Charles Shane Smith Acquires 30,000 Shares of Smithfield Foods, Inc (NASDAQ:SFD) Stock

Smithfield Foods, Inc (NASDAQ:SFD) CEO Charles Shane Smith purchased 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The stock was bought at an average cost of $20.00 per share, for a total transaction of $600,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 120,000 shares in the company, valued at $2,400,000. The trade was a 33.33 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Smithfield Foods Trading Down 1.3 %

NASDAQ SFD opened at $21.50 on Friday. Smithfield Foods, Inc has a 52 week low of $19.10 and a 52 week high of $22.03.

Smithfield Foods Company Profile

Smithfield Foods, Inc produces and markets a variety of fresh meat and packaged meats products both domestically and internationally. The Company operates in four segments: Pork, Hog Production, International and Corporate, each of which consists of a number of subsidiaries, joint ventures and other investments.