New insider activity at Freshpet ( (FRPT) ) has taken place on March 8, 2025.
Walter George, the Corporate Vice President and President of AIPC, has made a significant investment in Freshpet by purchasing 500 shares of its stock. This transaction is valued at $47,675, indicating a strong vote of confidence in the company’s future prospects.
Recent Updates on FRPT stock
In the last 24 hours, Freshpet has experienced several price target adjustments from various firms following its Q4 earnings report. Truist lowered its price target due to a Q4 earnings miss and a slowdown in the pet food category, though it acknowledged Freshpet’s effective management of supply chain constraints. Jefferies upgraded Freshpet to a Buy rating, citing strong Q4 results and a promising outlook, driven by pet premiumization and expanding margins. TD Cowen also lowered its target, attributing the change to lighter-than-expected Q4 sales and conservative 2025 sales guidance, but viewed the market’s reaction as an overreaction to a temporary slump in the dog food category. Baird reduced its target following a perceived overreaction to Freshpet’s CAGNY presentation. Despite these adjustments, Freshpet’s strong 2024 financial performance and positive long-term outlook, including significant sales growth and margin improvements, were highlighted.
More about Freshpet
YTD Price Performance: -36.89%
Average Trading Volume: 984,087
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.68B