Freshpet's Chief Accounting Officer Sells Shares
Nishu Patel sold 193 shares of Freshpet, valued at $11,083.99, on June 28.
Key Points
- Nishu Patel, Freshpet's Chief Accounting Officer, sold 193 shares on June 28, 2026, at an average price of $57.43, totaling $11,083.99.
- Freshpet, Inc. has a market cap of about $2.91 billion with a P/E ratio of 15.5 and a 52-week range of $46.45 to $86.00.
- Analysts have set new price targets for Freshpet, with Stifel maintaining a 'buy' rating and a target of $78 as of April 21, 2026.
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Nishu Patel, the Chief Accounting Officer of Freshpet, Inc. (NasdaqGM: FRPT), recently sold 193 shares of the company. The transaction took place on June 28, 2026, at an average price of $57.43 per share, amounting to a total value of $11,083.99. This sale was not part of a pre-planned trading program.
Insider Buying and Selling at Freshpet, Inc.
Freshpet has seen various insider transactions recently. On May 22, 2026, CEO William Cyr engaged in multiple trades, selling 46,814 shares at an average price of $51.04 under a pre-planned arrangement. Additionally, Cyr bought 84,000 shares at $10.23 each on the same day. Earlier, on May 20, Cyr sold another 84,000 shares. Craig Steeneck also bought 2,000 shares at $47.83 on May 20.
Freshpet, Inc. Stock Down 16.5%
Shares of Freshpet traded near $59.12 on Wednesday. The company, with a market cap of approximately $2.91 billion, has a P/E ratio of 15.5 and a forward P/E of 32.8. Freshpet's stock has a 52-week low of $46.45 and a high of $86.00. It maintains a 50-day moving average of $55.56 and a 200-day moving average of $60.66. The company's current ratio is 6.18, and it has a quick ratio of 5.10, with a debt-to-equity ratio of 39.15.
$FRPT stock price
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Analysts Set New Price Targets
Analysts have been active in setting new price targets for Freshpet. On May 7, 2026, Wells Fargo maintained a 'buy' rating with a $75 target, while JP Morgan upgraded its rating to 'buy' with a $68 target. Stifel, on April 21, 2026, maintained a 'buy' rating, setting a target of $78. The overall analyst consensus for Freshpet is a 'buy', with an average target price of $81.94 based on 16 analyst opinions.
About Freshpet
Freshpet, Inc. is a company based in Bedminster, New Jersey, specializing in natural fresh meals and treats for pets. It operates in the consumer defensive sector, specifically within the packaged foods industry. Freshpet's products are available in the United States, Canada, and Europe, and are sold through branded refrigerators in retail locations like grocery and pet specialty stores. The company was founded in 2004 and employs around 1,288 people under the leadership of CEO William B. Cyr.
Bottom Line
Nishu Patel's recent sale of Freshpet shares is a notable insider transaction, reflecting activity within the company's executive team. Freshpet's stock is under close watch by analysts, with several maintaining or upgrading their ratings in recent months. As always, it's important to remember that insider transactions are just one piece of the puzzle, and 13F filings reflect past positions, not current ones.
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