Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Freshpet Inc shares valued at $24,916 were purchased by Fajemirokun-Beck Olufunlayo Ol on Feb 26 ’25. At $109.76 per share, Fajemirokun-Beck Olufunlayo Ol acquired 227 shares. The insider’s holdings grew to 7,805 shares worth approximately $0.75 million following the completion of this transaction.
Also, Steeneck Craig D. purchased 2,000 shares, netting a total of over 212,560 in proceeds. Following the buying of shares at $106.28 each, the insider now holds 32,479 shares.
Before that, MCLEVISH TIMOTHY R had added 1,750 shares to its account. In a trade valued at $183,390, the Director bought Freshpet Inc shares for $104.79 each. Upon closing the transaction, the insider’s holdings increased to 1,750 shares, worth approximately $2.75 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 -10.12%. Over the course of the year, Freshpet Inc shares have dropped approximately -35.14%. Shares of the company reached a 52-week high of $164.07 on 01/30/25 and a 52-week low of $93.53 on 03/05/25. A 50-day SMA is recorded $138.80, while a 200-day SMA reached $136.71.
Support And Resistance Levels for Freshpet Inc (FRPT)
According to the 24-hour chart, there is a support level at 94.22, which, if violated, would cause prices to drop to 92.38. In the upper region, resistance lies at 97.21. The next price resistance is at 98.36. RSI (Relative Strength Index) is 21.11 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -15.29, which suggests the price will decrease in the coming days. Percent R is at 93.68%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
