Smithfield Foods, Inc (NASDAQ:SFD) Major Shareholder Sells $50,138,720.00 in Stock

Smithfield Foods, Inc (NASDAQ:SFD) major shareholder Group Ltd/Adr Wh sold 2,506,936 shares of Smithfield Foods stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $20.00, for a total value of $50,138,720.00. Following the completion of the transaction, the insider now directly owns 364,518,817 shares in the company, valued at approximately $7,290,376,340. This represents a 0.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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 stock was sold at an average price of $20.00, for a total value of $260,869,580.00.

Smithfield Foods Stock Down 0.9 %

Smithfield Foods stock opened at $21.10 on Monday. Smithfield Foods, Inc has a one year low of $19.10 and a one year 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.