Freshworks Inc’s recently made public that its CHIEF CUST & MARKETING OFFICER Yamamoto Mika unloaded Company’s shares for reported $50751.0 on Apr 01 ’25. In the deal valued at $14.20 per share,3,574 shares were sold. As a result of this transaction, Yamamoto Mika now holds 611,604 shares worth roughly $7.44 million.
Then, NELSON ZACHARY sold 8,442 shares, generating $122,578 in total proceeds. Upon selling the shares at $14.52, the Director now owns 24,890 shares.
Before that, PADGETT BARRY L. sold 780 shares. Freshworks Inc shares valued at $10,990 were divested by the Director at a price of $14.09 per share. As a result of the transaction, PADGETT BARRY L. now holds 26,957 shares, worth roughly $0.33 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 -1.06% to $12.16. Over the last five days, the stock has lost -13.82%. Freshworks Inc shares have fallen nearly -24.80% since the year began. Nevertheless, the stocks have fallen -32.48% 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 04/07/25. SMA at 50 days reached $16.42, while 200 days put it at $14.18.
Levels Of Support And Resistance For FRSH Stock
The 24-hour chart illustrates a support level at 11.42, which if violated will result in even more drops to 10.67. On the upside, there is a resistance level at 12.86. A further resistance level may holdings at 13.55. The Relative Strength Index (RSI) on the 14-day chart is 26.10, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.54%. Stochastics %K at 9.83% 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 2025-03-14, dropping by -0.17 million shares to a total of 7.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.35 million shares. There was a decline of -2.35%, which implies that there is a negative sentiment for the stock.
