Freshworks Inc (NASDAQ: FRSH) is -7.67% lower on its value in year-to-date trading and has touched a low of $10.81 and a high of $19.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FRSH stock was last observed hovering at around $15.32 in the last trading session, with the day’s loss setting it -0.39%.
Currently trading at $14.93, the stock is -2.09% and 3.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.5 million and changing -2.55% at the moment leaves the stock 1.48% off its SMA200. FRSH registered 21.28% gain for a year compared to 6-month loss of -9.79%.
The stock witnessed a 0.54% gain in the last 1 month and extending the period to 3 months gives it a -3.49%, and is -4.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.47% over the week and 2.11% over the month.
Freshworks Inc (FRSH) has around 4400 employees, a market worth around $4.40B and $751.55M in sales. Fwd P/E is 22.61. Profit margin for the company is -9.76%. Distance from 52-week low is 38.11% and -24.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.71%).
with sales reaching $198.85M over the same period.The EPS is expected to grow by 32.50% this year, but quarterly earnings will post 13.71% year-over-year. Quarterly sales are estimated to grow 14.19% in year-over-year returns.
The shares outstanding are 244.93M, and float is at 187.06M with Short Float at 5.85%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.06 million shares valued at $292.58 million. The investor’s holdings represent 7.6903 of the FRSH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.12 million shares valued at $204.62 million to account for 5.3784 of the shares outstanding. The other top investors are SEQUOIA CAPITAL INDIA OPERATIONS II, LLC which holds 14.63 million shares representing 4.8801 and valued at over $185.66 million, while WESTBRIDGE CAPITAL MANAGEMENT, LLC holds 4.5544 of the shares totaling 13.65 million with a market value of $173.27 million.
Freshworks Inc (FRSH) Insider Activity
The most recent transaction is an insider sale by Mathrubootham Rathnagirish, the company’s EXECUTIVE CHAIRMAN. SEC filings show that Mathrubootham Rathnagirish sold 70,997 shares of the company’s common stock on Jun 11 ’25 at a price of $16.01 per share for a total of $1.14 million. Following the sale, the insider now owns 0.72 million shares.
Freshworks Inc disclosed in a document filed with the SEC on Jun 10 ’25 that Mathrubootham Rathnagirish (EXECUTIVE CHAIRMAN) sold a total of 55,800 shares of the company’s common stock. The trade occurred on Jun 10 ’25 and was made at $16.00 per share for $0.89 million. Following the transaction, the insider now directly holds 0.72 million shares of the FRSH stock.
Still, SEC filings show that on Jun 09 ’25, Mathrubootham Rathnagirish (EXECUTIVE CHAIRMAN) disposed off 3,386 shares at an average price of $16.00 for $54176.0. The insider now directly holds 744,647 shares of Freshworks Inc (FRSH).
