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Freshpet Inc (FRPT) gets rating Downgrade from Oppenheimer

Freshpet Inc’s filing revealed that its Director MCLEVISH TIMOTHY R acquired Company’s shares for reported $0.15 million on Mar 14 ’25. In the deal valued at $88.47 per share,1,750 shares were bought. As a result of this transaction, MCLEVISH TIMOTHY R now holds 31,790 shares worth roughly $2.82 million.

Then, GEORGE WALTER N. bought 500 shares, generating $44,630 in total proceeds. Upon buying the shares at $89.26, the Director now owns 41,342 shares.

Before that, GEORGE WALTER N. bought 500 shares. Freshpet Inc shares valued at $47,675 were divested by the Director at a price of $95.35 per share. As a result of the transaction, GEORGE WALTER N. now holds 40,842 shares, worth roughly $3.63 million.

Oppenheimer downgraded its Freshpet Inc [FRPT] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late February from “a Hold” to “a Buy”. Redburn Atlantic also remained covering FRPT and has increased its forecast on May 23, 2024 with a “Buy” recommendation from previously “Neutral” rating. Deutsche Bank started covering the stock on May 23, 2024. It rated FRPT as “a Buy”.

Price Performance Review of FRPT

On Monday, Freshpet Inc [NASDAQ:FRPT] saw its stock jump 2.45% to $88.76. Over the last five days, the stock has lost -0.63%. Freshpet Inc shares have fallen nearly -40.07% since the year began. Nevertheless, the stocks have fallen -20.14% over the past one year. While a 52-week high of $164.07 was reached on 01/30/25, a 52-week low of $80.27 was recorded on 03/11/25. SMA at 50 days reached $123.74, while 200 days put it at $134.04.

Levels Of Support And Resistance For FRPT Stock

The 24-hour chart illustrates a support level at 86.63, which if violated will result in even more drops to 84.51. On the upside, there is a resistance level at 89.97. A further resistance level may holdings at 91.19. The Relative Strength Index (RSI) on the 14-day chart is 33.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.25%. Stochastics %K at 36.85% 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 2025-02-28, growing by 0.6 million shares to a total of 4.71 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.11 million shares. There was a rise of 12.78%, which implies that there is a positive sentiment for the stock.

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