In a filing, Freshpet Inc revealed 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 $13.17 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 $13.17 million.
Jefferies upgraded its Freshpet Inc [FRPT] rating to a Buy from a a Hold in a research note published on February 24, 2025; the price target was decreased to $150 from $155. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who increased its forecast for the stock in late May from “a Neutral” to “a Buy”. Deutsche Bank began covering FRPT with “Buy” recommendation on May 23, 2024. Truist revised its rating on March 11, 2024. It rated FRPT as “a Buy” which previously was an “a Hold”.
Price Performance Review of FRPT
On Friday, Freshpet Inc [NASDAQ:FRPT] saw its stock jump 7.28% to $107.58. Over the last five days, the stock has lost -17.00%. Freshpet Inc shares have fallen nearly -27.36% since the year began. Nevertheless, the stocks have risen 20.52% over the past one year. While a 52-week high of $164.07 was reached on 01/30/25, a 52-week low of $89.15 was recorded on 02/21/25. SMA at 50 days reached $144.91, while 200 days put it at $137.43.
Levels Of Support And Resistance For FRPT Stock
The 24-hour chart illustrates a support level at 103.70, which if violated will result in even more drops to 99.81. On the upside, there is a resistance level at 111.21. A further resistance level may holdings at 114.83. The Relative Strength Index (RSI) on the 14-day chart is 24.30, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -26.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.94%. Stochastics %K at 8.73% indicates the stock is a buying.
The most recent change occurred on February 01, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $94 price target.
