Freshpet, Inc. $FRPT Shares Sold by Deepwater Asset Management LLC

Posted by George Bondi on Jun 8th, 2026

Deepwater Asset Management LLC lessened its position in Freshpet, Inc. (NASDAQ:FRPT – Free Report) by 16.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 158,792 shares of the company’s stock after selling 31,509 shares during the period. Freshpet comprises about 2.8% of Deepwater Asset Management LLC’s holdings, making the stock its 15th biggest position. Deepwater Asset Management LLC’s holdings in Freshpet were worth $9,675,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Signaturefd LLC raised its position in shares of Freshpet by 143.0% in the fourth quarter. Signaturefd LLC now owns 503 shares of the company’s stock valued at $31,000 after buying an additional 296 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Freshpet by 55.0% in the third quarter. Parallel Advisors LLC now owns 555 shares of the company’s stock valued at $31,000 after buying an additional 197 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Freshpet by 445.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 529 shares of the company’s stock valued at $32,000 after buying an additional 432 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in shares of Freshpet in the fourth quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Freshpet by 1,388.2% in the second quarter. EverSource Wealth Advisors LLC now owns 506 shares of the company’s stock valued at $34,000 after buying an additional 472 shares during the last quarter.

Freshpet Price Performance

FRPT opened at $49.74 on Monday. The company has a quick ratio of 5.26, a current ratio of 6.18 and a debt-to-equity ratio of 0.34. Freshpet, Inc. has a 52-week low of $46.45 and a 52-week high of $86.00. The company has a 50 day moving average of $57.86 and a two-hundred day moving average of $63.93. The company has a market cap of $2.44 billion, a P/E ratio of 13.30 and a beta of 1.63.

Insider Activity at Freshpet

In other Freshpet news, CEO William B. Cyr sold 42,495 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $51.03, for a total transaction of $2,168,519.85. Following the completion of the sale, the chief executive officer directly owned 224,459 shares in the company, valued at $11,454,142.77. The trade was a 15.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Craig D. Steeneck acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average price of $47.83 per share, with a total value of $95,660.00. Following the completion of the purchase, the director owned 37,500 shares of the company’s stock, valued at $1,793,625. This trade represents a 5.63% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 4,211 shares of company stock valued at $215,027 and have sold 235,262 shares valued at $11,664,591. 4.30% of the stock is owned by insiders.

Analysts Set New Price Targets

FRPT has been the subject of a number of analyst reports. Stifel Nicolaus set a $66.00 price objective on shares of Freshpet in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $63.00 price objective on shares of Freshpet in a research report on Thursday, May 7th. Bank of America cut their price objective on shares of Freshpet from $80.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Weiss Ratings lowered shares of Freshpet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 1st. Finally, DA Davidson boosted their target price on shares of Freshpet from $98.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 13th. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $74.88.

View Our Latest Stock Report on Freshpet

Freshpet Profile

(Free Report)

Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.

Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.