US LNG exports surge but will buyers in China turn up?
BEDMINSTER, N.J.—Olufunlayo Olurinde Fajemirokun-Beck, a director at Freshpet, Inc. (NASDAQ:FRPT), recently purchased 227 shares of the company’s common stock. The shares were acquired on February 26, 2025, at a price of $109.76 per share, amounting to a total transaction value of $24,915. The purchase comes as the $5.2 billion pet food company maintains profitability with a 40.6% gross margin, according to InvestingPro data.
Following the transaction, Fajemirokun-Beck holds a total of 7,805 shares in Freshpet. The purchase was reported in a filing with the Securities and Exchange Commission (SEC), underscoring the director’s continued investment in the pet food company. The insider purchase comes as the stock trades down 27.7% year-to-date, with analyst price targets ranging from $104 to $195. InvestingPro analysis reveals 16 additional key insights about Freshpet’s valuation and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, Freshpet has been the focus of several analyst updates following its fourth-quarter earnings report. DA Davidson reaffirmed its Buy rating with a price target of $189, noting adjustments in net sales projections and administrative cost leverage, while maintaining confidence in the company’s performance. Jefferies upgraded Freshpet from Hold to Buy, setting a new price target at $150, highlighting robust fourth-quarter results and a promising pet industry landscape, despite a reduction from their previous target. Meanwhile, Truist Securities lowered its price target from $170 to $140, citing contracting multiples in the Consumer Packaged Goods sector but maintained a Buy rating, reflecting a positive outlook despite market conditions.
TD Cowen also adjusted its price target to $141 from $174, maintaining a Buy rating, and expressed optimism for a rebound in the second half of the year, viewing recent market reactions as excessive. Stifel reduced its price target to $155 from $165 but continued to endorse a Buy rating, emphasizing Freshpet’s potential for market share gains and financial health. These recent developments indicate that while analysts have adjusted their price targets, they generally maintain a positive outlook on Freshpet’s future growth prospects. The company’s strategic initiatives and updated guidance have been pivotal in shaping these assessments. Investors are closely monitoring Freshpet’s performance, particularly in sales growth and market share within the pet food industry, as these factors will be critical in meeting analysts’ expectations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.