2 weeks Ago By Defense World Staff
Commonwealth Equity Services LLC lifted its stake in Freshpet, Inc. ( NASDAQ:FRPT – Free Report ) by 89.9% during the 2nd quarter, according to the company in its most recent filing with the SEC.
The fund owned 7,723 shares of the company’s stock after acquiring an additional 3,657 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Freshpet were worth $999,000 at the end of the most recent reporting period. Several other large investors have also recently added to or reduced their stakes in the business.
Johnson Financial Group Inc. purchased a new position in shares of Freshpet in the 4th quarter valued at $29,000. GAMMA Investing LLC lifted its stake in shares of Freshpet by 100.
8% in the 1st quarter. GAMMA Investing LLC now owns 263 shares of the company’s stock worth $30,000 after acquiring an additional 132 shares during the period. ORG Partners LLC acquired a new stake in shares of Freshpet in the 2nd quarter worth $32,000.
Quarry LP acquired a new stake in shares of Freshpet in the 4th quarter worth $40,000. Finally, Whittier Trust Co. acquired a new stake in shares of Freshpet in the 1st quarter worth $41,000.
Insider Buying and Selling at Freshpet In other Freshpet news, EVP Stephen Macchiaverna sold 2,178 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $140.01, for a total transaction of $304,941.
78. Following the completion of the sale, the executive vice president now owns 86,039 shares in the company, valued at $12,046,320.39.
The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website . 3.60% of the stock is owned by insiders.
Wall Street Analyst Weigh In Get Our Latest Stock Report on FRPT Freshpet Trading Down 1.6 % NASDAQ FRPT opened at $138.31 on Wednesday.
The company’s fifty day simple moving average is $129.25 and its 200-day simple moving average is $122.75.
Freshpet, Inc. has a 52 week low of $54.60 and a 52 week high of $143.
06. The company has a current ratio of 4.50, a quick ratio of 3.
69 and a debt-to-equity ratio of 0.42. The stock has a market cap of $6.
70 billion, a P/E ratio of 786.06 and a beta of 1.39.
Freshpet ( NASDAQ:FRPT – Get Free Report ) last issued its quarterly earnings results on Monday, August 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.
09) by $0.06. The business had revenue of $235.
30 million during the quarter, compared to analyst estimates of $230.99 million. Freshpet had a net margin of 2.
86% and a return on equity of 1.78%. The business’s revenue was up 28.
4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.35) earnings per share.
Equities research analysts predict that Freshpet, Inc. will post 0.72 EPS for the current fiscal year.
Freshpet Company Profile ( Free Report ) Freshpet, Inc, together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It sells dog food, cat food, and dog treats under the Freshpet brand name; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online. See Also Five stocks we like better than Freshpet What Are Dividend Achievers? An Introduction Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? 3 Tickers Leading a Meme Stock Revival Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge Why Are These Companies Considered Blue Chips? Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Want to see what other hedge funds are holding FRPT? Visit HoldingsChannel.
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