The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Freshworks Inc shares valued at $76,306 were purchased by ROXANNE S AUSTIN on Apr 09 ’25. At $12.11 per share, ROXANNE S AUSTIN acquired 6,303 shares.
Also, Yamamoto Mika sold 3,574 shares, netting a total of over 50,751 in proceeds. Following the sale of shares at $14.20 each, the insider now holds 611,604 shares.
Before that, NELSON ZACHARY had sold 8,442 shares from its account. In a trade valued at $122,578, the Director traded Freshworks Inc shares for $14.52 each. Upon closing the transaction, the insider’s holdings decreased to 8,442 shares, worth approximately $0.31 million.
As published in a research note from Oppenheimer on April 09, 2025, Freshworks Inc [FRSH] has been retained to an Outperform and the price target has been revised to $19. Analysts at Wells Fargo downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in late January. As of January 16, 2025, Oppenheimer has increased its “Perform” rating to a “an Outperform” for FRSH. Earlier on October 16, 2024, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for FRSH stock.
Analyzing FRSH Stock Performance
During the last five days, there has been a drop of approximately -4.05%. Over the course of the year, Freshworks Inc shares have dropped approximately -22.26%. Shares of the company reached a 52-week high of $19.77 on 01/28/25 and a 52-week low of $11.37 on 04/07/25. A 50-day SMA is recorded $16.03, while a 200-day SMA reached $14.18.
Support And Resistance Levels for Freshworks Inc (FRSH)
According to the 24-hour chart, there is a support level at 12.22, which, if violated, would cause prices to drop to 11.86. In the upper region, resistance lies at 12.97. The next price resistance is at 13.36. RSI (Relative Strength Index) is 34.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.41, which suggests the price will decrease in the coming days. Percent R is at 76.52%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
