Pinnacle Foods Inc (NYSE:PF)’S Evp, Csc Officer F. Antonio Fernandez has sold, pursuant to a Rule 10b5-1 trading plan, 5,116 shares of common stock, at a weighted average price of $33.55 per share. Mr. Fernandez owns, following this transaction, 105,609 shares, in a direct form, at the company. Mr. Fernandez has sold shares of this stock in different occasion over the course of this year. During Q1, he sold 3,035 shares, at a Price of $ 28.98 per share, and during Q2, he sold, apart from the reported 5,116 shares, another 6,070 shares, at prices ranging from $ 29.91 to $ 35.40 per share.
With a $3.88 Billion Market Cap, this Company has attracted different funds. Yet, largest hedge fund investor at Pinnacle Foods Inc (NYSE:PF) John A. Levin’s Levin Capital Strategies, has lowered its stake by 15% over the last reported quarter. Never the less, the fund currently holds 4,677,930 shares, worth more than $139, which accounts for 2.34% of the fund’s Equity Portfolio.
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