Conagra Foods Inc /de/ (CAG) Files Form 4 Insider Selling : Robert G Wise Sells 15,708 Shares

Conagra Foods Inc /de/ (CAG): Robert G Wise , SVP, Corporate Controller of Conagra Foods Inc /de/ sold 15,708 shares on Jul 15, 2016. The Insider selling transaction was reported by the company on Jul 19, 2016 to the Securities and Exchange Commission. The shares were sold at $47.90 per share for a total value of $752,366.06 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 18, 2016, Robert G Wise (SVP, Corporate Controller) sold 17,245 shares at $48.19 per share price.On Jul 8, 2016, Rajive Johri (director) sold 15,000 shares at $47.53 per share price.Also, On Jul 8, 2016, William G Jurgensen (director) sold 4,636 shares at $47.88 per share price.On Jul 8, 2016, Steven F Goldstone (director) sold 41,470 shares at $48.04 per share price.

ConAgra Foods Inc: On Monday, Jul 18, 2016 heightened volatility was witnessed in ConAgra Foods Inc which led to swings in the share price. The shares opened for trading at $48.04 and hit $48.25 on the upside , eventually ending the session at $48.06, with a gain of 0.17% or 0.08 points. The heightened volatility saw the trading volume jump to 16,00,562 shares. The 52-week high of the share price is $48.81 and the company has a market cap of $20,974 M . The 52-week low of the share price is at $37.97.

ConAgra Foods Inc Money Flow Index Chart

On Jul 12, 2016, ConAgra Foods Inc announced a cash dividend of $0.2500. The company’s management has announced Jul 27, 2016 as the ex-dividend date and fixed the record date on Jul 29, 2016. The payable date has been fixed on Aug 31, 2016.

Company has been under the radar of several Street Analysts.ConAgra Foods Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 50 from a previous price target of $48 .The Rating was issued on Jul 1, 2016.

ConAgra Foods Inc. operates as a packaged food company. The Company offers branded and private branded food to households as well as commercial foods which serves various restaurants and foodservice operations. The Company operates in three segments: Consumer Foods Commercial Foods and Private Brands. Its brands include Banquet Chef Boyardee Egg Beaters Healthy Choice Hebrew National Hunt’s Marie Callender’s Orville Redenbacher’s PAM Peter Pan Reddi-wip Slim Jim and Snack Pack among others. The Company sells its products under private brand labels in grocery convenience mass merchandise club and drug stores. Additionally ConAgra Foods supplies frozen potato and sweet potato products as well as other vegetable spice bakery and grain products to restaurants commercial and foodservice customers. It has international manufacturing facilities in Argentina Mexico and interests in ownership of international manufacturing facilities in India and Mexico.

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