Versor Investments LP purchased a brand new stake in shares of Freshpet, Inc. (NASDAQ:FRPT – Free Report) through the third quarter, HoldingsChannel stories. The institutional investor purchased 2,197 shares of the corporate’s inventory, valued at roughly $300,000.
A number of different massive buyers have additionally just lately modified their holdings of the inventory. TimesSquare Capital Administration LLC elevated its place in shares of Freshpet by 38.2% through the third quarter. TimesSquare Capital Administration LLC now owns 199,592 shares of the corporate’s inventory valued at $27,298,000 after buying an extra 55,200 shares over the past quarter. Transcendent Capital Group LLC purchased a brand new place in Freshpet within the third quarter valued at $1,465,000. Atria Investments Inc grew its place in Freshpet by 5.5% within the third quarter. Atria Investments Inc now owns 5,049 shares of the corporate’s inventory valued at $691,000 after buying an extra 265 shares over the past quarter. Capital Efficiency Advisors LLP purchased a brand new place in Freshpet within the third quarter valued at $57,000. Lastly, M&G PLC grew its place in Freshpet by 2.9% within the third quarter. M&G PLC now owns 70,957 shares of the corporate’s inventory valued at $9,721,000 after buying an extra 2,027 shares over the past quarter.
Freshpet Buying and selling Down 0.6 %
Shares of NASDAQ FRPT opened at $150.00 on Friday. The corporate has a debt-to-equity ratio of 0.41, a present ratio of 4.72 and a fast ratio of three.91. The inventory has a market capitalization of $7.28 billion, a P/E ratio of 168.54 and a beta of 1.39. Freshpet, Inc. has a 1-year low of $68.14 and a 1-year excessive of $159.12. The enterprise has a fifty day transferring common worth of $140.98 and a 200 day transferring common worth of $131.97.
Freshpet (NASDAQ:FRPT – Get Free Report) final issued its quarterly earnings knowledge on Monday, November 4th. The corporate reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.10. The agency had income of $253.40 million through the quarter, in comparison with analysts’ expectations of $248.36 million. Freshpet had a return on fairness of three.67% and a internet margin of 4.75%. The agency’s quarterly income was up 26.3% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the enterprise posted ($0.15) EPS. Equities analysis analysts count on that Freshpet, Inc. will put up 0.87 EPS for the present fiscal 12 months.
Insider Shopping for and Promoting
In different Freshpet information, insider Thembeka Machaba offered 2,500 shares of the inventory in a transaction dated Thursday, November seventh. The inventory was offered at a mean worth of $153.85, for a complete worth of $384,625.00. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which will be accessed by way of the SEC web site. Additionally, EVP Stephen Macchiaverna offered 2,178 shares of the inventory in a transaction dated Thursday, September fifth. The shares had been offered at a mean worth of $140.01, for a complete worth of $304,941.78. Following the completion of the sale, the manager vp now owns 86,039 shares of the corporate’s inventory, valued at roughly $12,046,320.39. This commerce represents a 2.47 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. 3.70% of the inventory is at the moment owned by firm insiders.
Wall Avenue Analyst Weigh In
A number of equities analysts have commented on FRPT shares. Truist Monetary upped their worth goal on Freshpet from $160.00 to $170.00 and gave the corporate a “purchase” ranking in a analysis report on Tuesday, November fifth. Oppenheimer upped their worth goal on Freshpet from $155.00 to $180.00 and gave the corporate an “outperform” ranking in a analysis report on Thursday. TD Cowen upped their worth goal on Freshpet from $160.00 to $174.00 and gave the corporate a “purchase” ranking in a analysis report on Tuesday, November fifth. Stifel Nicolaus upped their worth goal on Freshpet from $155.00 to $165.00 and gave the corporate a “purchase” ranking in a analysis report on Wednesday, November sixth. Lastly, Wells Fargo & Firm upped their goal worth on Freshpet from $157.00 to $175.00 and gave the inventory an “obese” ranking in a report on Tuesday, November fifth. 4 funding analysts have rated the inventory with a maintain ranking and twelve have issued a purchase ranking to the corporate’s inventory. In response to MarketBeat, the corporate at the moment has a mean ranking of “Average Purchase” and a mean goal worth of $157.80.
View Our Newest Inventory Evaluation on FRPT
Freshpet Profile
Freshpet, Inc, along with its subsidiaries, manufactures, distributes, and markets pure recent meals and treats for canines and cats in the USA, Canada, and Europe. It sells pet food, cat meals, and canine treats beneath the Freshpet model title; and Dognation and Canine Pleasure labels by way of numerous lessons of retail, together with grocery, mass, membership, pet specialty, and pure, in addition to on-line.
Really useful Tales
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