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

Smithfield Foods, Inc (NASDAQ:SFD) CEO Charles Shane Smith purchased 30,000 shares of the stock in a transaction dated Wednesday, January 29th. The stock was purchased 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 owns 120,000 shares of the company’s stock, valued at approximately $2,400,000. This represents a 33.33 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Smithfield Foods Trading Down 1.3 %

SFD stock opened at $21.50 on Friday. Smithfield Foods, Inc has a 1-year low of $19.10 and a 1-year high of $22.03.

About Smithfield Foods

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.