Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Freshpet Inc shares valued at $212,560 were purchased by Steeneck Craig D. on Feb 24 ’25. At $106.28 per share, Steeneck Craig D. acquired 2,000 shares. The insider’s holdings grew to 32,479 shares worth approximately $3.47 million following the completion of this transaction.
Also, MCLEVISH TIMOTHY R purchased 1,750 shares, netting a total of over 183,390 in proceeds. Following the buying of shares at $104.79 each, the insider now holds 28,608 shares.
Before that, MCLEVISH TIMOTHY R had added 250 shares to its account. In a trade valued at $26,250, the Director bought Freshpet Inc shares for $105.00 each. Upon closing the transaction, the insider’s holdings increased to 250 shares, worth approximately $2.87 million.
As published in a research note from Jefferies on February 24, 2025, Freshpet Inc [FRPT] has been rated up from a Hold to a Buy and the price target has been revised to $150 from $155. Analysts at Redburn Atlantic upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late May. As of May 23, 2024, Deutsche Bank has initiated its “Buy” rating for FRPT. Earlier on March 11, 2024, Truist upgraded its rating. Their new recommendation was “a Buy” for FRPT stock which previously was a “a Hold”.
Analyzing FRPT Stock Performance
During the last five days, there has been a drop of approximately -18.14%. Over the course of the year, Freshpet Inc shares have dropped approximately -27.84%. Shares of the company reached a 52-week high of $164.07 on 01/30/25 and a 52-week low of $97.48 on 02/21/25. A 50-day SMA is recorded $143.31, while a 200-day SMA reached $137.30. Nevertheless, trading volume fell to 1.73 million shares from 2.31 million shares the previous day.
Support And Resistance Levels for Freshpet Inc (FRPT)
According to the 24-hour chart, there is a support level at 105.32, which, if violated, would cause prices to drop to 103.75. In the upper region, resistance lies at 109.48. The next price resistance is at 112.07. RSI (Relative Strength Index) is 23.99 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -17.11, which suggests the price will decrease in the coming days. Percent R is at 82.55%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
