SCHEDULE 13G: Wasatch Advisors LP Discloses 5.6% Stake in Freshpet, Inc.

Wasatch Advisors LP has reported a 5.6% beneficial ownership stake in Freshpet, Inc. common stock as of March 31, 2025, held in the ordinary course of business.

Summary

• Wasatch Advisors LP, an investment adviser based in Salt Lake City, Delaware, filed a Schedule 13G indicating beneficial ownership of Freshpet, Inc. common stock.
• As of March 31, 2025, Wasatch Advisors LP beneficially owned an aggregate of 2,723,115 shares of Freshpet, Inc. common stock.
• This ownership represents 5.6% of the total outstanding class of Freshpet, Inc. common stock.
• Wasatch Advisors LP holds sole voting power over 1,947,630 shares and sole dispositive power over all 2,723,115 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Freshpet, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing an ownership stake, providing factual information without expressing positive or negative sentiment about the issuer's performance or future prospects.

Positives

• A notable institutional investor, Wasatch Advisors LP, has taken a significant stake in Freshpet, Inc., which can be interpreted as a signal of confidence in the company's long-term prospects.

Future Outlook

NA

Management Comments

• Mike Yeates, CEO of Wasatch Advisors LP, certified that 'the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.'

Industry Context

This filing is a routine disclosure of an institutional ownership stake and does not provide specific insights into broader industry trends or competitive dynamics for Freshpet, Inc. beyond the fact that a significant investor sees value in the company.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding a significant institutional investor's stake, which may be viewed positively as a vote of confidence in Freshpet, Inc.

Key Dates

Keywords

Freshpet, Wasatch Advisors LP, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Adviser