Freshworks Inc’s recently made public that its Director NELSON ZACHARY unloaded Company’s shares for reported $0.12 million on May 02 ’25. In the deal valued at $14.69 per share,8,433 shares were sold. As a result of this transaction, NELSON ZACHARY now holds 24,890 shares worth roughly $0.36 million.
Then, Yamamoto Mika sold 3,574 shares, generating $52,395 in total proceeds. Upon selling the shares at $14.66, the CHIEF CUST & MARKETING OFFICER now owns 608,030 shares.
Before that, ROXANNE S AUSTIN bought 6,303 shares. Freshworks Inc shares valued at $76,306 were divested by the Director at a price of $12.11 per share.
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 Tuesday, Freshworks Inc [NASDAQ:FRSH] saw its stock fall -1.52% to $14.28. Over the last five days, the stock has lost -0.42%. Freshworks Inc shares have fallen nearly -11.69% since the year began. Nevertheless, the stocks have fallen -2.66% 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 $14.51, while 200 days put it at $14.23.
Levels Of Support And Resistance For FRSH Stock
The 24-hour chart illustrates a support level at 14.13, which if violated will result in even more drops to 13.98. On the upside, there is a resistance level at 14.44. A further resistance level may holdings at 14.61. The Relative Strength Index (RSI) on the 14-day chart is 53.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.15%. Stochastics %K at 78.10% indicates the stock is a holding.
