Pinnacle Foods Inc. (PF): Craig D. Steeneck , EVP, CFO of Pinnacle Foods Inc. sold 20,683 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $43.58 per share for a total value of $901,323.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Mark L. Schiller (EVP, Div. Pres – NA Retail) sold 7,823 shares at $46.00 per share price.On Mar 15, 2016, Michael Kelley Maggs (EVP, Secretary, GC) sold 5,000 shares at $45.65 per share price.Also, On Aug 6, 2015, Muktesh Pant (director) purchased 20,000 shares at $45.48 per share price.On Jun 10, 2015, Antonio F. Fernandez (EVP, CSC Officer) sold 2,100 shares at $41.80 per share price.
Pinnacle Foods Inc: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Pinnacle Foods Inc which led to swings in the share price. The shares opened for trading at $43.71 and hit $44.11 on the upside , eventually ending the session at $43.92, with a gain of 0.64% or 0.28 points. The heightened volatility saw the trading volume jump to 10,16,218 shares. The 52-week high of the share price is $48.13 and the company has a market cap of $5,131 M . The 52-week low of the share price is at $38.32.
Pinnacle Foods Inc. is a manufacturer marketer and distributor of food products in North America. The Company’s products are sold through supermarkets grocery wholesalers and distributors mass merchandisers super centers convenience stores dollar stores drug stores and warehouse clubs in the United States and Canada as well as in military channels and foodservice locations. The Company operates through three segments: the Birds Eye Frozen segment the Duncan Hines Grocery segment and the Specialty Foods segment. The Birds Eye Frozen segment and the Duncan Hines Grocery segment which collectively represent its North America Retail operations include Birds Eye Birds Eye Voila! Van de Kamp’s Mrs. Paul’s Lender’s Celeste Hungry-Man and Aunt Jemima brands. The Duncan Hines Grocery Segment includes Duncan Hines Vlasic Log Cabin Armour Brooks and Nalley brand among others. Specialty Foods Segment consists of Snack Products and Foodservice and Private Label.