Freshpet, Inc. $FRPT Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC raised its position in shares of Freshpet, Inc. (NASDAQ:FRPT) by 430.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,400 shares of the company’s stock after purchasing an additional 47,400 shares during the quarter. Renaissance Technologies LLC owned about 0.12% of Freshpet worth $3,443,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Optimize Financial Inc lifted its holdings in shares of Freshpet by 1.4% in the fourth quarter. Optimize Financial Inc now owns 10,957 shares of the company’s stock valued at $668,000 after buying an additional 156 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in Freshpet by 1.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 11,164 shares of the company’s stock worth $680,000 after acquiring an additional 161 shares during the period. Parallel Advisors LLC grew its holdings in Freshpet by 55.0% during the third quarter. Parallel Advisors LLC now owns 555 shares of the company’s stock worth $31,000 after acquiring an additional 197 shares during the period. Smartleaf Asset Management LLC raised its position in Freshpet by 32.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 882 shares of the company’s stock worth $53,000 after acquiring an additional 214 shares in the last quarter. Finally, Ossiam raised its position in Freshpet by 81.1% in the second quarter. Ossiam now owns 509 shares of the company’s stock worth $35,000 after acquiring an additional 228 shares in the last quarter.

Insiders Place Their Bets

In other Freshpet news, CEO William B. Cyr sold 42,907 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $47.92, for a total value of $2,056,103.44. Following the transaction, the chief executive officer owned 204,585 shares in the company, valued at approximately $9,803,713.20. This represents a 17.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 235,262 shares of company stock valued at $11,664,591. 4.30% of the stock is currently owned by corporate insiders.

Freshpet Price Performance

NASDAQ FRPT opened at $66.91 on Friday. The company has a current ratio of 6.05, a quick ratio of 5.26 and a debt-to-equity ratio of 0.34. Freshpet, Inc. has a 1 year low of $46.45 and a 1 year high of $86.00. The company has a market cap of $3.29 billion, a PE ratio of 17.61 and a beta of 1.61. The stock’s 50-day moving average price is $56.19 and its two-hundred day moving average price is $62.61.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Wells Fargo & Company reduced their price objective on shares of Freshpet from $75.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. DA Davidson cut their target price on shares of Freshpet from $101.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday. JPMorgan Chase & Co. raised their target price on shares of Freshpet from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Jefferies Financial Group decreased their price target on shares of Freshpet from $75.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Finally, Bank of America dropped their price target on Freshpet from $75.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday, July 1st. Ten equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $75.31.

More Freshpet News

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Analyst support remains substantial. Stifel Nicolaus raised its price target to $78 from $66 and reiterated a “buy” rating, while DA Davidson maintained a “buy” rating despite trimming its target to $95 from $101. These targets imply meaningful upside and may be supporting the stock. Analyst price target updates
• Positive Sentiment: Freshpet’s growth strategy is attracting attention. Coverage of the company’s second-quarter performance highlights its omnichannel distribution, manufacturing improvements and continued growth initiatives. These factors could help expand capacity, improve execution and support longer-term revenue growth. Freshpet Q2 deep dive
• Positive Sentiment: Recent second-quarter materials reinforce the growth narrative. Freshpet’s earnings presentation and related analyst commentary focus on the company’s operating momentum and expansion opportunities, providing a fundamental backdrop for the recent upward price action. Freshpet 2026 Q2 earnings presentation
• Neutral Sentiment: Analyst opinion is divided. Morgan Stanley reaffirmed an “equal weight” rating but reduced its price target to $72 from $77. Although the new target remains above the reported trading level, the cut signals more limited confidence in near-term upside than the bullish targets from Stifel and DA Davidson. Morgan Stanley Freshpet rating
• Negative Sentiment: Valuation remains a key risk. A recent Seeking Alpha analysis argues that Freshpet’s growth may not be sufficient to justify the stock’s valuation, raising concerns about the risk-reward profile even as the business expands. This could limit gains or prompt profit-taking. Freshpet valuation analysis

Freshpet Company Profile

Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.

Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.