Freshpet, Inc. (FRPT) Files Form 4 Insider Selling : Stephen Macchiaverna Sells 3,600 Shares

Freshpet, Inc. (FRPT): Stephen Macchiaverna , Sr. VP, Controller, Secretary of Freshpet, Inc. sold 3,600 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $9.14 per share for a total value of $32,900.04 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 25, 2015, Walter N. George (director) purchased 5,000 shares at $6.12 per share price.On Nov 25, 2015, Thomas J. Farina (Sr. Vice President of Sales) purchased 3,500 shares at $7.11 per share price.Also, On Nov 20, 2015, Scott James Morris (Chief Marketing Officer) purchased 3,000 shares at $6.34 per share price.On Nov 18, 2015, Richard C Thompson (CEO) purchased 7,800 shares at $6.22 per share price.

Shares of Freshpet Inc (FRPT) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -2.05% at $8.59 with 3,53,886 shares getting traded. Post opening the session at $8.74, the shares hit an intraday low of $8.54 and an intraday high of $8.855 and the price vacillated in this range throughout the day. The company has a market cap of $288,091 M and the number of outstanding shares has been calculated to be 33,53,80,00,000 shares. The 52-week high of Freshpet Inc is $21.64 and the 52-week low is $5.6.

Freshpet Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Freshpet Inc is Downgraded by Goldman to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 11, 2016.Freshpet Inc is Reiterated by Wedbush to Outperform while Lowering the Price Target of the company shares to $ 10 from a previous price target of $11 . The Rating was issued on Mar 11, 2016.Freshpet Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 10 from a previous price target of $9 .The Rating was issued on Mar 10, 2016.

Freshpet Inc. is a manufacturer of fresh refrigerated pet food distributed across North America. The Company offers products consisting of dog food cat food and dog and cat treats. Its recipes include real fresh meat and varying combinations of vegetables leafy greens and anti-oxidant rich fruits without the use of preservatives additives or artificial ingredients. All of its products are sold under the Freshpet brand name with ingredients packaging and labeling customized by class of retail. It also offers fresh and frozen treats across all classes of retail under the Dognation and Dog Joy labels. The Company’s products are available in different forms including slice and serve rolls bagged meals and tubs. Its products are distributed throughout the United States and Canada into retail classes including Grocery and Mass (which includes club) as well as Pet specialty and Natural retail.

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