Freshpet (FRPT)

• Market cap: $4.28B
• 1 day: 5.25%
• 5 days: 5.01%
• 1 month: 14.38%
• 3 months: -33.59%
• 6 months: -41.76%
• Year to date: -39.27%
• 1 year: -31.45%
• 5 years: 19.19%
• 10 years: 356.04%
• Sector: Consumer Staples
• Industry: Packaged Foods

About: Freshpet produces and sells premium fresh pet food through its company-owned refrigerators placed in grocery, mass and club, pet specialty, and natural stores. Freshpet primarily targets dogs (96% of 2024 sales), with cats and treats comprising the rest of its sales. Geographically, the company's home US market, where all its food is produced, accounts for about 98% of sales, with exports to Canada, the United Kingdom, and other European countries accounting for the remaining balance.

Employees: 1,296

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

84% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 38

9% more capital invested

Capital invested by funds: $7.14B [Q3] → $7.79B (+$653M) [Q4]

7% more funds holding

Funds holding: 369 [Q3] → 393 (+24) [Q4]

1.15% more ownership

Funds ownership: 107.31% [Q3] → 108.46% (+1.15%) [Q4]

13% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 143

33% less call options, than puts

Call options by funds: $126M | Put options by funds: $189M

36% less funds holding in top 10

Funds holding in top 10: 11 [Q3] → 7 (-4) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 9% downside
• Avg. target: $114 30% upside
• High target: $150 71% upside

8 analyst ratings

• positive: 6 75%
• neutral: 2 25%
• negative: 0 0%

JP Morgan Ken Goldman 0 / 0 met price target	3% downside $85	Neutral Maintained	6 May 2025
Benchmark Todd Brooks 49% 1-year accuracy 20 / 41 met price target	37% upside $120	Buy Maintained	6 May 2025
Wells Fargo Marc Torrente 9% 1-year accuracy 1 / 11 met price target	14% upside $100	Overweight Maintained	6 May 2025
Baird Peter Benedict 45% 1-year accuracy 9 / 20 met price target	31% upside $115	Outperform Maintained	6 May 2025
Truist Securities Bill Chappell 24% 1-year accuracy 9 / 37 met price target	9% downside $80	Hold Downgraded	30 Apr 2025