ConAgra Foods (CAG) Sees Numerous Insider Buys

July 7, 2008 3:12 PM EDT

ConAgra Foods (NYSE: CAG) saw several insider transaction recently:

  • CEO, Gary Rodkin purchased 10,275 shares on 7/3 at a price of $19.59, bringing his stake to 226,100 shares.
  • CFO, Andre Hawaux purchased 3,400 shares on 7/3 at a price of $19.61, bringing his stake to 31,450 shares.
  • Senior Vice President, John Gehring purchased 2,500 shares on 7/3 at a price of $19.48, bringing his stake to 27,976 shares.
  • Senior Vice President, Peter Perez purchased 5,000 shares on 7/3 at a price of $19.53, bringing his stake to 44,495 shares.
ConAgra Foods, Inc. operates as a packaged food company. It offers consumer foods, including meals, entrees, condiments, sides, snacks, and desserts across frozen, refrigerated, and shelf-stable temperature classes to customers through grocery retailers, restaurants, and foodservice establishments.


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Comments

Conagra Stock Buys
murrowboy2 on Jul 10, 2008 06:01 PM

the 4 insiders who bought Cag stock recently were all active executives within the company. no member of the BOD (except CEO Rodkin) was listed as an acquirer. what does it tell you that Board members rely on their free stock gifts as perks--and keep their wallets locked in their pockets when it comes to buying Cag stock on the open market.


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