Smithfield Foods, Inc (NASDAQ:SFD) Director Hank Shenghua He Acquires 17,000 Shares of Stock

Smithfield Foods, Inc (NASDAQ:SFDGet Free Report) Director Hank Shenghua He purchased 17,000 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The shares were bought at an average cost of $20.00 per share, with a total value of $340,000.00. Following the purchase, the director now directly owns 77,000 shares of the company’s stock, valued at approximately $1,540,000. This represents a 28.33 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Smithfield Foods Trading Down 1.6 %

Smithfield Foods stock traded down $0.35 during midday trading on Friday, hitting $21.44. 355,004 shares of the company’s stock were exchanged, compared to its average volume of 2,198,342. Smithfield Foods, Inc has a 12 month low of $19.10 and a 12 month high of $22.03.

About Smithfield Foods

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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.

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