freshpet makes fresh and all natural refrigerated dog and cat food in the u.s., and is the fastest growing pet food brand, with refrigerators in over 16,000 stores. our mission is to bring the power of fresh food for pets everywhere in ways that are good for pets, people and the planet. at freshpet, we're passionate about what we do because we're pet lovers, and because we believe that as a team, we are making a real difference in pets' lives. while we’ve grown to a mid-sized company, it’s our entrepreneurial roots and small-company feel that make freshpet a thriving place to work.
Company profile
Ticker
FRPT
Exchange
Website
CEO
William Cyr
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
General Mills • Kellanova • Ingredion • Post • WK Kellogg • Forafric Global • RiceBran Technologies • Rogue One • Applied BioSciences • Affinity Gold ...
SEC CIK
Corporate docs
Subsidiaries
Professor Connors Canada Inc. • Freshpet Europe LTD • Freshpet NE B.V. • Freshpet France SAS ...
FRPT stock data
Latest filings (excl ownership)
8-K
Freshpet Announces Updates to its Board of Directors
10 Apr 24
8-K
Departure of Directors or Certain Officers
4 Apr 24
8-K
Other Events
28 Feb 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Freshpet, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
26 Feb 24
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Freshpet, Inc. Reports Third Quarter 2023 Financial Results
6 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
12 Oct 23
ARS
2022 FY
Annual report to shareholders
31 Aug 23
DEFA14A
Additional proxy soliciting materials
31 Aug 23
Transcripts
FRPT
Earnings call transcript
2023 Q4
26 Feb 24
FRPT
Earnings call transcript
2023 Q3
6 Nov 23
FRPT
Earnings call transcript
2023 Q2
7 Aug 23
FRPT
Earnings call transcript
2023 Q2
7 Aug 23
FRPT
Earnings call transcript
2023 Q1
8 May 23
FRPT
Earnings call transcript
2022 Q4
27 Feb 23
FRPT
Earnings call transcript
2022 Q3
2 Nov 22
FRPT
Earnings call transcript
2022 Q2
13 Aug 22
FRPT
Earnings call transcript
2022 Q1
3 May 22
FRPT
Earnings call transcript
2021 Q4
1 Mar 22
Latest ownership filings
4
Lauri Kien Kotcher
11 Apr 24
3
Lauri Kien Kotcher
11 Apr 24
4
Scott James Morris
11 Apr 24
4
Olufunlayo Olurinde Fajemirokun-Beck
20 Mar 24
4
DAVID J WEST
20 Mar 24
4
David Biegger
20 Mar 24
4
LAWRENCE S COBEN
20 Mar 24
4
Todd E Cunfer
20 Mar 24
4
WALTER N. GEORGE
20 Mar 24
4
Jacki Sue Kelley
20 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 338.11 mm | 338.11 mm | 338.11 mm | 338.11 mm | 338.11 mm | 338.11 mm |
Cash burn (monthly) | (no burn) | (no burn) | 2.36 mm | 3.95 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 16.04 mm | 26.86 mm | n/a | n/a |
Cash remaining | n/a | n/a | 322.07 mm | 311.25 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 136.5 | 78.8 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 260 |
Opened positions | 43 |
Closed positions | 28 |
Increased positions | 92 |
Reduced positions | 82 |
13F shares | Current |
---|---|
Total value | 3.83 tn |
Total shares | 61.21 mm |
Total puts | 1.21 mm |
Total calls | 1.19 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 4.62 mm | $304.40 bn |
Champlain Investment Partners | 3.80 mm | $250.15 bn |
Wellington Management | 3.58 mm | $235.59 bn |
JANA Partners Management | 3.25 mm | $214.41 bn |
Jana Partners | 3.11 mm | $240.81 mm |
Wasatch Advisors | 2.91 mm | $191.74 bn |
William Blair Investment Management | 2.74 mm | $180.56 bn |
Alliancebernstein | 2.35 mm | $154.53 bn |
BLK Blackrock | 2.16 mm | $142.28 bn |
JPM JPMorgan Chase & Co. | 2.12 mm | $139.58 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Lauri Kien Kotcher | Common Stock | Grant | Acquire A | No | No | 0 | 1,046 | 0.00 | 1,046 |
15 Mar 24 | Brewster Daryl G | Common Stock | Grant | Acquire A | No | No | 0 | 1,095 | 0.00 | 55,856 |
15 Mar 24 | Nishu D. Patel | Common Stock | Grant | Acquire A | No | No | 0 | 649 | 0.00 | 2,532 |
15 Mar 24 | Leta D Priest | Common Stock | Grant | Acquire A | No | No | 0 | 1,095 | 0.00 | 10,735 |
News
Stifel Maintains Buy on Freshpet, Raises Price Target to $135
11 Apr 24
DA Davidson Maintains Buy on Freshpet, Raises Price Target to $138
13 Mar 24
Truist Securities Upgrades Freshpet to Buy, Raises Price Target to $135
11 Mar 24
JP Morgan Maintains Neutral on Freshpet, Raises Price Target to $102
27 Feb 24
Piper Sandler Maintains Overweight on Freshpet, Raises Price Target to $130
27 Feb 24
Press releases
Freshpet, Inc. to Report First Quarter 2024 Results on Monday, May 6, 2024
16 Apr 24
Freshpet and Global Superstar Meghan Trainor Announce Partnership on National Pet Day
11 Apr 24
Freshpet Announces Updates to its Board of Directors
10 Apr 24
Freshpet, Inc. to Report Fourth Quarter and Fiscal Year 2023 Results on Monday, February 26, 2024
5 Feb 24
New Innovation-Themed Whitepaper to Debut at the February 1st Emerald Groundhog Day Investment Forum
29 Jan 24