Royce & Associates LP Has $5.06 Million Stock Holdings in Freshpet, Inc. $FRPT

Royce & Associates LP lifted its position in shares of Freshpet, Inc. (NASDAQ:FRPT – Free Report) by 62.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,019 shares of the company’s stock after purchasing an additional 31,759 shares during the period. Royce & Associates LP owned 0.17% of Freshpet worth $5,058,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. State of Wyoming acquired a new position in shares of Freshpet during the 2nd quarter worth about $34,000. Signaturefd LLC increased its stake in shares of Freshpet by 143.0% during the 4th quarter. Signaturefd LLC now owns 503 shares of the company’s stock worth $31,000 after purchasing an additional 296 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Freshpet by 1,388.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 506 shares of the company’s stock worth $34,000 after purchasing an additional 472 shares during the last quarter. Ossiam increased its stake in shares of Freshpet by 81.1% during the 2nd quarter. Ossiam now owns 509 shares of the company’s stock worth $35,000 after purchasing an additional 228 shares during the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new position in shares of Freshpet during the 4th quarter worth about $32,000.

Get Freshpet alerts:

Freshpet Stock Performance

Shares of FRPT stock opened at $51.60 on Friday. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 13.80 and a beta of 1.73. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.26 and a current ratio of 6.18. The company has a 50-day simple moving average of $59.13 and a 200 day simple moving average of $64.03. Freshpet, Inc. has a 52 week low of $46.45 and a 52 week high of $86.00.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Freshpet from $78.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings restated a “hold (c)” rating on shares of Freshpet in a research note on Monday, April 20th. Morgan Stanley restated an “overweight” rating and set a $77.00 price objective on shares of Freshpet in a research note on Thursday, May 7th. Piper Sandler lifted their target price on shares of Freshpet from $80.00 to $87.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Finally, TD Cowen raised shares of Freshpet from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a report on Wednesday, April 8th. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $74.88.

Read Our Latest Research Report on FRPT

Insider Activity

In related news, Director Craig D. Steeneck bought 2,000 shares of Freshpet stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average price of $47.83 per share, with a total value of $95,660.00. Following the acquisition, the director owned 37,500 shares of the company’s stock, valued at approximately $1,793,625. This represents a 5.63% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William B. Cyr sold 42,495 shares of Freshpet stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $51.03, for a total transaction of $2,168,519.85. Following the sale, the chief executive officer directly owned 224,459 shares of the company’s stock, valued at $11,454,142.77. The trade was a 15.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have purchased 4,211 shares of company stock valued at $215,027 and have sold 235,262 shares valued at $11,664,591. Insiders own 4.43% of the company’s stock.

About Freshpet

(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.

Featured Stories

• Five stocks we like better than Freshpet
• Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
• Salesforce Stock Finds Support as AI Momentum Builds
• Dollar Tree Keeps Winning After Family Dollar Divorce
• Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet

Want to see what other hedge funds are holding FRPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Freshpet, Inc. (NASDAQ:FRPT – Free Report).

Receive News & Ratings for Freshpet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freshpet and related companies with MarketBeat.com's FREE daily email newsletter.