ConAgra Foods Inc. (NYSE:CAG) revealed today in a
Form 4 filing with the SEC that President & CEO Gary Rodkin purchased 75,000 shares on the open market in a transaction valued at over $1.8 million. The company also
revealed that their Executive Vice President of Legal & External Affairs purchased a total of 11,000 shares in a transaction valued at almost $270,000. These transactions are worth noting because two key executives purchased a significant amount of shares on the same day, which could indicate that a favorable event is in the company's future.
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