Smithfield Foods, Inc’s recently made public that its 10% Owner WH Group Ltd/ADR unloaded Company’s shares for reported $50.14 million on Feb 20 ’25. In the deal valued at $20.00 per share,2,506,936 shares were sold. As a result of this transaction, WH Group Ltd/ADR now holds 364,518,817 shares worth roughly $7.43 billion.
Then, He Hank Shenghua bought 17,000 shares, generating $340,000 in total proceeds. Upon buying the shares at $20.00, the Director now owns 77,000 shares.
Before that, Checkovich Tennille J. bought 2,000 shares. Smithfield Foods, Inc shares valued at $40,000 were divested by the Chief Legal Officer at a price of $20.00 per share. As a result of the transaction, Checkovich Tennille J. now holds 12,000 shares, worth roughly $0.24 million.
A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. UBS began covering SFD with “Buy” recommendation on February 24, 2025. Morgan Stanley started covering the stock on February 24, 2025. It rated SFD as “an Overweight”.
Price Performance Review of SFD
On Monday, Smithfield Foods, Inc [NASDAQ:SFD] saw its stock jump 0.79% to $20.39. Over the last five days, the stock has gained 4.03%. Smithfield Foods, Inc shares have risen nearly 3.24% since the year began.
Levels Of Support And Resistance For SFD Stock
The 24-hour chart illustrates a support level at 20.07, which if violated will result in even more drops to 19.74. On the upside, there is a resistance level at 20.64. A further resistance level may holdings at 20.88. The Relative Strength Index (RSI) on the 14-day chart is 55.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.39%. Stochastics %K at 87.76% indicates the stock is a selling.
How much short interest is there in Smithfield Foods, Inc?
A steep rise in short interest was recorded in Smithfield Foods, Inc stocks on 2025-03-14, dropping by -2.15 million shares to a total of 1.07 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.21 million shares. There was a decline of -201.42%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 24, 2025 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $32 price target.
