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

Smithfield Foods, Inc (NASDAQ:SFD) CEO Charles Shane Smith acquired 30,000 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The stock was bought at an average price of $20.00 per share, with a total value of $600,000.00. Following the acquisition, the chief executive officer now directly owns 120,000 shares in the company, valued at $2,400,000. This represents a 33.33 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Smithfield Foods Trading Down 1.6 %

SFD traded down $0.35 on Friday, hitting $21.44. 355,004 shares of the company 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.

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.