Large Inflow of Money Witnessed in Freshpet

Freshpet (NASDAQ:FRPT) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $0.04 million worth of transactions were on upticks, whereas, the downticks accounted for $0.03 million worth of transactions. The net money flow was a positive $0.02 million and the uptick to downtick ratio was 1.6. The net money flow into the stock was $0.01 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.01 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Freshpet (NASDAQ:FRPT) was trading at $8.84, down $0.23 during day. The stock slid -2.52% over the previous days close. For the week, the stock recorded -6.84% over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Hieger Michael, officer (SVP Manufacturing Operations) of Freshpet, Inc., had unloaded 887 shares at an average price of $9.42 in a transaction dated on June 6, 2016. The total value of the transaction was worth $8,356. Currently the company Insiders own 17.2% of Freshpet shares according to the proxy statements. Institutional Investors own 67.46% of Freshpet shares.

The company shares have dropped -49.07% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $20.11 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $9.28 and the 200 Day Moving Average price is recorded at $7.86. Freshpet (NASDAQ:FRPT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.14 and $8.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.32. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.18, notching a gain of 1.21% for the day. The total traded volume was 149,842 . The stock had closed at $9.07 on the previous day.

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 Companys 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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