Freshpet, Inc. (FRPT): Michael Hieger , SVP Manufacturing Operations of Freshpet, Inc. sold 887 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $9.42 per share for a total value of $8,355.63 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, Mary Kathryn Winstanley (Vice President of Marketing) sold 7,171 shares at $9.86 per share price.On May 18, 2016, Stephen Macchiaverna (Sr. VP, Controller, Secretary) sold 3,600 shares at $9.14 per share price.Also, 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.
Freshpet Inc: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Freshpet Inc which led to swings in the share price. The shares opened for trading at $9.64 and hit $10.09 on the upside , eventually ending the session at $9.99, with a gain of 3.42% or 0.33 points. The heightened volatility saw the trading volume jump to 2,11,956 shares. The 52-week high of the share price is $21.64 and the company has a market cap of $335 M . The 52-week low of the share price is at $5.6.
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 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.