ProShare Advisors LLC Sells 11,768 Shares of Freshpet, Inc. $FRPT

ProShare Advisors LLC lessened its stake in Freshpet, Inc. (NASDAQ:FRPT) by 19.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,011 shares of the company’s stock after selling 11,768 shares during the quarter. ProShare Advisors LLC owned approximately 0.10% of Freshpet worth $2,879,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Wellington Management Group LLP grew its holdings in Freshpet by 11.8% during the second quarter. Wellington Management Group LLP now owns 2,829,688 shares of the company’s stock valued at $167,291,000 after purchasing an additional 298,460 shares during the period. William Blair Investment Management LLC bought a new stake in shares of Freshpet in the second quarter valued at $107,066,000. Dimensional Fund Advisors LP raised its stake in shares of Freshpet by 9.3% in the first quarter. Dimensional Fund Advisors LP now owns 917,785 shares of the company’s stock valued at $54,103,000 after buying an additional 78,196 shares during the period. Jennison Associates LLC lifted its position in shares of Freshpet by 200.6% during the 1st quarter. Jennison Associates LLC now owns 651,202 shares of the company’s stock valued at $38,395,000 after buying an additional 434,582 shares during the last quarter. Finally, Alyeska Investment Group L.P. lifted its position in shares of Freshpet by 146.5% during the 2nd quarter. Alyeska Investment Group L.P. now owns 552,400 shares of the company’s stock valued at $32,658,000 after buying an additional 328,259 shares during the last quarter.

Key Freshpet News

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Freshpet beat Q3 estimates, reporting earnings of $0.58 per share and revenue of $317.84 million, up 10.1% year over year. Gross margin reached 45%, with adjusted gross margin at 50%, and the company raised and narrowed its 2026 outlook. Freshpet Q3 results
• Positive Sentiment: JPMorgan raised its price target to $78 from $76 and maintained an Overweight rating; Wells Fargo raised its target to $84 from $77 and also rated the shares Overweight. Wells Fargo rating
• Positive Sentiment: Management is focusing on its most valuable customer households, which reportedly spend about $522 per year on Freshpet products—an opportunity to support customer loyalty and sales. Long-term investor takeaways
• Neutral Sentiment: Deutsche Bank lifted its target to $69 from $67 but kept a Hold rating, suggesting a more cautious view than the Overweight calls. Deutsche Bank price target
• Negative Sentiment: Competition remains a concern, even as Freshpet cited resilient demand and improved margins. That risk may be weighing on shares despite the earnings beat and raised outlook. Q3 deep dive

Analysts Set New Price Targets

Several research firms have recently weighed in on FRPT. DA Davidson cut their price target on Freshpet from $101.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Needham & Company LLC began coverage on Freshpet in a research note on Thursday, October 1st. They issued a “hold” rating on the stock. Benchmark reaffirmed a “buy” rating on shares of Freshpet in a report on Wednesday, August 19th. Wall Street Zen raised shares of Freshpet from a “sell” rating to a “hold” rating in a report on Sunday, August 2nd. Finally, Stifel Nicolaus increased their target price on shares of Freshpet from $66.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $80.31.

Insider Transactions at Freshpet

In other Freshpet news, CEO William Cyr sold 2,657 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $75.40, for a total value of $200,337.80. Following the completion of the transaction, the chief executive officer owned 49,044 shares in the company, valued at $3,697,917.60. This trade represents a 5.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Walter George bought 1,000 shares of the business’s stock in a transaction on Monday, September 14th. The stock was bought at an average price of $64.92 per share, with a total value of $64,920.00. Following the purchase, the director owned 51,746 shares in the company, valued at $3,359,350.32. This trade represents a 1.97% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 171,636 shares of company stock worth $12,754,864 in the last three months. 4.30% of the stock is currently owned by insiders.

Freshpet Trading Down 9.1%

Shares of FRPT stock opened at $64.82 on Friday. The company’s fifty day simple moving average is $64.71 and its two-hundred day simple moving average is $63.93. The company has a debt-to-equity ratio of 0.35, a current ratio of 5.68 and a quick ratio of 5.03. Freshpet, Inc. has a 1 year low of $46.45 and a 1 year high of $86.00. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 25.72 and a beta of 1.75.

Freshpet (NASDAQ:FRPT) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.19. Freshpet had a return on equity of 6.39% and a net margin of 10.90%. The firm had revenue of $317.84 million during the quarter, compared to analyst estimates of $312.02 million. During the same period last year, the company earned $1.86 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. As a group, analysts anticipate that Freshpet, Inc. will post 1.25 earnings per share for the current year.

About Freshpet

Freshpet, Inc (NASDAQ: FRPT) is a pet food company that develops, manufactures and markets refrigerated, fresh food and treats for dogs and cats. Its products are made with animal proteins, vegetables and other ingredients and are designed to be stored in the refrigerator rather than on a conventional shelf.

The company sells its products under the Freshpet brand and related product lines, including Freshpet Select and Vital. Its offerings include refrigerated meals, rolls, recipes and treats formulated for different pet sizes, ages and dietary needs.