Keeping an Eye on Smithfield Foods, Inc (SFD) After Insider Trading Activity

Smithfield Foods, Inc’s filing revealed that its Chief Business Officer Watts Keller D. acquired Company’s shares for reported $0.1 million on Jun 12 ’25. In the deal valued at $23.62 per share,4,291 shares were bought. As a result of this transaction, Watts Keller D. now holds 71,024 shares worth roughly $1.7 million.

Then, WH Group Ltd/ADR sold 2,506,936 shares, generating $50,138,720 in total proceeds. Upon selling the shares at $20.00, the 10% Owner now owns 364,518,817 shares.

Before that, He Hank Shenghua bought 17,000 shares. Smithfield Foods, Inc shares valued at $340,000 were divested by the Director at a price of $20.00 per share. As a result of the transaction, He Hank Shenghua now holds 77,000 shares, worth roughly $1.84 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 1.44% to $23.90. Over the last five days, the stock has gained 3.55%. Smithfield Foods, Inc shares have risen nearly 20.99% since the year began.

Levels Of Support And Resistance For SFD Stock

The 24-hour chart illustrates a support level at 23.66, which if violated will result in even more drops to 23.42. On the upside, there is a resistance level at 24.06. A further resistance level may holdings at 24.23.

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.

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