Freshpet, Inc. (NASDAQ:FRPT) CFO Richard A. Kassar sold 15,125 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $17.92, for a total transaction of $271,040.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Freshpet, Inc. (NASDAQ FRPT) traded down $0.10 on Friday, reaching $18.10. 285,307 shares of the company were exchanged, compared to its average volume of 255,960. Freshpet, Inc. has a 1-year low of $8.60 and a 1-year high of $18.55.

Freshpet (NASDAQ:FRPT) last released its quarterly earnings results on Monday, November 6th. The company reported ($0.01) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.01). The business had revenue of $41.20 million during the quarter, compared to analyst estimates of $41.19 million. Freshpet had a negative net margin of 3.04% and a negative return on equity of 4.19%. The business’s revenue was up 19.4% on a year-over-year basis. During the same period last year, the business earned $0.02 EPS. equities analysts anticipate that Freshpet, Inc. will post -0.11 earnings per share for the current year.

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A number of equities analysts have weighed in on FRPT shares. Zacks Investment Research raised shares of Freshpet from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Monday, July 24th. BidaskClub downgraded shares of Freshpet from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. SunTrust Banks, Inc. raised their target price on shares of Freshpet from $15.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, August 8th. Susquehanna Bancshares Inc started coverage on shares of Freshpet in a research note on Monday, October 2nd. They issued a “neutral” rating and a $15.00 target price on the stock. Finally, Robert W. Baird set a $20.00 target price on shares of Freshpet and gave the company a “buy” rating in a research note on Sunday, October 15th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. Freshpet currently has a consensus rating of “Hold” and a consensus target price of $18.36.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. grew its holdings in Freshpet by 10.2% during the 2nd quarter. Alliancebernstein L.P. now owns 2,537,586 shares of the company’s stock worth $42,124,000 after acquiring an additional 233,847 shares in the last quarter. Gilder Gagnon Howe & Co. LLC grew its holdings in Freshpet by 117.1% during the 3rd quarter. Gilder Gagnon Howe & Co. LLC now owns 1,682,510 shares of the company’s stock worth $26,331,000 after acquiring an additional 907,644 shares in the last quarter. Vanguard Group Inc. grew its holdings in Freshpet by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 1,095,224 shares of the company’s stock worth $18,181,000 after acquiring an additional 37,762 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Freshpet by 7.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,062,292 shares of the company’s stock worth $16,573,000 after acquiring an additional 73,182 shares in the last quarter. Finally, Emerald Advisers Inc. PA grew its holdings in Freshpet by 27.1% during the 3rd quarter. Emerald Advisers Inc. PA now owns 860,124 shares of the company’s stock worth $13,461,000 after acquiring an additional 183,620 shares in the last quarter. 68.29% of the stock is owned by institutional investors and hedge funds.

About Freshpet

Freshpet, Inc is a manufacturer of fresh, refrigerated pet food distributed across North America. The Company operates in the segment of manufacturing, marketing and distribution of pet food and pet treats for dogs and cats. The Company’s products consist of dog food, cat food, and dog and cat treats.

Insider Buying and Selling by Quarter for Freshpet (NASDAQ:FRPT)

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