ProShare Advisors LLC Sells 11,768 Shares of Freshpet, Inc. $FRPT

ProShare Advisors LLC lowered its position in Freshpet, Inc. (NASDAQ:FRPT) by 19.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 50,011 shares of the company’s stock after selling 11,768 shares during the period. ProShare Advisors LLC’s holdings in Freshpet were worth $2,879,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FRPT. Global Retirement Partners LLC purchased a new stake in shares of Freshpet in the second quarter worth $25,000. Laurel Wealth Advisors LLC bought a new stake in Freshpet during the third quarter valued at $30,000. Integrated Wealth Concepts LLC bought a new position in Freshpet in the 2nd quarter worth about $34,000. State of Wyoming bought a new position in Freshpet in the 2nd quarter worth about $61,000. Finally, Versant Capital Management Inc raised its holdings in shares of Freshpet by 254.8% in the 2nd quarter. Versant Capital Management Inc now owns 1,689 shares of the company’s stock valued at $100,000 after acquiring an additional 1,213 shares in the last quarter.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FRPT. Deutsche Bank Aktiengesellschaft set a $67.00 price target on Freshpet in a research report on Wednesday, October 21st. Needham & Company LLC began coverage on Freshpet in a report on Thursday, October 1st. They set a “hold” rating for the company. JPMorgan Chase & Co. upped their price objective on shares of Freshpet from $76.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday. DA Davidson lowered their target price on shares of Freshpet from $101.00 to $95.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, Wall Street Zen raised shares of Freshpet from a “sell” rating to a “hold” rating in a research note on Sunday, August 2nd. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Freshpet has an average rating of “Moderate Buy” and a consensus target price of $80.31.

Key Stories Impacting Freshpet

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Freshpet beat Q3 estimates, reporting earnings of $0.58 per share and revenue of $317.84 million, up 10.1% year over year. Gross margin reached 45%, with adjusted gross margin at 50%, and the company raised and narrowed its 2026 outlook. Freshpet Q3 results
• Positive Sentiment: JPMorgan raised its price target to $78 from $76 and maintained an Overweight rating; Wells Fargo raised its target to $84 from $77 and also rated the shares Overweight. Wells Fargo rating
• Positive Sentiment: Management is focusing on its most valuable customer households, which reportedly spend about $522 per year on Freshpet products—an opportunity to support customer loyalty and sales. Long-term investor takeaways
• Neutral Sentiment: Deutsche Bank lifted its target to $69 from $67 but kept a Hold rating, suggesting a more cautious view than the Overweight calls. Deutsche Bank price target
• Negative Sentiment: Competition remains a concern, even as Freshpet cited resilient demand and improved margins. That risk may be weighing on shares despite the earnings beat and raised outlook. Q3 deep dive

Freshpet Stock Down 9.1%

Shares of NASDAQ:FRPT opened at $64.82 on Friday. Freshpet, Inc. has a 52-week low of $46.45 and a 52-week high of $86.00. The firm has a fifty day moving average of $64.71 and a 200 day moving average of $63.93. The firm has a market capitalization of $3.19 billion, a PE ratio of 25.72 and a beta of 1.75. The company has a debt-to-equity ratio of 0.35, a quick ratio of 5.03 and a current ratio of 5.68.

Freshpet (NASDAQ:FRPT) last released its earnings results on Wednesday, November 4th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.19. Freshpet had a return on equity of 6.39% and a net margin of 10.90%. The business had revenue of $317.84 million for the quarter, compared to analysts’ expectations of $312.02 million. During the same quarter in the prior year, the firm earned $1.86 earnings per share. The firm’s revenue was up 10.1% on a year-over-year basis. As a group, research analysts anticipate that Freshpet, Inc. will post 1.25 EPS for the current fiscal year.

Insider Activity

In other news, CEO William Cyr sold 2,657 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $75.40, for a total value of $200,337.80. Following the completion of the transaction, the chief executive officer directly owned 49,044 shares in the company, valued at approximately $3,697,917.60. This represents a 5.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Walter George acquired 1,000 shares of Freshpet stock in a transaction dated Monday, September 14th. The shares were purchased at an average price of $64.92 per share, for a total transaction of $64,920.00. Following the completion of the transaction, the director directly owned 51,746 shares in the company, valued at approximately $3,359,350.32. The trade was a 1.97% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have sold 171,636 shares of company stock valued at $12,754,864. Corporate insiders own 4.30% of the company’s stock.

About Freshpet

Freshpet, Inc (NASDAQ: FRPT) is a pet food company that develops, manufactures and markets refrigerated, fresh food and treats for dogs and cats. Its products are made with animal proteins, vegetables and other ingredients and are designed to be stored in the refrigerator rather than on a conventional shelf.

The company sells its products under the Freshpet brand and related product lines, including Freshpet Select and Vital. Its offerings include refrigerated meals, rolls, recipes and treats formulated for different pet sizes, ages and dietary needs.