Freshpet, Inc. $FRPT Stock Holdings Lifted by Renaissance Technologies LLC

Renaissance Technologies LLC grew its position in Freshpet, Inc. (NASDAQ:FRPT) by 430.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 58,400 shares of the company’s stock after acquiring an additional 47,400 shares during the quarter. Renaissance Technologies LLC’s holdings in Freshpet were worth $3,443,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FRPT. Wasatch Advisors LP lifted its holdings in shares of Freshpet by 41.0% during the 2nd quarter. Wasatch Advisors LP now owns 3,839,332 shares of the company’s stock valued at $260,921,000 after buying an additional 1,116,217 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in Freshpet by 1,031.9% in the fourth quarter. Balyasny Asset Management L.P. now owns 931,905 shares of the company’s stock worth $56,781,000 after buying an additional 1,031,905 shares during the last quarter. Armistice Capital LLC raised its position in Freshpet by 118.4% during the third quarter. Armistice Capital LLC now owns 1,234,802 shares of the company’s stock valued at $68,050,000 after acquiring an additional 669,399 shares in the last quarter. Alyeska Investment Group L.P. raised its position in Freshpet by 122.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,197,317 shares of the company’s stock valued at $72,953,000 after acquiring an additional 658,114 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in Freshpet by 278.5% during the second quarter. AQR Capital Management LLC now owns 859,981 shares of the company’s stock valued at $58,444,000 after acquiring an additional 632,756 shares in the last quarter.

Freshpet Trading Up 0.3%

Shares of FRPT stock opened at $66.91 on Friday. Freshpet, Inc. has a 12 month low of $46.45 and a 12 month high of $86.00. The company has a quick ratio of 5.26, a current ratio of 6.05 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is $56.19 and its two-hundred day moving average is $62.61. The company has a market cap of $3.29 billion, a PE ratio of 17.61 and a beta of 1.61.

More Freshpet News

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Analyst support remains substantial. Stifel Nicolaus raised its price target to $78 from $66 and reiterated a “buy” rating, while DA Davidson maintained a “buy” rating despite trimming its target to $95 from $101. These targets imply meaningful upside and may be supporting the stock. Analyst price target updates
• Positive Sentiment: Freshpet’s growth strategy is attracting attention. Coverage of the company’s second-quarter performance highlights its omnichannel distribution, manufacturing improvements and continued growth initiatives. These factors could help expand capacity, improve execution and support longer-term revenue growth. Freshpet Q2 deep dive
• Positive Sentiment: Recent second-quarter materials reinforce the growth narrative. Freshpet’s earnings presentation and related analyst commentary focus on the company’s operating momentum and expansion opportunities, providing a fundamental backdrop for the recent upward price action. Freshpet 2026 Q2 earnings presentation
• Neutral Sentiment: Analyst opinion is divided. Morgan Stanley reaffirmed an “equal weight” rating but reduced its price target to $72 from $77. Although the new target remains above the reported trading level, the cut signals more limited confidence in near-term upside than the bullish targets from Stifel and DA Davidson. Morgan Stanley Freshpet rating
• Negative Sentiment: Valuation remains a key risk. A recent Seeking Alpha analysis argues that Freshpet’s growth may not be sufficient to justify the stock’s valuation, raising concerns about the risk-reward profile even as the business expands. This could limit gains or prompt profit-taking. Freshpet valuation analysis

Wall Street Analyst Weigh In

Several research firms have commented on FRPT. DA Davidson decreased their target price on shares of Freshpet from $101.00 to $95.00 and set a “buy” rating for the company in a research report on Thursday. TD Cowen lifted their price objective on shares of Freshpet from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley reiterated an “equal weight” rating and issued a $72.00 price objective (down from $77.00) on shares of Freshpet in a report on Thursday. Wells Fargo & Company lowered their target price on shares of Freshpet from $75.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. raised their target price on Freshpet from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $75.31.

Insiders Place Their Bets

In other news, Director Craig D. Steeneck acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $47.83 per share, with a total value of $95,660.00. Following the acquisition, the director owned 37,500 shares in the company, valued at approximately $1,793,625. This represents a 5.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William B. Cyr sold 4,319 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $51.18, for a total transaction of $221,046.42. Following the completion of the transaction, the chief executive officer owned 25,565 shares in the company, valued at $1,308,416.70. The trade was a 14.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 235,262 shares of company stock valued at $11,664,591 over the last 90 days. 4.30% of the stock is owned by corporate insiders.

About Freshpet

Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.

Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.