Miguel Patricio, the CEO of The Kraft Heinz Co. (NASDAQ: KHC), sold 259,958 shares of the company on May 16 for an average of $44.28 per share. The transaction has a total value of more than $11.5 million. After the sale, Patricio holds nearly 1.9 million shares of Kraft Heinz valued at over $84 million. Even though TipRanks has not provided an Insider Confidence Signal for KHC, you can check insider transactions for the stock here. Pennsylvania-based Kraft Heinz is one of the largest consumer packaged food and beverage companies in the world. It manufactures and sells condiments and sauces, dairy, meats, meals, refreshment beverages, coffee, and other grocery products.
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