Freshworks (NASDAQ:FRSH) Insider Mika Yamamoto Sells 32,577 Shares

Freshworks Inc. (NASDAQ:FRSH) insider Mika Yamamoto sold 32,577 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $8.45, for a total transaction of $275,275.65. Following the transaction, the insider owned 1,127,723 shares of the company’s stock, valued at $9,529,259.35. This trade represents a 2.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Mika Yamamoto also recently made the following trade(s):

• On Friday, December 5th, Mika Yamamoto sold 15,012 shares of Freshworks stock. The stock was sold at an average price of $13.00, for a total transaction of $195,156.00.

Freshworks Price Performance

Shares of Freshworks stock traded up $0.15 during trading hours on Thursday, reaching $8.62. The company’s stock had a trading volume of 6,253,204 shares, compared to its average volume of 6,205,707. The firm has a 50 day moving average price of $10.02 and a 200-day moving average price of $11.44. The stock has a market cap of $2.43 billion, a P/E ratio of 13.47 and a beta of 0.93. Freshworks Inc. has a one year low of $6.79 and a one year high of $16.57.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. Freshworks had a return on equity of 4.69% and a net margin of 21.90%.The company had revenue of $222.74 million during the quarter, compared to analyst estimates of $218.76 million. During the same quarter last year, the business posted $0.14 earnings per share. The firm’s revenue was up 14.5% on a year-over-year basis. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. As a group, sell-side analysts forecast that Freshworks Inc. will post -0.19 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on FRSH shares. Piper Sandler dropped their price objective on shares of Freshworks from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Jefferies Financial Group lowered shares of Freshworks from a “buy” rating to a “hold” rating and lowered their target price for the stock from $20.00 to $8.00 in a report on Monday, February 23rd. Cantor Fitzgerald dropped their price target on shares of Freshworks from $15.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Needham & Company LLC reissued a “buy” rating and issued a $15.00 price objective on shares of Freshworks in a research report on Wednesday, February 11th. Finally, Wells Fargo & Company dropped their target price on Freshworks from $13.00 to $10.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Freshworks presently has a consensus rating of “Hold” and an average price target of $12.92.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Freshworks in the 2nd quarter valued at about $25,000. IFP Advisors Inc raised its stake in shares of Freshworks by 954.9% during the fourth quarter. IFP Advisors Inc now owns 2,152 shares of the company’s stock valued at $26,000 after acquiring an additional 1,948 shares in the last quarter. Summit Securities Group LLC purchased a new stake in shares of Freshworks in the fourth quarter valued at approximately $26,000. Meeder Asset Management Inc. purchased a new stake in shares of Freshworks in the third quarter valued at approximately $27,000. Finally, Rothschild Investment LLC grew its stake in Freshworks by 560.0% in the third quarter. Rothschild Investment LLC now owns 2,277 shares of the company’s stock worth $27,000 after purchasing an additional 1,932 shares in the last quarter. Hedge funds and other institutional investors own 75.58% of the company’s stock.

About Freshworks

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.