Freshpet Inc’s recent filing unveils that its President Morris Scott James unloaded Company’s shares for reported $0.79 million on Dec 04 ’24. In the deal valued at $157.38 per share,5,000 shares were sold. As a result of this transaction, Morris Scott James now holds 122,380 shares worth roughly $ 15.86 million.
Then, Morris Scott James bought 5,000 shares, generating $786,875 in total proceeds.
Before that, Morris Scott James sold 10,000 shares. Freshpet Inc shares valued at $1,574,500 were divested by the President at a price of $157.45 per share. As a result of the transaction, Morris Scott James now holds 122,380 shares, worth roughly $15.86 million.
Redburn Atlantic upgraded its Freshpet Inc [FRPT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Truist also remained covering FRPT and has increased its forecast on March 11, 2024 with a “Buy” recommendation from previously “Hold” rating. Citigroup started covering the stock on February 01, 2024. It rated FRPT as “a Neutral”.
Price Performance Review of FRPT
On Friday, Freshpet Inc [NASDAQ:FRPT] saw its stock fall -1.28% to $129.61. Over the last five days, the stock has lost -11.89%. Freshpet Inc shares have fallen nearly -12.49% since the year began. Nevertheless, the stocks have risen 48.07% over the past one year. While a 52-week high of $164.07 was reached on 01/30/25, a 52-week low of $85.50 was recorded on 02/11/25. SMA at 50 days reached $148.80, while 200 days put it at $137.29.
Levels Of Support And Resistance For FRPT Stock
The 24-hour chart illustrates a support level at 126.48, which if violated will result in even more drops to 123.35. On the upside, there is a resistance level at 133.14. A further resistance level may holdings at 136.67. The Relative Strength Index (RSI) on the 14-day chart is 23.69, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.85%. Stochastics %K at 21.04% indicates the stock is a holding.
How much short interest is there in Freshpet Inc?
A steep rise in short interest was recorded in Freshpet Inc stocks on 2025-01-31, dropping by -0.4 million shares to a total of 4.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 4.51 million shares. There was a decline of -9.86%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 19, 2023 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $80 price target.
