Freshworks Inc (NASDAQ: FRSH) is -3.09% 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 $14.56 in the last trading session, with the day’s gains setting it 1.11%.
Currently trading at $15.67, the stock is 13.63% and 9.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.24 million and changing 7.62% at the moment leaves the stock 9.81% off its SMA200. FRSH registered 13.39% gain for a year compared to 6-month loss of 19.71%.
The stock witnessed a 24.66% gain in the last 1 month and extending the period to 3 months gives it a -14.37%, and is 8.07% up 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 3.01% over the week and 4.09% over the month.
Freshworks Inc (FRSH) has around 4400 employees, a market worth around $4.62B and $751.55M in sales. Fwd P/E is 23.77. Profit margin for the company is -9.76%. Distance from 52-week low is 44.96% and -20.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.71%).
The EPS is expected to grow by 31.72% this year.
Freshworks Inc (FRSH) Top Institutional Holders
The shares outstanding are 244.93M, and float is at 183.77M with Short Float at 5.28%.
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 Taylor Jennifer H, the company’s Director. SEC filings show that Taylor Jennifer H sold 4,685 shares of the company’s common stock on May 12 ’25 at a price of $15.41 per share for a total of $72196.0. Following the sale, the insider now owns 37895.0 shares.
Freshworks Inc disclosed in a document filed with the SEC on May 09 ’25 that AUSTIN ROXANNE S (Director) sold a total of 6,303 shares of the company’s common stock. The trade occurred on May 09 ’25 and was made at $14.75 per share for $92969.0. Following the transaction, the insider now directly holds 0.17 million shares of the FRSH stock.
Still, SEC filings show that on May 09 ’25, ROXANNE S AUSTIN (Director) Proposed Sale 6,303 shares at an average price of $14.75 for $92974.0. The insider now directly holds shares of Freshworks Inc (FRSH).
