Smithfield Foods, Inc (NASDAQ:SFD) Major Shareholder Group Ltd/Adr Wh Sells 2,506,936 Shares

Smithfield Foods, Inc (NASDAQ:SFD) major shareholder Group Ltd/Adr Wh sold 2,506,936 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $20.00, for a total value of $50,138,720.00. Following the sale, the insider now owns 364,518,817 shares of the company’s stock, valued at approximately $7,290,376,340. This represents a 0.68 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Group Ltd/Adr Wh also recently made the following trade(s):

• On Wednesday, January 29th, Group Ltd/Adr Wh sold 13,043,479 shares of Smithfield Foods stock. The shares were sold at an average price of $20.00, for a total value of $260,869,580.00.

Smithfield Foods Trading Down 0.9 %

NASDAQ SFD opened at $21.10 on Monday. Smithfield Foods, Inc has a 52 week low of $19.10 and a 52 week 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.