Conagra Foods Inc /de/ (CAG): William G Jurgensen , director of Conagra Foods Inc /de/ sold 4,636 shares on Jul 8, 2016. The Insider selling transaction was reported by the company on Jul 8, 2016 to the Securities and Exchange Commission. The shares were sold at $47.88 per share for a total value of $221,971.69 , 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 8, 2016, Steven F Goldstone (director) sold 41,470 shares at $48.04 per share price.On Jul 8, 2016, Stephen G Butler (director) sold 4,607 shares at $48.10 per share price.Also, On Jul 7, 2016, John Gehring (EVP and CFO) sold 159,057 shares at $48.14 per share price.On Jul 7, 2016, Robert G Wise (SVP, Corporate Controller) sold 36,654 shares at $48.16 per share price.
Shares of ConAgra Foods Inc (CAG) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.66 points or -1.36% at $47.73 with 41,38,636 shares getting traded. Post opening the session at $48.18, the shares hit an intraday low of $47.72 and an intraday high of $48.38 and the price vacillated in this range throughout the day. The company has a market cap of $20,830 M and the number of outstanding shares has been calculated to be 43,64,14,920 shares. The 52-week high of ConAgra Foods Inc is $48.81 and the 52-week low is $37.97.
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.