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

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

Smithfield Foods Trading Down 2.0 %

Shares of NASDAQ:SFD traded down $0.44 during 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 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.