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Form 4 Oracle: Boston, MA -- Form4Oracle: Insider Trading Report: Smithfield Foods Inc (SFD)

Thu. July 10, 2008; Posted: 06:23 AM
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Jul 10, 2008 (M2 PRESSWIRE via COMTEX) -- SFD | Quote | Chart | News | PowerRating -- Several insiders at Smithfield Foods Inc (SFD) have reported buying more than $442.85K today as the stock was trading near its 52-week low:

- Schwieters John T, Director: reported buying $42.50K

- Fribourg Paul J, Director: reported buying $400.35K

Over the last four weeks insiders at Smithfield Foods Inc (SFD) have bought more than $468.12K:

- Trible Paul S Jr, Director: bought $8.42K increasing total holdings by 100%

- Goldberg Ray A, Director: bought $16.85K increasing total holdings by 100%

- Schwieters John T, Director: bought $42.50K increasing total holdings by 13%

- Fribourg Paul J, Director: bought $400.35K increasing total holdings by < 1%

For a current, real-time summary of SFD insider activity, visit http://www.form4oracle.com/company?cik=0000091388&ticker=SFD

About Form4Oracle

Form4Oracle, LLC specializes in distributing insider trading information published by the SEC, making it accessible and actionable for all types of investors. To learn more about how tracking insider trading activity can improve your investment returns, visit http://www.form4oracle.com.

About Smithfield Foods Inc

Smithfield Foods, Inc., together with its subsidiaries, engages in the processing of pork and production of hog in the United States and internationally. It offers fresh pork to retail customers as unprocessed, trimmed cuts, such as butts, loins, picnics, and ribs; and packaged meat products, including smoked and boiled hams, bacon, sausage, hot dogs, deli and luncheon meats, pepperoni, and dry meat products, as well as ready-to-eat, prepared foods, such as pre-cooked entrees, and pre-cooked bacon and sausage. The company also engages in the production of hogs; and turkey production and hatchery operations. Smithfield Foods sells its products to supermarket chains; wholesale distributors; the foodservice industry comprising fast food, restaurant, and hotel chains, as well as hospitals and other institutional customers; export markets; and other further processors. The company distributes its products through its sales force and independent commission brokers. Smithfield Foods was founded in 1961 and is based in Smithfield, Virginia.

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The companies referenced in this report have not approved the statements made in this report. This report contains statements that imply risks and uncertainties. This material is for informational reporting purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Form4Oracle is not a licensed broker, broker dealer, market maker, investment banker, investment adviser, analyst or underwriter and is not compensated in this regard.

Please consult your broker to understand investing benefits and risks and prior to purchasing any securities mentioned herein.

CONTACT: Kimberly Sutton, Form4Oracle Tel: +1 312 315 5077 e-mail: kimberly@form4oracle.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Smithfield Foods Inc (SFD) click here. Smithfield Foods Inc (SFD) has Short Term PowerRatings of 5. Details on Smithfield Foods Inc (SFD) Short Term PowerRatings is available at This Link.

    


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