In a filing, Freshworks Inc revealed its Director Taylor Jennifer H unloaded Company’s shares for reported $52331.0 on Sep 10 ’24. In the deal valued at $11.17 per share,4,685 shares were sold. As a result of this transaction, Taylor Jennifer H now holds 35,853 shares worth roughly $0.4 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, AUSTIN ROXANNE S sold 6,298 shares, generating $72,301 in total proceeds. Upon selling the shares at $11.48, the Director now owns 216,808 shares.
Before that, ROXANNE S AUSTIN bought 6,298 shares. Freshworks Inc shares valued at $72,293 were divested by the Director at a price of $11.48 per share.
Robert W. Baird downgraded its Freshworks Inc [FRSH] rating to a Neutral from a an Outperform in a research note published on May 02, 2024; the price target was decreased to $16 from $28. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in early May from “an Outperform” to “a Perform”. Wolfe Research also remained covering FRSH and has increased its forecast on February 20, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Jefferies revised its rating on January 05, 2024. It rated FRSH as “a Buy” which previously was an “a Hold”.
Price Performance Review of FRSH
On Tuesday, Freshworks Inc [NASDAQ:FRSH] saw its stock jump 1.35% to $11.27. Over the last five days, the stock has gained 0.36%. Freshworks Inc shares have fallen nearly -52.02% since the year began. Nevertheless, the stocks have fallen -43.68% over the past one year. While a 52-week high of $24.98 was reached on 01/12/24, a 52-week low of $10.96 was recorded on 08/05/24. SMA at 50 days reached $12.03, while 200 days put it at $16.70.
Levels Of Support And Resistance For FRSH Stock
The 24-hour chart illustrates a support level at 11.15, which if violated will result in even more drops to 11.04. On the upside, there is a resistance level at 11.35. A further resistance level may holdings at 11.44. The Relative Strength Index (RSI) on the 14-day chart is 42.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.22%. Stochastics %K at 17.53% indicates the stock is a buying.
How much short interest is there in Freshworks Inc?
A steep rise in short interest was recorded in Freshworks Inc stocks on 2024-08-30, growing by 75152.0 shares to a total of 13.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 13.41 million shares. There was a rise of 0.56%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 28, 2023 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $30.
