Freshworks Inc’s recently made public that its Director ROXANNE S AUSTIN acquired Company’s shares for reported $76306.0 on Apr 09 ’25. In the deal valued at $12.11 per share,6,303 shares were bought.
Then, Yamamoto Mika sold 3,574 shares, generating $50,751 in total proceeds. Upon selling the shares at $14.20, the CHIEF CUST & MARKETING OFFICER now owns 611,604 shares.
Before that, NELSON ZACHARY sold 8,442 shares. Freshworks Inc shares valued at $122,578 were divested by the Director at a price of $14.52 per share. As a result of the transaction, NELSON ZACHARY now holds 24,890 shares, worth roughly $0.32 million.
Oppenheimer reiterated its Freshworks Inc [FRSH] rating to an Outperform in a research note published on April 09, 2025; the price target was $19. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in late January from “an Equal weight” to “an Underweight”. Oppenheimer also remained covering FRSH and has increased its forecast on January 16, 2025 with a “an Outperform” recommendation from previously “Perform” rating. Wells Fargo started covering the stock on October 16, 2024. It rated FRSH as “an Equal weight”.
Price Performance Review of FRSH
On Monday, Freshworks Inc [NASDAQ:FRSH] saw its stock jump 1.20% to $12.68. Over the last five days, the stock has gained 4.28%. Freshworks Inc shares have fallen nearly -21.58% since the year began. Nevertheless, the stocks have fallen -30.63% 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 $15.79, 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 12.46, which if violated will result in even more drops to 12.25. On the upside, there is a resistance level at 12.92. A further resistance level may holdings at 13.16. The Relative Strength Index (RSI) on the 14-day chart is 36.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.36%. Stochastics %K at 23.94% indicates the stock is a holding.
How much short interest is there in Freshworks Inc?
A steep rise in short interest was recorded in Freshworks Inc stocks on 2025-03-31, growing by 0.82 million shares to a total of 7.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.04 million shares. There was a rise of 10.4%, which implies that there is a positive sentiment for the stock.
