Freshworks Inc’s filing revealed that its Director JENNIFER TAYLOR acquired Company’s shares for reported $0.22 million on Mar 10 ’25. In the deal valued at $15.80 per share,14,060 shares were bought.
Then, ROXANNE S AUSTIN bought 6,298 shares, generating $96,238 in total proceeds.
Before that, NELSON ZACHARY sold 8,433 shares. Freshworks Inc shares valued at $141,000 were divested by the Director at a price of $16.72 per share. As a result of the transaction, NELSON ZACHARY now holds 24,187 shares, worth roughly $0.36 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 Monday, Freshworks Inc [NASDAQ:FRSH] saw its stock fall -5.95% to $14.86. Over the last five days, the stock has lost -9.00%. Freshworks Inc shares have fallen nearly -8.10% since the year began. Nevertheless, the stocks have fallen -20.28% over the past one year. While a 52-week high of $19.77 was reached on 01/28/25, a 52-week low of $10.81 was recorded on 03/10/25. SMA at 50 days reached $17.15, while 200 days put it at $14.00.
Levels Of Support And Resistance For FRSH Stock
The 24-hour chart illustrates a support level at 14.50, which if violated will result in even more drops to 14.13. On the upside, there is a resistance level at 15.41. A further resistance level may holdings at 15.96. The Relative Strength Index (RSI) on the 14-day chart is 28.55, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.98%. Stochastics %K at 11.12% indicates the stock is a buying.
