Barfresh Food shares surge 11.46% premarket as insiders place bullish bets totaling US$714.8k in stock.

Barfresh Food surged 11.46% in premarket trading following insider purchases totaling US$714.8k by Barfresh Food Group insiders over the past year, signaling renewed confidence in the company’s prospects. While the largest individual transaction—US$700k by Norman Pessin at US$2.85 per share—was executed at a lower price than the current level (US$3.35), the cumulative insider buying suggests optimism about the stock’s valuation and long-term potential. Insiders now own 14% of the company, reinforcing their alignment with shareholders. The absence of recent insider sales further supports a bullish sentiment, as insiders have focused on accumulating shares rather than divesting. This activity aligns with the stock’s premarket rally, reflecting market confidence in the company’s strategic direction.