Long-Term Returns of Jana Partners’ 5 Activist Targets

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1. Freshpet, Inc. (NASDAQ:FRPT)

Activist Investment: 2022
Long-Term Returns Since Jana Partners’ Investment: 50%
S&P 500 Gain Since Jana Partners’ Investment: 22.37%

Freshpet, Inc. (NASDAQ:FRPT) is a company that creates and offers natural fresh meals and treats for dogs and cats. It sells its products under the Freshpet brand and Donation and Dog Joy labels. Jana Partners first disclosed a 9.6% stake in the company in September of 2022, when the stock was down by about 60%.

The activist investor invested in the belief that Freshpet, Inc. (NASDAQ:FRPT) was mismanaged and needed a refresh of the board and management. Jana Partners has already secured four seats on the board. The company has also started making operational and capital allocation changes as one of the ways of reinvigorating its prospects.

Follow Force Protection Inc (NASDAQ:FRPT)

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