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Insider Trends: ConAgra Brands Insider Extends 90-Day Selling Trend

05/07/2021 17:15

09:02 PM EDT, 05/07/2021 (MT Newswires) -- Jana Partners Llc, Director, on May 06, 2021, sold 2,811,853 shares in ConAgra Brands (CAG) for $105,725,673. Subsequent to the Form 4 filing with the SEC, Jana Partners owns 8,051,004 shares of the company, which have a market value of $307 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 9 insider transactions reported to the SEC for ConAgra Brands. These transactions came from the activities of 6 individual insiders that resulted in a net disposition of 31,248 company shares. This compares with the preceding 90-day window of time where there were 5 transactions from 5 insiders which resulted in the net acquisition of 139,593 shares.

This is below the average for insider transactions in the 45-company Food Processing peer group over the last 90-day period. Activity in the peer group averaged 120.8 transactions per company, and disposition of 185,297 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/23217/000090266421002656/xslF345X03/ownership.xml

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