Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Smithfield Foods, Inc shares valued at $50,138,720 were sold by WH Group Ltd/ADR on Feb 20 ’25. At $20.00 per share, WH Group Ltd/ADR sold 2,506,936 shares. The insider’s holdings dropped to 364,518,817 shares worth approximately $8.71 billion following the completion of this transaction.
Also, He Hank Shenghua purchased 17,000 shares, netting a total of over 340,000 in proceeds. Following the buying of shares at $20.00 each, the insider now holds 77,000 shares.
Before that, Checkovich Tennille J. had added 2,000 shares to its account. In a trade valued at $40,000, the Chief Legal Officer bought Smithfield Foods, Inc shares for $20.00 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $0.29 million.
Analysts at HSBC Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of February 24, 2025, UBS has initiated its “Buy” rating for SFD. Earlier on February 24, 2025, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for SFD stock.
Analyzing SFD Stock Performance
On last trading session,, Smithfield Foods, Inc [NASDAQ: SFD] rose 1.23% to $23.90. The stock’s lowest price that day was $23.42, but it reached a high of $23.97 in the same session. During the last five days, there has been a surge of approximately 4.32%. Over the course of the year, Smithfield Foods, Inc shares have jumped approximately 21.01%.
Support And Resistance Levels for Smithfield Foods, Inc (SFD)
RSI (Relative Strength Index) is 67.14 on the 14-day chart, showing neutral technical sentiment.
Is Smithfield Foods, Inc subject to short interest?
Stocks of Smithfield Foods, Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.53 million shares to 1.13 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.66 million shares. A decline of -47.14% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.91 of the overall float, the days-to-cover ratio (short ratio) decline to 1.91.
Which companies own the most shares of Smithfield Foods, Inc (SFD)?
In terms of Smithfield Foods, Inc share price expectations, FactSet research, analysts set an average price target of 28.5 in the next 12 months, up nearly 20.71% from the previous closing price of $23.61. Analysts anticipate Smithfield Foods, Inc stock to reach 29 by 2025, with the lowest price target being 28. On February 24, 2025, Goldman assigned a price target of “a Buy” to the stock and initiated coverage with a $32.
