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

Smithfield Foods, Inc (NASDAQ:SFD) Director Hank Shenghua He acquired 17,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average price of $20.00 per share, with a total value of $340,000.00. Following the transaction, the director now owns 77,000 shares in the company, valued at $1,540,000. This represents a 28.33 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Smithfield Foods Trading Down 2.0 %

Shares of NASDAQ SFD traded down $0.44 during midday trading on Friday, reaching $21.35. 254,085 shares of the stock were exchanged, compared to its average volume of 2,176,727. Smithfield Foods, Inc has a 52-week low of $19.10 and a 52-week 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.