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

Smithfield Foods, Inc (NASDAQ:SFD) Director Hank Shenghua He purchased 17,000 shares of Smithfield Foods 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 $340,000.00. Following the acquisition, the director now directly owns 77,000 shares of the company’s stock, valued at approximately $1,540,000. This trade represents a 28.33 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Smithfield Foods Stock Down 1.3 %

Shares of SFD 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.

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.