Smithfield Foods, Inc (NASDAQ:SFD) Director Buys $340,000.00 in Stock

Smithfield Foods, Inc (NASDAQ:SFD) Director Hank Shenghua He purchased 17,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average price of $20.00 per share, for a total transaction 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. This represents a 28.33 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Smithfield Foods Price Performance

Shares of Smithfield Foods stock opened at $21.50 on Friday. 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.