Freshworks Inc (NASDAQ: FRSH) is 16.02% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FRSH stock was last observed hovering at around $15.36 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $14.73, the stock is -2.01% and -2.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.91 million and changing -4.07% at the moment leaves the stock -1.50% off its SMA200. FRSH registered -8.87% loss for a year compared to 6-month loss of -9.77%. The firm has a 50-day simple moving average (SMA 50) of $15.0461 and a 200-day simple moving average (SMA200) of $14.959875.
The stock witnessed a -7.62% gain in the last 1 month and extending the period to 3 months gives it a 21.98%, and is -0.10% 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 3.23% over the week and 2.96% over the month.
Freshworks Inc (FRSH) has around 4400 employees, a market worth around $4.35B and $751.55M in sales. Fwd P/E is 22.44. Profit margin for the company is -9.76%. Distance from 52-week low is 36.31% and -25.47% 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 32.49% this year
405.0 institutions hold shares in Freshworks Inc (FRSH), with institutional investors hold 91.91% of the company’s shares. The shares outstanding are 244.93M, and float is at 186.94M with Short Float at 5.92%. Institutions hold 85.66% of the Float.
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 Yamamoto Mika, the company’s CHIEF CUST & MARKETING OFFICER. SEC filings show that Yamamoto Mika sold 4,289 shares of the company’s common stock on Jul 01 ’25 at a price of $15.05 per share for a total of $64549.0. Following the sale, the insider now owns 0.57 million shares.
Freshworks Inc disclosed in a document filed with the SEC on Jul 01 ’25 that PADGETT BARRY L. (Director) sold a total of 7,558 shares of the company’s common stock. The trade occurred on Jul 01 ’25 and was made at $15.14 per share for $0.11 million. Following the transaction, the insider now directly holds 32635.0 shares of the FRSH stock.
Still, SEC filings show that on Jul 02 ’25, PADGETT BARRY L. (Director) disposed off 785 shares at an average price of $15.15 for $11893.0. The insider now directly holds 32,635 shares of Freshworks Inc (FRSH).
