In a filing, Freshworks Inc revealed its Director AUSTIN ROXANNE S unloaded Company’s shares for reported $0.11 million on Feb 13 ’25. In the deal valued at $17.56 per share,6,303 shares were sold. As a result of this transaction, AUSTIN ROXANNE S now holds 187,490 shares worth roughly $3.25 million.
Then, Flower Johanna sold 750 shares, generating $13,508 in total proceeds. Upon selling the shares at $18.01, the Director now owns 41,491 shares.
Before that, Taylor Jennifer H sold 4,690 shares. Freshworks Inc shares valued at $80,902 were divested by the Director at a price of $17.25 per share. As a result of the transaction, Taylor Jennifer H now holds 37,286 shares, worth roughly $0.65 million.
Wells Fargo downgraded its Freshworks Inc [FRSH] rating to an Underweight from a an Equal weight in a research note published on January 21, 2025; the price target was decreased to $13 from $16. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in mid January from “a Perform” to “an Outperform”. Wells Fargo began covering FRSH with “an Equal weight” recommendation on October 16, 2024. Robert W. Baird revised its rating on May 02, 2024. It rated FRSH as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of FRSH
On Friday, Freshworks Inc [NASDAQ:FRSH] saw its stock fall -4.47% to $17.31. Over the last five days, the stock has lost -0.69%. Freshworks Inc shares have risen nearly 7.05% since the year began. Nevertheless, the stocks have fallen -17.37% over the past one year. While a 52-week high of $20.91 was reached on 01/28/25, a 52-week low of $10.81 was recorded on 01/10/25. SMA at 50 days reached $17.10, while 200 days put it at $13.85.
Levels Of Support And Resistance For FRSH Stock
The 24-hour chart illustrates a support level at 16.89, which if violated will result in even more drops to 16.46. On the upside, there is a resistance level at 17.88. A further resistance level may holdings at 18.44. The Relative Strength Index (RSI) on the 14-day chart is 46.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.71%. Stochastics %K at 38.82% indicates the stock is a holding.
