFO comes amid mixed market sentiment for the poultry producer, with the stock price trading below its 52-week high. The transaction provides insight into the company's financial performance and the CFO's outlook on the stock.
The details
Matthew Galvanoni, the CFO of Pilgrim's Pride Corporation, sold 6,963 shares of the company's stock on February 18th. The shares were sold at an average price of $43.52, resulting in a total transaction of $303,029.76. Following the completion of the transaction, Galvanoni now directly owns 91,397 shares in the company, valued at approximately $3,977,597.44. This represents a 7.08% decrease in his ownership of the stock.
- On February 18th, 2026, Matthew Galvanoni sold 6,963 shares of Pilgrim's Pride stock.
The players
Matthew Galvanoni
The Chief Financial Officer of Pilgrim's Pride Corporation.
Pilgrim's Pride Corporation
A leading poultry producer in the United States and Mexico, and a wholly owned subsidiary of JBS SA.
The takeaway
This insider sale by Pilgrim's Pride's CFO highlights the mixed market sentiment surrounding the company, as it recently missed earnings expectations despite beating revenue estimates. The transaction provides insight into the CFO's outlook on the stock and the company's financial performance.

