Freshpet, Inc. (FRPT): Walter N. George , director of Freshpet, Inc. purchased 2,500 shares on Sep 12, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.80 per share for a total value of $24,495.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 13, 2016, Walter N. George (director) purchased 2,500 shares at $9.80 per share price.On Aug 12, 2016, Cathal Walsh (Senior VP of Cooler Operations) sold 37,639 shares at $10.72 per share price.Also, On Aug 12, 2016, Thomas J. Farina (Sr. Vice President, Sales) sold 14,649 shares at $10.68 per share price.On Aug 12, 2016, Stephen Macchiaverna (Sr. VP, Controller, Secretary) sold 10,052 shares at $10.76 per share price.
Shares of Freshpet Inc (FRPT) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.51% at $9.8 with 161,743 shares getting traded. Post opening the session at $9.79, the shares hit an intraday low of $9.66 and an intraday high of $10.14 and the price vacillated in this range throughout the day. The company has a market cap of $329 M and the number of outstanding shares has been calculated to be 33,616,327 shares. The 52-week high of Freshpet Inc is $11.81 and the 52-week low is $5.6.
Company has been under the radar of several Street Analysts.Freshpet Inc is Downgraded by Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 11 from a previous price target of $10 .Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Aug 15, 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.