The price of Freshworks Inc (NASDAQ:FRSH) shares last traded on Wall Street rose 0.19% to $15.66.
FRSH stock price is now 9.52% away from the 50-day moving average and 6.92% away from the 200-day moving average. The market capitalization of the company currently stands at $4.62B.
On April 09, 2025, Oppenheimer reiterated its ‘Outperform’ rating on the stock by increasing its target price from $24 to quote $19, while ‘Wells Fargo’ rates the stock as ‘Underweight’
In other news, Mathrubootham Rathnagirish, EXECUTIVE CHAIRMAN sold 70,997 shares of the company’s stock on Jun 11 ’25. The stock was sold for $1,136,662 at an average price of $16.01. Upon completion of the transaction, the EXECUTIVE CHAIRMAN now directly owns 724,515 shares in the company, valued at $11.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’25, EXECUTIVE CHAIRMAN Mathrubootham Rathnagirish sold 55,800 shares of the business’s stock. A total of $892,800 was realized by selling the stock at an average price of $16.00. This leaves the insider owning 724,515 shares of the company worth $11.35 million. A total of 36.60% of the company’s stock is owned by insiders.
During the past 12 months, Freshworks Inc has had a low of $10.81 and a high of $19.77. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 2.83, and a quick ratio of 2.83.
The net profit margin was -9.76% and return on equity was -6.85% for FRSH.
